29/09/2026
Market Commentary | 29 September 2026
The market remained slightly negative on Tuesday, with the benchmark DSEX Index declining 1.49 points (-0.03%) to 5,524.37, compared with the previous session’s 0.12% decline. The broader indices also remained under pressure, with the DS30 falling 0.16% to 2,094.68, while the DSES declined 0.19% to 1,098.04. However, trading activity moderated from the previous session, with total turnover falling to BDT 634.52 crore from BDT 746.47 crore, while traded volume declined to 208.39 million shares and the number of trades decreased to 172,615.
Market breadth showed some improvement, although it remained negative overall. 142 issues advanced against 178 declining stocks, compared with 125 gainers and 224 decliners in the previous session. Meanwhile, 75 issues remained unchanged, up from 45 previously. The narrower gap between advancing and declining stocks indicates that selling pressure eased somewhat, despite the market continuing to close lower.
At the index-impact level, DULAMIACOT, SIPLC, BERGERPBL, and SHYAMPSUG provided the strongest positive support, contributing 2.07, 1.54, 1.49, and 0.81 points, respectively. On the negative side, ORIONINFU was the largest drag with an index impact of -2.17, followed by LIBRAINFU (-1.44), RECKITTBEN (-1.23), and AMBEEPHA (-1.23).
Among individual performers, MIDASFIN, SAIHAMCOT, PREMIERCEM, and SIPLC were the leading gainers, rising 8.70%, 7.62%, 6.17%, and 6.09%, respectively. On the downside, HFL recorded the largest decline at -6.72%, followed by PFLSL (-5.88%), PREMIERLEA (-5.00%), and VAMLRBBF (-4.65%).
Trading remained concentrated in selected counters, with SAIHAMTEX leading turnover at BDT 337.10 million, followed by IPDC at BDT 216.79 million and SAIHAMCOT at BDT 185.04 million. PTL and ORIONINFU also featured among the top-traded stocks. In the block market, BRACBANK recorded the highest transaction value at BDT 96.90 million, followed by DHAKABANK at BDT 85.60 million, while JAMUNABANK, IPDC, and GREENDEL also recorded notable block transactions.
Overall, the market remained in negative territory, but the pace of decline moderated compared with the previous session. The DSEX slipped only 0.03%, while the improvement in market breadth—from 125 advances vs. 224 declines to 142 advances vs. 178 declines—suggests that the selling pressure became less widespread. At the same time, turnover, volume, and trade count all declined, indicating lower overall market activity. The session therefore reflected mild index-level weakness, improving breadth, and reduced trading participation.