Stocks continue to rise | The Daily Star
12:00 AM, August 13, 2008 / LAST MODIFIED: 12:00 AM, August 13, 2008

Stocks continue to rise

Price indices on the Dhaka Stock Exchange (DSE) continued to rise yesterday for the second consecutive day.
The benchmark DSE General Index increased by 12.68 points, or 0.47 percent, to 2696.09 points, while the DSE All Share Price Index rose by 8.81 points, or 0.38 percent, to 2313.49 points.
The market started yesterday to climb sharply from the very beginning. Within the first 30 minutes, the market gained almost 37 points and reached the day high of 2720 mark. After that the market started to fall sharply and lost about 23 points within the next 30 minutes. After that the market became relatively stable and continued to remain so for the rest of the day with minor fluctuations. The day ended with a flat mood.
The total turnover also rose to Tk 2.12 billion from the previous day's Tk 2.02 billion.
Out of 228 traded issues, prices of 125 gained, 86 declined and 17 remained unchanged. A total of 1,35,33,484 shares were traded on the premier bourse.
The total market capitalisation, however, slightly declined to Tk 944.40 billion yesterday from Tk 940.51 billion from the previous day.
Like the trends in the past few days, share prices of Titas, which accounted for over 8 percent of the day's total turnover, fell by 1.04 percent to end at Tk 353.50.
Beximco Limited, ACI Limited, Beximco Pharma, Lankabangla Finance, Square Pharma, BATBC, Union Capital, Islami Bank and Keya Cosmetics were the other turnover leaders for the day.
Like the prime bourse, the stock prices on the Chittagong Stock Exchange (CSE) also rose yesterday.
The CSE Selective Categories Index rose by 19.46 points, or 0.36 percent, to 5386.97 points, while the All Share Price Index increased by 26.56 points, or 0.32 percent, to 8297.68 points.
Out of 127 traded issues, 62 gained, 60 declined and five remained unchanged.
A total of 23,88,066 shares worth Tk 224.18 million changed hands on the port city bourse.

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