The DSEX edged down 1.53% from the previous day
Share prices rallied for a third consecutive session yesterday, with the key index of Dhaka Stock Exchange (DSE) registering a 5.44 percent spike, the highest jump in four and a half years.
Dhaka stocks opened the day with a massive declining trend amid political uncertainty
Stocks in Bangladesh yesterday maintained their gaining streak to four days consecutively riding on investors’ increased interest in shares of food and allied, pharmaceutical, financial and telecommunication companies.
Capital machinery imports are recovering slowly as concerns over political uncertainty ease and banks show more willingness to facilitate investments amidst increased liquidity in terms of US dollars and stability in the exchange rate. During the July-January period of this fiscal year (FY), LC openings for capital machinery grew three percent year-on-year to $1,557 million, according to Bangladesh Bank data.
Pharma, engineering stocks faced massive falls
The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), gained 15 points, or 0.23 per cent, to close at 6,366.
The turnover even hit record Tk 530 crore on Jun 21
It hit Tk 1,198 crore, up from the previous day's Tk 976 crore
The DSEX edged down 1.53% from the previous day
Share prices rallied for a third consecutive session yesterday, with the key index of Dhaka Stock Exchange (DSE) registering a 5.44 percent spike, the highest jump in four and a half years.
Dhaka stocks opened the day with a massive declining trend amid political uncertainty
Stocks in Bangladesh yesterday maintained their gaining streak to four days consecutively riding on investors’ increased interest in shares of food and allied, pharmaceutical, financial and telecommunication companies.
Capital machinery imports are recovering slowly as concerns over political uncertainty ease and banks show more willingness to facilitate investments amidst increased liquidity in terms of US dollars and stability in the exchange rate. During the July-January period of this fiscal year (FY), LC openings for capital machinery grew three percent year-on-year to $1,557 million, according to Bangladesh Bank data.
Pharma, engineering stocks faced massive falls
The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), gained 15 points, or 0.23 per cent, to close at 6,366.
The turnover even hit record Tk 530 crore on Jun 21
It hit Tk 1,198 crore, up from the previous day's Tk 976 crore
However, turnover dropped 6%
