August was a domestic confidence and liquidity correction: DSEX fell 5.05%, average daily turnover contracted 30.16%, and market breadth weakened. The report examines energy pressures, valuations, investor flows and the partial stabilization through 3 September 2026.
August 2026 monthly market update
From reform optimism to liquidity reality. This 14-page Empire Capital report covers August 2026, with post-month-end analysis through 3 September 2026.
Download the complete August 2026 report (PDF, 2.8 MB)
The full report below preserves the original charts, tables, methodology, sources and limitations. Figures and interpretations are those of the supplied report.
Cover and central analytical finding

Executive analysis

Market performance

Market internals

Sector and stock dispersion

Stock-level dispersion

Valuation, flows and earnings

Earnings and regional context

Energy and macro transmission

Domestic energy, power and macro snapshot

Policy, regulation and market color

Post-month-end validation

Analytical synthesis

Methodology, sources and limitations



