Dhaka stocks rise again after price correction

Last updated: June 1, 2009

Dhaka, Bangladesh (BBN)- Dhaka stocks rose on Monday again after Sunday's slight drop, market operators said.

The gain was led by the financial institutions, IT, insurance, ceramic and cement issues while mutual funds, which gained on the previous day, dropped on price correction, they added.

The DSE General Index (DGEN) - the benchmark index - finished at 2596.99 with a gain of 24.81 points. All Shares Price Index (DSI) rose 21.67 points to end at 2168.39. DSE 20 Index, comprising blue chips, gained 0.64 points to finish at 2013.78.

The total turnover of the day increased to BDT 5.50 billion, up from the previous day's BDT 4.89 billion. Gainers took a strong lead over the losers, as out of 242 issues traded, 150 advanced, 87 declined and five remained unchanged.

BBN/SS/SI/AD-02June09-1:52 am (BST)

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