- DSEX dropped 0.68% to 5,169, marking a two-month low amid market volatility.
- Turnover fell by 23% as investor confidence dipped sharply.
- Meta Platforms stands out as a promising growth stock during the dip.
The Dhaka Stock Exchange witnessed a significant downturn as the DSEX index fell by 35 points to close at 5,169, its lowest since February.
While volatility shakes short-term confidence, long-term investors can view it as a buying opportunity. Stocks like Meta Platforms offer growth potential with relatively reasonable valuations.
Market Jitters and Growth Opportunities: Meta Stands Tall Amid Global Sell-Off
Bangladesh’s equity market continues to slide, driven by economic uncertainty and weak investor sentiment. The DSEX’s dip to 5,169 reflects growing concerns, and even blue-chip stocks like those on the DS30 weren’t spared, falling by 15 points. Prime Bank’s sharp fall and limited gainers like Eastern Cable underscore the day’s bearish tone.
Trading activity also slowed significantly, with turnover slumping to Tk414 crore — a 23% drop that signals investors pulling back. Such low liquidity in the market can exaggerate price movements and lead to sharper declines, even on minor negative cues.
Despite this, sharp corrections often create opportunities to pick up quality growth stocks at a discount. Meta Platforms, trading at 24x earnings, is one such option. Its consistent innovation in AI and a robust advertising business model provide resilience and long-term growth potential.
Investors who aren’t reliant on short-term returns could use market corrections to accumulate fundamentally strong stocks. History has shown that downturns often precede some of the most profitable periods for long-term equity investors.
While volatility may cloud short-term sentiment, disciplined investors can uncover valuable opportunities. Meta Platforms stands out as one of them.
“Be fearful when others are greedy and greedy when others are fearful.” — Warren Buffett
