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Dhaka stocks drop for 2nd day
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The DSEX gained 198 points in the last three sessions.
The market started flying from the very beginning of Thursday’s session and maintained the momentum until the end of the session as investors continued buying shares, especially banks shares, market operators said.
They said that investors continued taking position in bank shares amid expectation of better returns as the prices of those shares still remained lucrative.
Investors reshuffled their portfolios and joined the banks rally by selling off other shares, market operators said.
EBL Securities in its daily market commentary said that the large capitalised bank sector led the rally as investors were engaged in buying rush in the sectoral stocks after their earnings surprises.