Dhaka stocks gain further with all three indicators going up

Dhaka, Bangladesh (BBN)– Dhaka stocks continued to advance on Wednesday with all three indices going up, market operators said.  

The benchmark index of the Dhaka Stock Exchange, generally known as DGEN, went up by 2.38 percent or 178 points following Tuesday’s record gain of 1,012 points or 15.58 percent appreciation.

The other two indices, DSI and DSE-20 advanced 2.10 percent and 1.15 percent respectively, according to DSE data.  

The financial sectors – Banks (+2.38 percent), non-banking financial institutions (NBFIs) (+4.21 percent), General Insurance (+6.28 percent) and Life Insurance (+6.26 percent) – helped the market to advanced as other major sectors declined including Telecommunication (-5.23 percent), Fuel & Power (-0.70 percent) and Pharmaceuticals (-0.41 percent).

Wednesday’s  total turnover was BDT 16.5 billion, a sharp increase by 69 percent from Tuesday’s BDT 9.8 billion.

BBN/SI/AD-12Jan11-6:01 pm (BST) 

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