Apr 18, 2014, 11:52 am (BST)
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Stocks maintain upward trend
 
DHAKA, April 2 (BSS) - Dhaka stocks maintained upward trend for the second consecutive day today with further 60.34 points or 1.17 percent rise in the bench mark price index.

DGEN, the general price index at Dhaka Stock Exchange (DSE), finished the day at 51.82.57 when the daily turnover rose to taka
996 crore from Sunday's taka 813 crore.

The number of gaining and losing issues, however, was very close by 128 to 127 on profit-taking selling.

Issues from engineering, ceramic, power, insurance and fuel and power and financial sectors were among the day's mostly traded issues when the gainers and losers were also from these actively traded shares.

Brokers observed almost similar amount of pressure from both selling and buying sides throughout the day when some investors were booking low P/E shares for dividend gains while some others were offloading for profit-taking.

Market insiders said the investors were regaining their confident to replenish investment in stocks after several measures by the government and the regulatory authorities to put the stock market on the right track.
 
 
 
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