Dhaka, Bangladesh (BBN)– Dhaka stocks closed marginally higher on Monday following the regulator’s directive on increased margin loan ratio, market operators said.
The DSE General Index (DGEN) ended at 8329.11 with a gain of 0.41 per cent or 33.70 points. The broader All Shares Price Index (DSI) rose 0.35 per cent or 23.90 points to 6905.28. The DSE-20 Index comprising blue chips was slightly up by 0.24 per cent or 11.59 points to 4936.30.
The turnover stood at TK 17.50 billion, up by only 1.6 per cent than the previous session. The number of the gainers and losers were almost same, as out of the 245 issues traded, 116 gained, 125 lose, and four remained unchanged.
The Securities and Exchange Commission’s (SEC) directive had little impact on the market, as the turnover remained almost unchanged from the previous session, they added.
Financial sectors and telecommunication closed higher while fuel & power and pharmaceuticals lost. Mutual funds retraced 4.47 percent on the day after gaining more than 14 percent in the previous two sessions, a market report said.
On Sunday, the DGEN lost 284.78 points or 3.32 per cent, the highest-ever single-day fall since the new market barometer was introduced in November 2001.
BBN/SSR/AD-04Dec10-12L57 am (BST)
