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%
It ended the day at Tk 1,109 crore
The index rose for nine consecutive days before falling for a day on April 30
Turnover at the Dhaka Stock Exchange (DSE) hit a two-and-a-half-year low today mostly because of a confidence crisis among the general investors.
Stocks on both Dhaka and Chattogram bourses fell for the sixth consecutive day today as investors were largely inactive for a confidence crisis.
Dhaka stocks continue to drop for the fifth consecutive day today when the turnover plunged below Tk 350 crore again because of low participation of investors.
Turnover at the Dhaka Stock Exchange (DSE) plunged 20 per cent today from the last trading day amid confidence crisis among investors.
All indexes of the Dhaka and Chittagong stock exchanges (DSE) rose today as investors showed fresh interest in making investments after political tension eased to some extent.
Shares on the Dhaka and Chattogram stock exchanges fell for the second consecutive day today as shaky investors went for selling while some adopted the 'wait-and-see' stance amid the ongoing gloomy market trend.
The Chittagong Stock Exchange (CSE) declined for the third straight day today.
Turnover at the Dhaka bourse crossed Tk 1,500 crore today after a month as optimistic investors were in a buying mood.
The Chittagong Stock Exchange (CSE) continued to rise for the second straight day today.
The Chittagong Stock Exchange (CSE) rose in the morning session today.