Dhaka stocks rise for third session
FE Report | Thursday, 19 June 2008
Dhaka stocks rose Wednesday led by ICB mutual funds, IT and cement issues for the third straight session, amid increase in the turnover.
The Dhaka Stock Exchange (DSE) halted share trading of the three issues-2nd ICB, 3rd ICB and Bangladesh Shipping Corporation(BSC) - to tame the abnormal rise in their prices.
All the market barometers the benchmark DSE General Index (DGEN), All Shares Price Index (DSI) and DSE-20 Index (DS20)- gained 20.59 points, 16.41 points and 6.76 points to close at 3067.52, 2601.65 and 2547.07 respectively.
All the mutual funds of Investment Corporation of Bangladesh (ICB) shined on the day without any fundamental reason.
Cement issues gained on the news that the manufacturers will raise their production next year while Information Technology (IT) on various moves taken by telecom regulators to boost IT sector, market sources said.
Dominated by gainers, the total market turnover rose to Tk 2.53 billion against the previous day's Tk 2.40 billion.
The gainers outshined the losers as out of 232 issues traded, 133 gained, 91 declined and eight remained unchanged.
The market capitalisation increased to Tk 885.50 billion against Tk 881.02 billion.
The Dhaka Stock Exchange (DSE) halted share trading of the three issues-2nd ICB, 3rd ICB and Bangladesh Shipping Corporation(BSC) - to tame the abnormal rise in their prices.
All the market barometers the benchmark DSE General Index (DGEN), All Shares Price Index (DSI) and DSE-20 Index (DS20)- gained 20.59 points, 16.41 points and 6.76 points to close at 3067.52, 2601.65 and 2547.07 respectively.
All the mutual funds of Investment Corporation of Bangladesh (ICB) shined on the day without any fundamental reason.
Cement issues gained on the news that the manufacturers will raise their production next year while Information Technology (IT) on various moves taken by telecom regulators to boost IT sector, market sources said.
Dominated by gainers, the total market turnover rose to Tk 2.53 billion against the previous day's Tk 2.40 billion.
The gainers outshined the losers as out of 232 issues traded, 133 gained, 91 declined and eight remained unchanged.
The market capitalisation increased to Tk 885.50 billion against Tk 881.02 billion.