Business

Highest rise in DSEX

Dhaka Stock Exchange record highest rise

The country’s premier bourse today posted its highest single-day point rise in the history of its new premier index, led by gains across almost all the sectors as investors were fueled by the government’s policy support.

The benchmark index of Dhaka Stock Exchange (DSE), DSEX, rose 232.23 points, or 5.59 percent, to 4,382.06 -- notching the highest single-day increase since its inception.

The new index started its journey from January 27 of 2013. Since then the premier index rose 155 points, or 3.76 percent, on May 10 of 2015 which was its highest single-day rise.

Market insiders said the index rose due to announcement of policy support from the government and decision to buy shares by state-run banks.

Square Pharmaceuticals’ directors also announced to purchase shares, which impacted investors’ confidence positively, they added.

Turnover, another important indicator of the market, rose by 53.78 percent to Tk 411.36 crore.

Stocks of Grameenphone, British American Tobacco and Square Pharmaceuticals posted highest contribution to the index. These three added 80 points together to the DSEX.

However, Tung Hai Knitting and Familytex Bangladesh, two junk stocks, were the top gainer of the DSE. Both stocks rose 10 percent.

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Highest rise in DSEX

Dhaka Stock Exchange record highest rise

The country’s premier bourse today posted its highest single-day point rise in the history of its new premier index, led by gains across almost all the sectors as investors were fueled by the government’s policy support.

The benchmark index of Dhaka Stock Exchange (DSE), DSEX, rose 232.23 points, or 5.59 percent, to 4,382.06 -- notching the highest single-day increase since its inception.

The new index started its journey from January 27 of 2013. Since then the premier index rose 155 points, or 3.76 percent, on May 10 of 2015 which was its highest single-day rise.

Market insiders said the index rose due to announcement of policy support from the government and decision to buy shares by state-run banks.

Square Pharmaceuticals’ directors also announced to purchase shares, which impacted investors’ confidence positively, they added.

Turnover, another important indicator of the market, rose by 53.78 percent to Tk 411.36 crore.

Stocks of Grameenphone, British American Tobacco and Square Pharmaceuticals posted highest contribution to the index. These three added 80 points together to the DSEX.

However, Tung Hai Knitting and Familytex Bangladesh, two junk stocks, were the top gainer of the DSE. Both stocks rose 10 percent.

Comments

গরু চুরির অভিযোগে দিনভর মারধর-খাওয়ানো হয় চুন-বালু, যুবকের মৃত্যু

সিলেটের গোয়াইনঘাট উপজেলায় গরু চুরির অভিযোগে দিনভর মারধর করার পর এক যুবককে চুন ও বালু মেশানো পানি খাওয়ানোর অভিযোগ উঠেছে। স্থানীয় বাসিন্দাদের অভিযোগ, এতে গুরুতর অসুস্থ হয়ে ওই যুবকের মৃত্যু হয়েছে।

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