DGEN crosses 8,000 points
The key index of the premier bourse yesterday crossed the 8,000-point mark for the first time, after Dhaka stocks gained 108 points, or 1.36 percent.
At the end of the trading hours, DSE General Index (DGEN), the benchmark index of the Dhaka Stock Exchange, stood at 8,083 points.
Most of the sectors passed a good session and contributed to the overall gain. Among the biggest gainers, the telecom sector comprised of lone Grameenphone advanced 5.56 percent.
Also, the energy and power sector rose 2.37 percent, banks 1.62 percent and non-bank financial institutions (NBFIs) 1.15 percent.
Pharmaceuticals, tannery and cement companies also increased by 1.63 percent, 1.46 percent and 0.9 percent, on an average, respectively.
Stockbrokers said investors have already started taking positions especially of the financial sector shares targeting the end-year closing in December.
The investors are encouraged by the third quarter earnings of the banks and NBFIs that showed a huge profit growth, most of that coming from investment in the stockmarket, the stockbrokers said.
Gainers beat losers 142 to 90, with three securities remaining unchanged on the prime bourse, which traded more than 10.28 crore shares and mutual fund units on a value of Tk 2,329 crore.
Peoples Leasing and Financial Services topped the turnover list of the DSE with 33.88 lakh shares worth Tk 105 crore being traded.
Chittagong stocks also marked a sharp rise, with the CSE Selective Categories Index increasing by 268 points, or 1.85 percent, to 14,732.
The Chittagong Stock Exchange traded more than 1.18 crore shares and mutual fund units on a value of Tk 206 crore.
Advancers beat losers 107 to 73, with eight securities remaining unchanged on the port city bourse.
Pubali Bank topped the turnover leaders on the CSE with 9.54 lakh shares worth Tk 9.26 crore being traded.