Update: Dhaka stocks open with positive mode despite hartal

Last updated: April 4, 2011

Dhaka, Bangladesh (BBN)- Dhaka stocks opened with positive mode on Monday despite of general strike, market operators said.

The benchmark Dhaka Stock General Exchange Index (DGEN) increased by 72.53 points or 1.13 percent and stood at 6519.54 till filing of the reports at about 12:57 pm (local time) as the investors continue to snap up the financial stocks, driven by better-than-expected quarterly financial statements.

But the pace of gain in financial stocks is slower than the previous session.     
Out of 247 stocks, 162 gained, 71 lost and 14 remained unchanged.

The junk shares see price correction after the regulator ordered the bourse to probe into the unusual price hike of some Z-category shares.

On Sunday, the DGEN), main gauge of the market, ended at 6,447.00, rising 94.90 points or 1.49 per cent. The broader DSE All Shares Price Index (DSI) went up by 73.45 points or 1.39 per cent to 5,348.58. The DSE-20 blue chip index rose 78.92 points or 1.99 per cent to 4,047.31.

BBN/KMS/SI/AD-04April-12:59 pm (BST)

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