Dhaka, May 07 (V7N) – The Dhaka Stock Exchange (DSE) has experienced a sharp decline as tensions escalate between India and Pakistan following missile exchanges across the border, including strikes in Pakistan’s Azad Kashmir and retaliatory attacks on Indian targets.

On Wednesday morning, the DSEX, the DSE’s key index, dropped by over 70 points within the first 10 minutes of trading. Within the first five minutes, it had already plunged more than 50 points, reflecting widespread investor panic amid rising geopolitical uncertainties.

As of 12 noon, the downward trend continues:

  • DSEX: down 78 points

  • DSES: down 22 points

  • DS30 Index: down 21 points

So far, the day's total trade has reached Tk 226.2 crore. However, investor confidence remains fragile:

  • Only 13 stocks have gained

  • 363 stocks have declined

  • 13 stocks remain unchanged

Baraka Patenga Power Limited leads the turnover chart, followed by NRB Bank and Beach Hatchery Limited.

The stock market shock follows the deadly escalation between the two nuclear-armed neighbors, triggered by the killing of 26 Indian nationals in a gun attack in Jammu and Kashmir on April 22. India blamed Pakistan-based militants for the incident and responded with a series of missile strikes, prompting retaliatory action from Pakistan.

Analysts warn that prolonged hostilities could deepen regional instability and further dampen investor sentiment in Bangladesh and other South Asian markets.

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