Dhaka stocks rise Monday, index new high

Last updated: August 10, 2010
Dhaka, Bangladesh (BBN)- Dhaka stocks posted moderate rise on Monday, pushing the benchmark index DGEN to another new high, market operators said. 
The DSE General Index (DGEN) gained 0.29 per cent or 19.21 points to reach a new high of 6620.98. DGEN continued to set new mark for the fourth running sessions and gain for the eighth straight sessions.
The market opened with a positive note but went into the red at around noon in fear of further intervention from the securities regulator. 
Later, it started to inch up due largely to modest buying of non-banking financial institutions, life insurance, engineering and cement stocks, they added.
The broader DSE All Shares Price Index (DSI) rose 0.51 percent or 28.25 points at 5520.85. The DSE-20 blue chip index was up by 0.41 percent or 15.59 points to 3813.03.
 
BBN/SSR/SI/AD-10Aug10-11:54 am (BST)  
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