Stocks make strong comeback
Stocks made a strong comeback today as many shares became lucrative because of a massive fall in the last two days.
The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), soared 120 points, or 1.74 per cent, to 7,005.
Turnover, however, fell to Tk 1,386 crore from Tk 1,470 crore a day ago.
At the DSE, 340 stocks advanced, 22 declined and 14 remained unchanged.
KDS Accessories topped the gainers' list that rose 10 per cent followed by Active Fine Chemicals, Bangladesh Monospool Paper, Nurani Dyeing, and Eastern Housing.
Stocks of Beximco Ltd traded mostly that worth Tk 86 crore followed by Delta Life Insurance, NRB Commercial Bank, Orion Pharmaceuticals, and Fortune Shoes.
Olympic Accessories shed mostly that dropped 9.90 per cent followed by Summit Power, Dragon Sweater, Islamic Finance, and Tung Hai Knitting.
Due to the rise of BATBC, Robi Axiata, ICB, Beximco Ltd and Titas Gas, the benchmark index of the DSE rose 28 points, according to amarstock, a stockmarket data provider based in Bangladesh.
The Chattogram bourse also rose today. The CASPI, the main index of the Chittagong Stock Exchange (CSE), increased 274 points, or 1.36 per cent, to 20,444.
Among 300 stocks traded, 245 rose, 33 fell and 22 remained unchanged.