Dhaka, Bangladesh (BBN) - Bangladesh stocks gained for the second session in a row on Tuesday defying the warnings of bourses and experts of possible massive price correction, market operators said.
The benchmark DSE General Index (DGEN) gained 0.90 per cent or 66.62 points to close at 7463.05, which was only 17 points short of the all-time-high.
The CSE Selective Categories Index, the key index of Chittagong Stock Exchange, rose 149 points, or 1.07 percent, to 14,033.
The broader All Shares Price Index (DSI) rose 0.84 per cent or 51.83 points to 6202.67. The DSE-20 Index, comprising blue chips, was up by 1.05 per cent or 46.09 points to 4420.52.
With the gain of the last couple of days, the market recovered the losses it counted two days ago following a warning of a 'disaster' from both the bourses. But it is apparent that investors, who went for panic sales on Sunday, are defying the warnings.
BBN/SSR/SI-13Oct10-10:17 am (BST)