Dhaka, Bangladesh (BBN) - The benchmark index of Dhaka Stock Exchange (DSE) continued its record-breaking rally for the second straight session on Thursday, market operators said.
The market started the day with a strong note, and the momentum continued until the closure. As a result, the DSE General Index (DGEN) crossed the 8800-mark for the first time.
On Thursday, the DGEN increased by 1.32 percent or 114.92 points to close at a fresh high of 8838.10, outshining the previous all time high of 8723.18, recorded just a day ago.
The broader All Shares Price Index (DSI) moved up by 1.30 pe cent or 93.71 points to 7325.91. The DSE-20 Index comprising blue chips was up by 1.80 per cent or 93.61 points to 5283.64. During the last two days of trading, the DGEN increased by 236 points.
Banks were the big movers today as the sector went up by 2.98 percent while contributing 43.84 percent to the total turnover value. AB Bank was the turnover leader with BDT 1.6 billion turnover value while seven more banks featured in the top ten turnover list.
Among others, non-banking financial institutions gained 1.36 percent while Telecommunication and Fuel and Power lost 1.45 percent and 1.23 percent respectively, according to marker report.
Out of the 230 issues traded, 120 advanced, 107 declined, and three remained unchanged.
BBN/SI/AD-03Dec10-1:27 am (BST)