BSS, Dhaka :
Bull return to Dhaka Stock Exchange (DSE) on Sunday after closing last week lower amid technical glitch that halted trading for hours in two sessions.
The broader DSEX gained nearly 42.24 points to finish the day at 4586.95 at Sunday’s close when the blue-chip DS30 and Shariah DSES ended higher at 1758.01 and 1112.79 respectively.
“Dhaka stock market is now following economic cues ahead of budget. Today, investors might have responded positively to the news of corporate tax cut on bank and non-bank financial institutions”, said Lanka Bangla Securities Limited.
There was a media report about possible cut in the corporate tax rate to 40.0 percent from existing 42.5 percent for the banks, insurances and FIs that are listed on the bourses. The news had a positive impact on investors.
Bull return to Dhaka Stock Exchange (DSE) on Sunday after closing last week lower amid technical glitch that halted trading for hours in two sessions.
The broader DSEX gained nearly 42.24 points to finish the day at 4586.95 at Sunday’s close when the blue-chip DS30 and Shariah DSES ended higher at 1758.01 and 1112.79 respectively.
“Dhaka stock market is now following economic cues ahead of budget. Today, investors might have responded positively to the news of corporate tax cut on bank and non-bank financial institutions”, said Lanka Bangla Securities Limited.
There was a media report about possible cut in the corporate tax rate to 40.0 percent from existing 42.5 percent for the banks, insurances and FIs that are listed on the bourses. The news had a positive impact on investors.
