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Dhaka bourse hits record 7,297 points thedailystar.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thedailystar.net Daily Mail and Mail on Sunday newspapers.
Dhaka bourse's index hits historic high thedailystar.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thedailystar.net Daily Mail and Mail on Sunday newspapers.
Turnover, an important indicator of the stock market, plunged 2.4 per cent to Tk 1,418 crore. Advent Pharmaceuticals topped the gainers list with a 10 per cent rise followed by Nurani Dyeing, Shurwid Industries, Tung Hai Knitting, and Index Agro. Beximco Ltd became the most traded stock with shares worth Tk 83 crore changing hands followed by Saif Powertec, Robi Axiata, Summit Power, and National Feed Mills. At the DSE, 231 stocks rose, 88 declined and 49 remained unchanged. Malek Spinning shed the most that dropped 4.3 per cent followed by Emerald Oil, eGeneration, Mercantile Insurance and Islami Insurance. The Chittagong Stock Exchange also rose yesterday. The CASPI, the general index of the port city bourse, surged 190 points or 1.14 per cent to stand at 16,849. ....
The benchmark index of Dhaka Stock Exchange (DSE) went past 5,800 yesterday after around four months thanks to increased participation of investors. The DSEX rose 62 points, or 1.08 per cent, to end the day at 5,813 points. The index has been rising for the last couple of days because of the higher participation of investors in a buoyant mood, according to market analysts. ....
Gamblers are going to play with the company, he said on condition of anonymity. On the other hand, the market regulators recent steps to enable a rebound of their performance also instigated me, the investor added. The Bangladesh Securities and Exchange Commission (BSEC) has taken the initiative to restructure companies whose performance is below par. Till date, the BSEC has replaced boards of directors of six listed junk companies Emerald Oil, C&A Textiles, Ring Shine Textiles, United Airways, Familytex (BD) and Alhaj Textile Mills. Market analysts believe that investors are misinterpreting the regulators steps, which could blow up their portfolios. ....