Stocks rebound to cross 5000-point mark
BSS, Dhaka :
Major price index of Dhaka Stock Exchange (DSE) showed strong recovery on Wednesday with the DSEX crossing 5000-point mark.
The broader index gained 1.43 percent or 70.87 points to finish at 5005.65 when the blue-chip DS30 and the Shariah DSES followed the general index with over 2.0 percent gains.
The DS30 and the DSES ended the day at 1870.94 and 1180.02 respectively.
The rise in the indices was driven by price rise across the board. Among the day’s 308 issues traded, 171 gained, 108 declined and 29 remained static.
Participation of investors also rose significantly as many were taking the advantage of price fall in the last few trading sessions that made a large number of scrips cheaper.
The active participation increased the daily trade value by 26.5 percent to Taka 846.32 crore and the trade volume by 16.35 percent to 18.06 crore shares.
Mid and micro-cap shares saw the highest participation acquiring 1.8 percent and 1.6 percent share respectively in market capitalisation.
Major price index of Dhaka Stock Exchange (DSE) showed strong recovery on Wednesday with the DSEX crossing 5000-point mark.
The broader index gained 1.43 percent or 70.87 points to finish at 5005.65 when the blue-chip DS30 and the Shariah DSES followed the general index with over 2.0 percent gains.
The DS30 and the DSES ended the day at 1870.94 and 1180.02 respectively.
The rise in the indices was driven by price rise across the board. Among the day’s 308 issues traded, 171 gained, 108 declined and 29 remained static.
Participation of investors also rose significantly as many were taking the advantage of price fall in the last few trading sessions that made a large number of scrips cheaper.
The active participation increased the daily trade value by 26.5 percent to Taka 846.32 crore and the trade volume by 16.35 percent to 18.06 crore shares.
Mid and micro-cap shares saw the highest participation acquiring 1.8 percent and 1.6 percent share respectively in market capitalisation.
