Economic Reporter :
The broader price index of Dhaka Stock Exchange (DSE) crossed 5600-point mark to end the week’s opening session on Sunday despite a cautionary signal raised by market analysts about sustainability of the recent bullish trend.
DSEX, the general index of the premier bourse, finished the session with hitting a new record at 5602.84 when the selective blue-chip DS30 and the Shariah DSES also reached a new high at 2011.72 and 1286.41 respectively.
Market analysts cautioned investors about the sustainability of the bullish trend that had been continued in the country’s stock market for weeks, taking the indices and transactions to record high.
Amid the cautionary sign, investors continued active trading though they started showing careful move from the last week’s close on Thursday when stocks finished flat.
The investors, however, became more active as market opened Sunday thatresultantly drove the share prices, indices and daily transactions up again.
Sunday’s session at DSE closed with 224 securities gaining against 78 declining issues.
The daily trade value and the volume at the stock exchange also rose to Taka 1668.38 crore and 50.15 crore shares respectively from Thursday’s Taka 1408.74 crore and 42.24 crore shares.
The broader price index of Dhaka Stock Exchange (DSE) crossed 5600-point mark to end the week’s opening session on Sunday despite a cautionary signal raised by market analysts about sustainability of the recent bullish trend.
DSEX, the general index of the premier bourse, finished the session with hitting a new record at 5602.84 when the selective blue-chip DS30 and the Shariah DSES also reached a new high at 2011.72 and 1286.41 respectively.
Market analysts cautioned investors about the sustainability of the bullish trend that had been continued in the country’s stock market for weeks, taking the indices and transactions to record high.
Amid the cautionary sign, investors continued active trading though they started showing careful move from the last week’s close on Thursday when stocks finished flat.
The investors, however, became more active as market opened Sunday thatresultantly drove the share prices, indices and daily transactions up again.
Sunday’s session at DSE closed with 224 securities gaining against 78 declining issues.
The daily trade value and the volume at the stock exchange also rose to Taka 1668.38 crore and 50.15 crore shares respectively from Thursday’s Taka 1408.74 crore and 42.24 crore shares.
