DSE marks rise

December 31, 2008

Staff Reporter
The Dhaka Stock Exchange (DSE) registered remarkable gains after a day of the national election as investors’ hoped that the peaceful election and its results would help boost the market.
The investors yesterday placed huge buying orders to get profit, pushing up the day’s turnover to Tk 4.31 billion on yesterday from Tk 2.9 billion on Sunday. After two and half month, the turnover crossed the US$ 4 billion since October 21 this year.
The prices of shares gone up across the board while 175 issues, out of the total 230 bought and sold on yesterday registered gains. Besides, 50 incurred losses and five remained unchanged.
The DSE General Index (DGEN), the benchmark index, gone up 67 points or 2.45 percent to close at 2,795 while the All Shares Price Index (DSI) gained 51 points or 2.26 percent to 2,309 and DSE-20 index of selective shares rose 37 points or 1.61 percent to close at 2,329 points.
The market capitalisation increased to Tk 1.044 trillion on Tuesday from Tk 782 million on Sunday.
The Beximco Pharma, Summit Power, Titas Gas, Beximco, Shinepukur Ceramics, GrameenS2, National Bank, ACI, ACI Formulations and Uttara Bank were the day’s turnover leaders in terms of value.
The day’s volume leaders were AIMS 1st Mutual Fund, Beximco Textiles, GRAMEENS2, Beximco Pharma, Shinepukur Ceramics, Beximco, Quasem Dry Cell, BD Com, BD Online and Golden Son.
Top gainers of the day were BDCom, BD Online, Summit Power, Summit Alliance Port, Aramit, Beximco Synthetics, Quasem Dry Cell, Ashraf Textiles, Dulamia Cotton and Beximco Pharma.
Top losers were Shyampur Sugar, Reckitt Benckiser, Meghna Condensed Milk, Dhaka Fish, Renwick, Monno Ceramics, Islami Bank, Standard
Ceramics, Eastern Lubricants and Anwar galvanising.
Stockbrokers said the share market suffered a setback in the recent months amid apprehension over the country’s political future coupled with the adverse impact of global financial crisis.
However, they said, the market started recovering from a dull trend next days.

Courtesy: nation.ittefaq.com

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