The Dhaka Stock Exchange yesterday recorded its second-biggest turnover, as the ongoing bull run seems to have gotten an added impetus from the proposed budget measures for the incoming fiscal year. A sign of the level of bustle in the bourse, the turnover stood at Tk 2,669 crore, up 22 percent from the previous session on Thursday. Only on December 6, 2010 were a higher
Stocks rise for eighth day
Star Business Report
Star Business Report
Stocks have continued to rise for the last eight days of trade due to increased participation of investors despite the coronavirus pandemic.
The DSEX, the benchmark index of Dhaka Stock Exchange (DSE), rose 63 points, or 1.16 per cent, to stand at 5,498.21 yesterday.
There are many reasons behind the recent jump of the market despite the ongoing pandemic, said Sayedur Rahman, president of Bangladesh Merchant Bankers Association.
The world stock market is in a peak position amidst the pandemic and even the Indian market is also at a high level, he said, adding that India was witnessing a devastating deterioration of the pandemic.
Staff Correspondent,
bdnews24.com
Published: 15 Apr 2021 06:46 PM BdST
Updated: 15 Apr 2021 06:46 PM BdST
The banks in Dhaka were almost deserted on Thursday with most businesses shut amid a coronavirus lockdown with stricter rules and a ban on public movement. );
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The stock market indices rose on the first day of trading amid the new lockdown that began on Wednesday, a public holiday on the occasion of Pahela Baishakh.
The government has allowed banking from 10am to 1pm during the lockdown. Trading on the stock market is continuing from 10am to 12:30pm.
At least one branch of a bank should be open every 2 km in a city corporation area.