Dhaka stocks benchmark index hit fresh highs

Last updated: November 6, 2010

Dhaka, Bangladesh (BBN)- The Dhaka Stock Exchange (DSE) continued to experience upswing trend for the seventh straight week that ended Thursday. But profit booking on fuel and power and some banking stocks trimmed the rally in the week.

The benchmark index DSE General Index (DGEN) ended at a fresh high of 7986.92 with a rise of 0.63 per cent or 49.87 points on Thursday.

The benchmark index lost marginally in the three trading sessions in the week. However it rebounded in the last day of the week to set a new high.

The broader All Shares Price Index (DSI) was up by 0.74 per cent or 48.74 points to 6641.04. The DSE-20 comprising blue chip rose 2.88 per cent or 130.41 points to finish at 4661.72.

Market capitalization recorded a new all time high on Monday’s closing with a total of BDT 3,378.56 billion. However, both total turnover and average daily turnover were lower than that of the previous week (down by 15.5 percent and 3.5 percent respectively).

BBN/SSR/SI-06Nov10-11:46 am (BST) 

 

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