Dhaka Stocks Rally as Global Oil Prices Cool Following Trump Remarks
Building on Monday’s recovery, both the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw sharp upward movements in early trading. Investor confidence was significantly bolstered by news of stabilizing international oil prices and cues that the geopolitical crisis in the Middle East might be entering a de-escalation phase.
Market activity surged from the opening bell, with the DSEX—the broad index of the Dhaka Stock Exchange—gaining over 100 points within the first 20 minutes of the session. By 12:00 PM, the main index had climbed approximately 140 points, or 2.71%, reaching the 5,280-point mark. Trading volume also showed a healthy recovery, crossing BDT 300 crore in the first half of the session, signaling a return of liquidity and a renewed appetite for risk among local investors.
Financial analysts attribute this "relief rally" to a shift in global sentiment after U.S. President Donald Trump suggested that the conflict with Iran could conclude sooner than expected. This led to Brent crude prices dropping into the $90–$94 range, easing fears of long-term energy-driven inflation in Bangladesh. Banking, pharmaceuticals, and large-cap financial stocks have led the charge in today’s gains, as institutional investors move back into equities that had reached attractive price points during the recent bloodbath.
