Confident investors boost Dhaka stocks

block

Business Desk :
The prime index of the Dhaka bourse along with its turnover rose today riding on the increased confidence of the general investors thanks to the stock market regulator’s recent move to stop the free fall of share prices.
The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), rose 18 points, or 0.28 per cent, to 6,451 at the end of the day. Turnover hit Tk 875 crore, which is 17.76 per cent higher than the previous day’s Tk 743 crore. At the DSE, 179 stocks advanced, 146 declined and 55 did not show any price movement.
Meghna Condensed Milk gained the most with a 10 per cent rise followed by Aramit Cement, Meghna Pet Industries, The Peninsula Chittagon, and BDCOM Online.
Tamijuddin Textile Mills shed mostly that dropped 1.95 per cent. Samorita Hospital, Pharma Aids, Fareast Finance, and CVO Petrochemical Refinery were the other companies in the loser tally.
Beximco Ltd became the most traded stock with shares worth Tk 50 crore changing hands.
IPDC Finance, JMI Hospital, Orion Pharmaceuticals, and Shepherd Industries were also on the top traders’ list.

block