Stocks perform mixed on higher transactions | Bangladesh Sangbad Sangstha (BSS) bssnews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bssnews.net Daily Mail and Mail on Sunday newspapers.
Stocks witness up on large-cap vibe
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DHAKA, May 9, 2021 (BSS) – Stocks today witnessed upward trend as major indices of both Dhaka and Chittagong Stock Exchanges were found rising with higher activities of some large-cap securities.
The major rising sectors were textile, IT and fuel and power. A total of 120 large cap securities moved up on higher activities.
The broader DSEX index of the DSE closed the session with 39.68 points up at 5,645.69. The Shariah DSES and the blue-chip DS30 followed the same trend with 9.31 points up at 1,261.49 and with 28.71 points up at 2,165.99 respectively.
The volume of shares decreased to 45.92 crore from Thursday’s 50.39 crore shares and the daily turnover in value at the DSE fell to Taka 13,520.39 million from Thursday’s Taka 14,862.69 million.
Last month Finance Minister AHM Mustafa Kamal openly called upon the capital market experts to come up with policies that will help improve the equity market. The finance minister deserves appreciation for his open invitation to the countrys capital market experts which indicates that
Stocks witness upward trend on large-cap vibe | Bangladesh Sangbad Sangstha (BSS) bssnews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bssnews.net Daily Mail and Mail on Sunday newspapers.
Economy rebounds from corona crisis: MCCI
Staff Correspondent
25th February, 2021 10:52:13
Bangladesh economy is rebounding from challenges of corona virus pandemic due to the steps of the government including stimulus, Metropolitan Chamber of Commerce and Industries (MCCI) observed on Thursday.
“Turning to FY21, economic conditions seem to have been gradually improving after the easing of restrictions in late May 2020, supported by the government policies,” the trade body said in a statement.
MCCI made the observation after reviewing second quarter performance of the current fiscal year.
During this time, the major macroeconomic indicators like remittances, foreign currency reserves, money supply and inflation are in a satisfactory position.