Dhaka, Bangladesh (BBN) – Dhaka stocks rose to a two-week high Tuesday, pushing the benchmark index to reach its second best level. The DSE General Index (DGEN) surged by 0.69 per cent or 44.82 points to end at 6,483.92, which was just 11 points behind from its all time high of 6,495.20 set on July 21.
On the other hand, US stocks put its big rally on hold Tuesday after disappointing earnings and economic reports reminded investors of the obstacles still facing the economy. The Dow Jones Industrial Average fell 38.00 points or 0.4 percent to 10,636.38 while the Nasdaq Composite index shed off 11.84 points or 0.5 percent to 2,283.52.
BBN/SSR/SI/AD-04Aug10-10:43 am (BST)