Dhaka, Bangladesh (BBN)– The country’s stocks recorded a rise on Monday, taking the Dhaka Stock Exchange (DSE) benchmark index to an all time high level.
The benchmark DSE General Index (DGEN) gained 0.76 per cent or 52.58 points to close at 6897.56, the highest level ever.
The broader DSE All Shares Price Index (DSI) was up by 0.81 cent or 46.84 points to 5775.11. The DSE-20 blue chip index rose 1.87 per cent or 74.51points to 4045.74.
The market might go through a price correction in the next week, when the merchant bankers and stock brokers would start implementing the NAV-based margin call requirements in line with the SEC’s directive, market experts said.
However, the day’s total turnover was BDT 18.95 billion, up by 4.4 percent from that of yesterday. The market capitalization stood at BDT 3.03 trillion on the day.
Out of 262 issues traded, 168 advanced, 90 declined and four remained unchanged.
Chittagong stocks also posted rise with the CSE Selective Categories Index increasing 82 points, or 0.63 percent to 1,303.
The Chittagong Stock Exchange traded more than 11.7 million shares and mutual fund units on a value of BDT 1.52 billion.
Of the traded issues, 122 advanced and 67 declined on the port city bourse.
BBN/SI/AD-21Sept10-1:06 am (BST)
