Bangladesh's stock market surges as banking and cement sectors rally sharply
Bangladesh's capital market closed the week on a strong note, with all major indices rising. Investor activity picked up as key sectors like banking and cement saw sharp gains in share prices and trading volumes.
The Dhaka Stock Exchange (DSE) recorded higher turnover, reflecting renewed confidence among traders.
The benchmark DSEX index led the gains, climbing 80 points over the week. The Shariah-compliant DSES index followed with a 37-point increase, while the blue-chip DS30 index added 15 points. The SME index also moved up by more than 3.5 points.
The finance sector became the top draw for investors. Share prices in this sector surged by over 116 percent, and turnover jumped by 123 percent. BRAC Bank PLC dominated the sector's trading, with its weekly turnover rising by over 3 percent.
Meanwhile, the cement sector experienced a major rally. Prices in this area soared by 109 percent, while turnover increased by 93 percent. Overall market breadth stayed positive, with more companies seeing price rises than declines.
Average daily turnover at the DSE reached Tk 668 crore, up from Tk 579 crore the previous week. In the block market, Fine Foods Limited saw the highest activity, with shares worth nearly Tk 13.8 crore changing hands.
The week's gains come as Bangladesh's economy shows signs of recovery. UN projections forecast 5.1 percent growth in FY26, with inflation expected to ease to 7.1 percent. These factors may be supporting broader market optimism, though no direct links to recent economic or political events have been identified.