Stocks begin rising again
The stock market continued rising again for the second consecutive day with the prime index of the Dhaka bourse hitting its highest ever points level today.
DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), soared 52 points, or 0.73 per cent, to 7,258 – the same points level the market hit on September 9.
The index has been falling for the last few weeks as most of the stock investors were in a profit booking tendency, said a stock broker.
However, now the index is soaring again as some of the people are buying stocks again, he said.
Turnover of the Dhaka bourse increased 8.3 per cent to Tk 1,910 crore today, up from Tk 1,762 crore a day earlier.
Pacific Denims topped the gainers' list that rose 9.86 per cent followed by International Leasing, Alif Industries, Premier Leasing and Tung Hai Knitting.
Reliance One shed mostly in the market that fell 6.26 per cent followed by ICB AMCL Second Mutual Fund, Eastern Lubricants, National Housing Finance and Investments, and BD Lamps.
At the DSE, 224 stocks rose, 117 declined and 35 remained unchanged.
Stocks of Beximco Ltd traded mostly that worth Tk 144 crore followed by Beximco Pharmaceuticals, Alif Industries, LafargeHolcim Bangladesh, and SAIF Powertec.
The Chattogram Stock Exchange (CSE) also rose today. The CASPI, the general index of the port city bourse, edged up 210 points, or 0.99 per cent, to 21,240.
Among 327 traded stocks, 194 advanced, 100 fell and 33 remained unchanged.