Dhaka, Bangladesh (BBN)– The country’s prime stock exchange ended slightly higher on Wednesday with the benchmark DGEN crossing psychological 3000-mark for the first time in six weeks.
The benchmark Dhaka Stock Exchange General Index (DGEN) ended at 3001.45 with a gain of 4.97 points or 0.16 per cent, erasing early gains of more than 18 points.
The gain was led by insurance and non-banking financial institutions while all other sectors including mutual funds, pharmaceuticals and energy issues ended mixed, market operators said.
The market registered a rapid gain in the first hour, driven by banks along with most of the sectors gaining during the period.
However, banks, grabbing 12 percent of the total turnover, could not maintain the momentum as all banks lost their shine at the end of the day, they added.
The broader All Shares Price Index (DSI) closed at 2520.55 with a gain of 5.13 points or 0.20 per cent. The DSE-20 comprising blue chip ended almost unchanged at 2164.70 with a meagre gain of 0.16 points.
There will be no trade today (Thursday) as the market will remain closed due to public holiday on the occasion of Janmashtami, a Hindu religious festival.
BBN/SS/SI/AD-13August09-12:53 pm (BST)