Dhaka stocks maintain upward trend Tuesday

Last updated: December 21, 2010

Dhaka, Bangladesh (BBN) - Dhaka stocks continued its upward trend for the second consecutive day on Tuesday after a big nosedive on Sunday.

Dhaka Stock Exchange Index (DGEN) increased by 152.67points or 1.92 percent and stood at 8111.94 till filing of the reports at about 12:59 pm (local time).

The market made a flying start in Monday morning, and the Dhaka Stock Exchange Index (DGEN) - the main market barometer - increased 429 points within five minutes of trading, and finally it ended at 7959.28, up by 304.87 points or 3.98 per cent.

Monday's 304.87 points gain was the second highest single-day gain. In November 16, 2009, the DGEN gained the highest 764.88 points, following the listing of Grameenphone.

The broader All Shares Price Index (DSI) rose 3.92 per cent or 248.95 points to 6605.49. The DSE-20 Index comprising blue chips was up by 3.71 per cent or 169.89 points to 4745.46.

BBN/SI/SSR-21Dec10-12:59 pm (BST) 

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