DSE Weekly Roundup: April 27 – May 1, 2026 — Bears Dominate as Turnover Slips
Sarah Ali
The Dhaka Stock Exchange closed the week ending May 1, 2026 with bears in control. Three out of four sessions saw more losers than gainers, and turnover dropped compared to recent weeks. Only Wednesday (Apr 29) offered relief, with 189 stocks closing higher. Here is the full breakdown.
Market Overview
| Date | Gainers | Losers | Unchanged | Volume (Mn) | Turnover (Mn BDT) |
|---|---|---|---|---|---|
| Apr 27 (Sun) | 109 | 207 | 80 | 271.5 | 9,199.8 |
| Apr 28 (Mon) | 93 | 248 | 55 | 330.7 | 9,863.7 |
| Apr 29 (Tue) | 189 | 149 | 58 | 300.8 | 8,465.0 |
| Apr 30 (Wed) | 125 | 209 | 62 | 296.2 | 8,430.8 |
| Weekly Total | — | — | — | 1,199.2 | 35,959.3 |
Monday (Apr 28) was the worst session of the week with 248 losers and the highest turnover at Tk 9,863.7 Mn. Tuesday (Apr 29) was the lone bullish day — 189 gainers against 149 losers. Wednesday saw selling resume, with 209 stocks closing lower. Thursday was a holiday, so the week wrapped after four sessions.
Q3 Earnings Highlights
Third-quarter results rolled in throughout the week. Here are the companies that stood out.
BSRMSTEEL — Strong Quarter
BSRMSTEEL reported Q3 EPS of Tk 6.35, up from Tk 4.45 in the same period last year — a 42.7% jump. Nine-month EPS reached Tk 11.49 versus Tk 9.12 a year earlier. NAV per share rose to Tk 97.36 from Tk 90.52. NOCFPS also improved to Tk 28.89 from Tk 23.75. The steelmaker's cost optimization and revenue growth both contributed.
PREMIERCEM — Earnings Explosion
PREMIERCEM turned in the week's most dramatic improvement. Consolidated Q3 EPS hit Tk 1.80, compared to Tk 0.31 a year ago — a nearly six-fold increase. Nine-month EPS climbed to Tk 1.99 from Tk 0.67.
ADNTEL — Steady Growth
ADNTEL posted consolidated Q3 EPS of Tk 0.62, up from Tk 0.55. Nine-month EPS slipped slightly to Tk 1.86 from Tk 2.08, but NOCFPS improved to Tk 3.07 from Tk 2.77 on better receivables collection.
CROWNCEMNT — Sharp Decline
CROWNCEMNT saw Q3 EPS fall to Tk 0.91 from Tk 2.03, and nine-month EPS dropped to Tk 1.70 from Tk 3.56. Despite the earnings decline, NOCFPS strengthened to Tk 19.49 from Tk 17.16, and NAV held steady at Tk 62.28.
STANDBANKL — Earnings Squeeze
STANDBANKL reported Q1 EPS of just Tk 0.02, down from Tk 0.15. NOCFPS went negative at Tk (2.58) versus Tk 8.35 last year. The bank also drew a BSEC margin loan prohibition this week (see Regulatory section).
Other Notable Results
- GENEXIL: Q3 EPS Tk 0.67 vs 0.85 — nine-month held steady at Tk 2.12
- ORIONINFU: Q3 EPS Tk 0.27 vs 0.37 — nine-month EPS flat at Tk 1.42
- GHAIL: Q3 loss narrowed to Tk (0.11) from Tk (0.17)
- MEGHNAPET: Losses deepened — Q3 EPS Tk (0.212) vs (0.21)
- SBACBANK: Q1 EPS flat at Tk 0.14, but NOCFPS crashed to Tk 1.56 from 11.26
Dividend Declarations
| Company | Dividend | Type | EPS (FY25) | EPS (FY24) | Record Date |
|---|---|---|---|---|---|
| PHENIXINS | 12% | Cash | Tk 2.02 | Tk 1.51 | Jun 9 |
| TAKAFULINS | 10% | Cash | Tk 1.21 | Tk 1.46 | May 21 |
| REPUBLIC | 10.25% | Cash | Tk 1.88 | Tk 1.99 (restated) | May 21 |
| JAMUNABANK | — | — | Tk 5.92 | Tk 2.97 (restated) | — |
PHENIXINS leads the pack with a 12% cash dividend and strong EPS growth. TAKAFULINS declared 10% cash despite a dip in earnings. REPUBLIC offered 10.25% cash with a slight EPS decline. JAMUNABANK's FY25 EPS more than doubled from the restated Tk 2.97 to Tk 5.92.
Regulatory Updates
BSEC imposed margin loan prohibitions on three stocks this week:
- ISLAMIBANK — margin loan restricted
- SBACBANK — margin loan restricted
- STANDBANKL — margin loan restricted
These restrictions typically signal concerns about the financial health or price volatility of the affected stocks. Traders should note that margin financing is no longer available for these names.
ACI announced the formation of a joint venture, 'Deli ACI Bangladesh Limited,' expanding its consumer goods footprint.
Board Meetings and Results Next Week
- ROBI — Q1 results expected May 7
- IDLC — Q1 results expected May 6
- DBH — Annual results expected May 10
What to Watch Next Week
- ROBI and IDLC Q1 results could move their respective sectors
- BSRMSTEEL's strong Q3 may attract buying interest in steel stocks
- CEMENT stocks under pressure — CROWNCEMNT's sharp EPS decline sets a cautious tone
- BSEC margin restrictions on ISLAMIBANK, SBACBANK, and STANDBANKL may suppress activity in those names
- Dividend hunters will watch PHENIXINS (record date Jun 9) and TAKAFULINS/REPUBLIC (record date May 21)
- Watch whether Tuesday's bullish momentum (189 gainers) carries into the new week or fizzles out
Key Takeaways
- Bears controlled 3 of 4 sessions — weekly turnover slipped to Tk 35,959 Mn
- BSRMSTEEL was the star: Q3 EPS up 43% YoY to Tk 6.35
- PREMIERCEM's Q3 EPS surged nearly 6x to Tk 1.80 from Tk 0.31
- CROWNCEMNT's Q3 EPS more than halved — Tk 0.91 vs Tk 2.03
- Three banks hit with BSEC margin loan prohibitions — ISLAMIBANK, SBACBANK, STANDBANKL