Bangladesh’s stock market continued its strong recovery for a second consecutive day on Tuesday, signaling easing investor fears linked to the Middle East conflict. The Dhaka Stock Exchange (DSE) benchmark index DSEX rose by more than 148 points, following a 132-point gain the previous day, totaling a two-day increase of 280 points. The Chittagong Stock Exchange (CSE) also saw a sharp rise, with its CSCX index climbing 2.33 percent to surpass 9,000 points.
According to Ifthekhar Alam, president of the Bangladesh Merchant Bankers Association and CEO of LankaBangla Investments, natural buyers have returned to the market after a major correction, restoring positive momentum. He noted that the government’s decision not to raise fuel prices, alternative supply arrangements, and the arrival of two oil tankers at Chattogram port have eased concerns over fuel shortages, positively influencing the market.
Trading activity also increased, with DSE transactions reaching about Tk 594 crore compared to Tk 416 crore the previous day, reflecting renewed investor participation and confidence.