DGEN moves to fresh high
Thursday, 25 November 2010
FE Report
Dhaka stocks rose more than one per cent Wednesday, as healthy buying on banking and energy issues spurred the benchmark index to a fresh high.
The market started the day with a strong note, leading the benchmark DSE General Index (DGEN) to reach nearly 8700-mark within one hour of the trading.
At the end of the day, it shot up by 1.38 per cent or 118.08 points to close at a new high of 8672.90, beating the previous all-time high of 8598.17 recorded just four days back.
The broader All Shares Price Index (DSI) gained 1.30 per cent or 92.98 points to reach 7200.31. The DSE-20 Index comprising blue chips rose sharply 1.37 per cent or 69.50 points to 5126.10.
All the banks except state-owned Rupali Bank shined after witnessing two-day price correction.
Dhaka stocks rose more than one per cent Wednesday, as healthy buying on banking and energy issues spurred the benchmark index to a fresh high.
The market started the day with a strong note, leading the benchmark DSE General Index (DGEN) to reach nearly 8700-mark within one hour of the trading.
At the end of the day, it shot up by 1.38 per cent or 118.08 points to close at a new high of 8672.90, beating the previous all-time high of 8598.17 recorded just four days back.
The broader All Shares Price Index (DSI) gained 1.30 per cent or 92.98 points to reach 7200.31. The DSE-20 Index comprising blue chips rose sharply 1.37 per cent or 69.50 points to 5126.10.
All the banks except state-owned Rupali Bank shined after witnessing two-day price correction.