Dhaka stocks benchmark index cross 7500-mark Wednesday

Last updated: October 13, 2010

Dhaka, Bangladesh (BBN)- Dhaka stocks ticked higher for the third straight session on Wednesday with crossing its benchmark index DGEN 7500-mark for the first time, market operators said.

The benchmark DSE General Index (DGEN) gained 0.67 per cent or 50.40 points to close at a new high of 7513.45 just in a span of four trading sessions. The previous all time high was 7480.33.

The broader All Shares Price Index (DSI) rose 0.65 per cent or 40.48 points to 6243.15. The DSE-20 Index, comprising blue chips, was up by 0.19 per cent or 8.62 points to 4429.14.

The market was scoring new records, defying the warnings of bourses and regulators of possible massive price correction, they added.

Out of the 243 issues traded, 147 gained, 95 advanced, and one remained unchanged. Turnover remained almost unchanged at BDT 20.33 billion from the previous session's BDT 20.18 billion with banks dominating the turnover chart.

BBN/SSR.AD-14Oct10-12:52 am (BST) 

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