Share price indices on DSE continue to rally

FE Team | Published: September 07, 2007 00:00:00 | Updated: February 01, 2018 00:00:00

FE Report
The share price indices on the Dhaka Stock Exchange (DSE) continued to rally for the eighth day Thursday amid buying by the investors.
But, the total turnover declined in thin trade as the investors moved cautiously because of a lingering bull-run of the market. The total market capitalisation, however, rose on the day.
Market operators said the prices of shares on the DSE have been maintaining an upward trend mainly due to higher flow of fund in the market.
Moreover, the investors have now sufficient fund for investment as they have received refunds on account of unsuccessful bid for acquiring initial public offerings (IPOs), market operators said.
DSE-20 Index (DS20), DSE-General Index (DGEN) and All Shares Price Index (DSI) further gained 15.025 points, 12.937 points and 7.782 points to close at 2056.432, 2553.912 and 2127.115 respectively.
The total turnover dropped to Tk 1.670 billion from previous Tk 2.094 billion while the total market capitalisation rose to Tk 591.179 billion from Tk 589.361 billion Wednesday last.
Out of 204 traded issues prices of 113 gained, 73 declined and 18 remained unchanged.
Power Grid was the turnover leader with traded shares worth Tk 186.990 million followed by BRAC Bank 125.755 million, Desco Tk 68.688 million, UCBL Tk 62.181 million, Summit Power Tk 61.925 million, AB Bank Tk 60.485 million, NBL Tk 48.661 million, Fareast Life Insurance Tk 41.315 million, Square Pharma Tk 38.227 million and Heidelberg Cement Tk 37.629 million.