Stocks surge to year-high turnover on BSEC leadership shake-up

Dhaka's stock market surged to its highest turnover of 2026 today (4 June) as the capital market regulator Bangladesh Securities and Exchange Commission (BSEC) saw its outgoing chairman resign and a new one appointed on the same day.

Trading on the Dhaka Stock Exchange (DSE) hit Tk1,351 crore by the close of the session — the highest single-day turnover this year — buoyed by renewed investor confidence following the leadership transition at the top securities regulator.

Markets began climbing in the morning after news broke of the resignation of BSEC Chairman Khondoker Rashed Maqsood and four commissioners.

Turnover crossed Tk1,000 crore before noon. Sentiment strengthened further when Masud Khan was appointed the new BSEC chairman during the session, pushing activity higher through the closing bell.

The previous year-high had been set just a day earlier, when DSE turnover stood at Tk1,279 crore on Wednesday. 

Positive momentum had, in fact, defined the entire week. All four trading sessions since markets reopened on Monday following the Eid-ul-Adha holiday recorded gains, with the benchmark index rising each day.

There was no exception today. The flagship DSEX index gained 33 points, the Shariah-based DSES rose 9 points, and the blue-chip DS30 added 11 points.

Advancers outpaced decliners, with 242 companies posting gains against 104 losers, while 45 others closed unchanged.

Genex Infosys PLC led the gainers with a 10% jump, while Jamuna Bank PLC was the top loser, shedding nearly 10%.

The Chittagong Stock Exchange (CSE) also closed in the green. The all-share CASPI index advanced 83 points, with 152 companies gaining against 74 declining and 29 unchanged. Total turnover at the CSE stood at Tk27.46 crore.