Positive Trend in Stock Market Boosts Investor Confidence

This week Bangladesh's stock market showed a promising upward trend reflecting growing investor confidence Despite a bank holiday on Tuesday July 1 which kept trading closed for a day the benchmark index of the Dhaka Stock Exchange DSE ended higher on three out of the four remaining trading days This steady performance brought relief to many investors

The week began on Monday June 30 with a slight drop of just one point in the DSE's benchmark index However the market recovered quickly
Sunday index rose by around 7 points
Wednesday gained nearly 27 points
Thursday added another 2873 points

Over the course of the week the DSEX rose from 483213 to 489406 marking a net increase of 63 points This consistent growth is being viewed as a sign of returning investor trust and could indicate long term market stability

Though daily turnover figures fluctuated slightly the overall trend was positive
Sunday BDT 49434 crore
Monday dropped to BDT 46453 crore
Wednesday increased to BDT 47952 crore
Thursday jumped to BDT 50618 crore

Compared to the previous day Thursdays turnover rose by BDT 2666 crore reflecting increased investor activity and enthusiasm

Market summary for Thursday July 3
DSEX gained 2873 points to close at 489406
DSES fell by 039 points to 106539
DS30 rose by 1842 points to reach 183611

A total of 397 companies traded on the DSE today Among them 154 advanced 181 declined and 62 remained unchanged

The Chittagong Stock Exchange also followed a positive trajectory
CASPI index gained 9965 points to close at 1362844 compared to Wednesdays gain of 9319 points
Thursdays turnover was BDT 2145 crore which was lower than Wednesdays BDT 5374 crore

Out of 205 companies traded on the CSE 117 saw price increases 55 saw declines and 33 remained unchanged

Market analysts believe that this consistent rise in the indices coupled with a moderate increase in turnover signals a potential return to stability in the country's capital market After a period of volatility and investor unease this week’s positive outcome is being interpreted as an early sign of recovery

If macroeconomic stability and institutional investment continue to improve the market could gain further strength in the coming months Experts remain cautiously optimistic that Bangladesh’s stock market is gradually entering a stable and promising phase offering opportunities for both retail and institutional investors