Economic Reporter :
Stock markets finished the week on Thursday upward trend since investors found positive stance in new monetary policy statement of the Bangladesh Bank (BB).Bangladesh Bank (BB) on July 31 announced its monetary policy statement (MPS) for the first half (H1) of financial year 2018-19 (FY19) maintaining its growth oriented stance, which was also projected in the just outgoing fiscal.
While announcing the MPS, BB Governor Fazle Kabir said there is enough liquidity in the market so there is a favourable environment in the capital market.
In the MPS, BB expected that the recent strategic investment by the
Chinese Consortium-Shenzhen Stock Exchange and Shanghai Stock Exchange will improve capacity and accelerate the development of the capital market.The broader DSEX of the DSE finished the week with 94.62 points up at 5,399.79. The blue-chip DS30 and Shariah DSES also followed the same trend with 8.73 points up at 1,899.24 and with 2.32 points up at 1,262.10 respectively.
Out of the 344 issues traded at the DSE today, 178 issues gained against 132 losing issues. During the week, the daily average trade value decreased by 21.9 percent to Taka 685.04 crore and the average trade volume fell by 3.5 percent to 17.63 crore shares.
The top five gainers of the week were RENWICKJA, NHFIL, BD Auto Cars, Intech and Legacy Foot. The major losing issues of the week were Meghna Pet, Meghna Condense Milk, BEACHHATCH, Dulamia Cotton and Interco. The top five turnover leaders were UPGDCL, BBS Cables, SAIHAMTEX, Fortune and KDSALTD.
Stock markets finished the week on Thursday upward trend since investors found positive stance in new monetary policy statement of the Bangladesh Bank (BB).Bangladesh Bank (BB) on July 31 announced its monetary policy statement (MPS) for the first half (H1) of financial year 2018-19 (FY19) maintaining its growth oriented stance, which was also projected in the just outgoing fiscal.
While announcing the MPS, BB Governor Fazle Kabir said there is enough liquidity in the market so there is a favourable environment in the capital market.
In the MPS, BB expected that the recent strategic investment by the
Chinese Consortium-Shenzhen Stock Exchange and Shanghai Stock Exchange will improve capacity and accelerate the development of the capital market.The broader DSEX of the DSE finished the week with 94.62 points up at 5,399.79. The blue-chip DS30 and Shariah DSES also followed the same trend with 8.73 points up at 1,899.24 and with 2.32 points up at 1,262.10 respectively.
Out of the 344 issues traded at the DSE today, 178 issues gained against 132 losing issues. During the week, the daily average trade value decreased by 21.9 percent to Taka 685.04 crore and the average trade volume fell by 3.5 percent to 17.63 crore shares.
The top five gainers of the week were RENWICKJA, NHFIL, BD Auto Cars, Intech and Legacy Foot. The major losing issues of the week were Meghna Pet, Meghna Condense Milk, BEACHHATCH, Dulamia Cotton and Interco. The top five turnover leaders were UPGDCL, BBS Cables, SAIHAMTEX, Fortune and KDSALTD.
