DSE indices up on hope for better days
Share indices at the Dhaka Stock Exchange closed higher today (Sunday) with the gainers outnumbering the losers during the day's trading that began late due to technical reasons.
The day's trading started at 12 noon after correcting the technical fault and continued up to 3 pm.
The DSE General Index (DGEN) increased about 42 points or 1.79 percent to close at 2377.68 points today while the All Share Price Index (DSI) rose 42 points or over 2 percent to close at 1982 points.
The DSE-20 index of selective shares was also 25 points or 1.29 percent up to close at 1939 points.
Of some 185 issues traded, 128 gained, 43 incurred loss and 14 remained unchanged. The total turnover stood at Tk 116 crore.
Market operators said the market went up belying the country situation on expectation that the unrest would be mitigated further in the days ahead. “The investors might have ignored the country situation to act in the market,” said one of them.
Another perception is that investors' participation in the stock market is higher than other sectors as they might have felt investment is safe in the capital market in the present day situation of the country.
The indices fell sharply on the previous two trading days last week -- Tuesday and Wednesday -- following the unrest at Dhaka University that led to the imposition of curfew in capital Dhaka and five other divisional cities.
The DSE remained closed on Thursday due to the curfew.
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