Dhaka stocks soar on New Year
Dhaka, Bangladesh (BBN) – Dhaka stocks began on Sunday the year’s maiden session on an upbeat note with turnover rising substantially as investors went for fresh investment, market operators said.
The market opened with a flying note, gaining more than 40 points within five minutes and the upbeat mood continued until the market closure and finally ended 94 points higher.
The benchmark general index of the Dhaka Stock Exchange, generally known as DGEN, the yardstick of the market climbed 94.14 points or 1.79 percent to close at 5,351.75.
The broader DSE All Shares Price Index (DSI) rose 75.05 points or 1.71 per cent to close at 4,458.99. The DSE-20 blue-chip index also advanced 48.51 points or 1.24 per cent to close at 3,958.84.
Turnover value crossed the BDT 6.0 billion mark and stood at BDT 6.70 billion after nearly one and a half month high since November 23, last year. On November 23, turnover value was BDT 10.51 billion.
Out of 261 issues traded, 196 advanced, 60 declined and 26 remained unchanged.
Grameenphone (GP) was the top turnover chart with shares worth BDT 225.75 million changing hands.
GQ Ball Pen was the day’s top gainer posting a rise of 9.96 percent while Meghna Condensed Milk was the worst loser and lost 9.84 percent.
BBN/SSR/AD-01Jan12-4:43 pm (BST)