Stock prices on DSE mixed
Thursday, 15 November 2007
FE Report
Stock prices on the Dhaka Stock Exchange (DSE) continued to remain mixed for the second consecutive day Wednesday on profit taking by the investors after four days of rally.
On the day, in the loser dominating market, the prices of Power Grid and UCBL have increased abnormally due to announcement of lucrative disclosure by the company authorities and speculation.
Following the announcement of 25 per cent cash dividend by the Power Grid Company the prices of shares of the company rose 15.06 per cent to Tk 725.50 against its opening price at Tk 642.00 on the day.
On the other hand, prices of UCBL, a 'Z' category shares on the DSE, have increased 12.84 per cent to Tk 5388.75 against its opening price of Tk 4850.00 on the day.
Stock prices on the Dhaka Stock Exchange (DSE) continued to remain mixed for the second consecutive day Wednesday on profit taking by the investors after four days of rally.
On the day, in the loser dominating market, the prices of Power Grid and UCBL have increased abnormally due to announcement of lucrative disclosure by the company authorities and speculation.
Following the announcement of 25 per cent cash dividend by the Power Grid Company the prices of shares of the company rose 15.06 per cent to Tk 725.50 against its opening price at Tk 642.00 on the day.
On the other hand, prices of UCBL, a 'Z' category shares on the DSE, have increased 12.84 per cent to Tk 5388.75 against its opening price of Tk 4850.00 on the day.