Stock prices rise for third day, gains banks

Last updated: September 3, 2009

Dhaka, Bangladesh (BBN)- Stock prices on Dhaka Stock Exchange (DSE) rose for the third day in a row Thursday, market operators said.

All the price barometers -- DGEN, DS 20 and All Shares Price Index -- gained 10.96, 21.60 and 9.41 points to close at 2985.46, 2141.88 and 2509.94 respectively. The turnover rose to BDT 5.26 billion against BDT 4.47 billion of the previous level.

Out of 238 traded issues, 117 gained, 116 declined and five remained unchanged.

The benchmark DGEN gained around 25 points within the first one hour.

Most of the sectors particularly the banks gained during this period. Banks gained almost 1.5 per cent at one point in the trading session. The index started to come down when it almost reached the 3000-mark.

Most of the sectors including banks had slight price adjustment for the rest of the session. Banks enjoyed a slightly better share of total turnover compared to recent times.

BBN/SS/SI/AD-04September09-3:09 am (BST) 

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