DSEX surges 5.06% in a week

DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), witnessed significant gains with 5% more, or 259 points, in the past week as investors' appetite grew for fundamentally strong stocks.

The weekly gain from 20 to 24 July was the highest so far this year, with the DSEX settling at 5,392 points, up from 5,132 points in the previous week.

According to the DSE, in the five trading sessions, the DSEX increased as investors concentrated on the buying side. 

Its weekly report stated that the average turnover surged by 26.09% to Tk859.44 crore with a total turnover of Tk4,297 crore.

Of the traded stocks, 215 scrips advanced and 144 declined, while 35 stocks remained unchanged. 

EBL Securities, in its weekly market commentary, said the benchmark index demonstrated a bull run this week to register the highest weekly gain recorded so far this year, as investors' resilient positive sentiment reflected strong buying interest in selective blue-chip scrips amid a shift in liquidity toward equities, prompted by declining yields on government fixed-income securities. 

The bullish enthusiasm sparked across the trading floor from the onset of the week, further stimulated by anticipation surrounding upcoming quarterly earnings announcements. 

The buying spree persisted throughout the week despite the IMF's recommendation to maintain the policy rate at 10.0% until mid-FY26 and lingering uncertainty over the resolution of US tariff-related issues, leading the benchmark index to extend its bullish tailwind for seven consecutive weeks, it reads.