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DSEX crosses 4,800-mark after 10 months

CSE also registered an upward trend at the end of the session

The prices of most of the shares with the “Z” category on bourses witnessed a positive trend in the early hours of trading Sunday as optimistic investors continued their buying appetite on sector-wise issues.

DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), went up by 151 points or 3.22% to cross the 4,800-mark and stand at 4,854 points in its first trading session after ten months at 1pm when the report was filed.

Talking to Dhaka Tribune, stock analysts and market insiders said the growing investors’ confidence following the securities regulator’s stance against manipulation, mandatory shareholding issue and planning to work on the junk stocks encouraged investors to take positions on stocks.

The DSE witnessed a sharp gain in turnover, as the daily turnover crossed the Tk940 crore at 1pm.

Among the traded issues, 317 gained, 30 declined and seven remained unchanged during the period at DSE.

Meanwhile, the port city’s bourse, Chittagong Stock Exchange (CSE), also registered an upward trend at the end of the session.

(DT)

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