Dhaka, Bangladesh (BBN) – Dhaka stock prices rose steadily over the week amid some volatility and gained for the second consecutive session on Thursday to close the week at 6,352.10 which is 187.28 points or 3.04 percent higher than last week’s closing.
The daily turnover also increased substantially to close the week at around BDT 10.49 billion which is BDT 1.82 billion or 21 percent higher than last week’s closing turnover.
Investors were boosted mainly by the news that the Investment Corporation of Bangladesh (ICB), main sponsor of proposed Bangladesh Fund of Bangladesh Taka (BDT) 50 billion, has sought permission for the fund, market operators said.
Market regulator Securities and Exchange Commission (SEC) has assured to give permission to the Bangladesh Fund on urgent basis.
BBN/SSR/AD-01Apr11-8:09 pm (BST)