DSE market cap hits Tk 509,937cr -- highest ever
The country's stock market rose to a new height, as the market capitalisation of the Dhaka Stock Exchange (DSE) hit a highest ever level of Tk 509,937 crore on Thursday.
Last week, daily average turnover of the premier bourse rose around 19 per cent to Tk 2,438 crore, the second highest ever since 2010, according to the DSE data.
However, tension remains in some insurance stocks which either tripled or rose higher in the last few months, according to analysts.
Among all sectors, textile has seen the highest rise of 10.2 per cent last week.
"Thanks to the long bearish trend, the textile sector was at a lucrative level. So, investors are thinking that the sector would give a good return after the pandemic," said a top official of an asset management company.
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