Stocks extend rally to set new records

block

Business Desk :
Stocks extended the winning streak for the two straight sessions on Wednesday with all indices and market-cap of the prime bourse setting at new highs thanks to increased participation of the investors.
DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), went up by 47.14 points or 0.68 per cent to settle at 6,916-the highest since its inception more than eight years back on January 27, 2013.
Two other indices–the DSE 30 Index and the DSE Shariah Index (DSES) — followed the suit to close at new highs of 2,474 and 1,495, after gaining 20.77 points and 5.37 points respectively.
The market capitalisation of the prime bourse also hit a fresh all-time high at Tk 5,600 billion on Wednesday, surpassing the previous high of Tk 5591 billion recorded just four sessions back.
Turnover, another important indicator of the market, stood at Tk 23.66 billion on the country’s premier bourse, which was 5.20 per cent higher than the previous day’s tally of Tk 22.49 billion.

block