Turnover of the Dhaka Stock Exchange on Sunday crossed the Tk 1,100-crore mark again after two and a half months while the bourse’s general index continued to rise for the fifth consequent day as both individual and institutional investors went on a buying binge on the hope that the market would rally further. Market operators ... Read more
DGEN
Panic pulls down stocks
The benchmark general index of Dhaka Stock Exchange fell for two days in a row as investors went into sell-offs, fearing another losing spell ahead. The DSE general index (DGEN) lost 154 points, or 2.5 percent, to close at 6,018 points on the day. The DSE general index lost 370 points in two days’ trading ... Read more
DGEN slides below 6000 after 9 months
Persisting panic selling pressure dragged down the benchmark DGEN index below the 6000-mark yesterday, after nine months, adding further fuel to the protest fire that has already engulfed the streets for the last seven days. Thousands of small investors, fuming at the series of plunges in share prices, ran amok – clashing with policemen, setting ... Read more
Stock jitters cap the week
Stocks finished the week in jittery trade, as relentless panic pulled the index and turnover down yesterday. The General Index (DGEN) of Dhaka Stock Exchange suffered a 146-point or 2.2-percent loss and came down to 6,527 at the end of a four-hour trading session — frustrating millions of retail investors. DSE President Shakil Rizvi, however, ... Read more
Optimism lifts stocks
Analysts say risks are far from over Stocks rebounded for the second day amid optimism that support from market intermediaries and the government would continue. Indices bounced more than 400 points shortly after opening of trade yesterday, as prices of shares started hitting the days’ highest limits, spurred by a mood to retain shares to ... Read more