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Investors inject Tk 8,000 crore more into DSE


Published : 27 Aug 2021 09:15 PM | Updated : 28 Aug 2021 01:19 AM

Investors injected around Tk 8,000 crore in the last week into Dhaka Stock Exchange that extended its rally for ten straight weeks despite virus worries.

The market capitalisation of the DSE also hit a fresh all-time high at Tk 559189.18 crore on Wednesday.

In the last week, it stood at Tk 557509.15 crore.

Market experts said stocks continued making a new record after breaking previous one as investors are putting fresh funds on stocks amid high expectations among investors.

Besides, the regulatory decision to keep the market open during the lockdown has been taken positively and pushed the market up, they added.

They mentioned that many market supportive measures including removal of the floor price restriction from all listed securities, lower returns from the money market, budgetary measures and several regulatory reforms to build a vibrant capital market have kept the market afloat.

Dhaka Stock Exchange (DSE) continued to break their previous records with all three indices and market cap reaching new highs, they added.

DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up 90.70 points or 1.34 percent to close at 6,851.32.

It stood a record high of 6884.67 points on Tuesday, highest since its inception more than eight years back on 27 January 2013. It added almost 800 points in the past ten consecutive weeks.

However, the DSE30 Index, comprising blue chips, decreased 29.89 points to close at 2,453.43 and the DSE Shariah Index (DSES) went up 25.86 points to close at 1,487.20.

The DSE30 Index, comprising blue chips and the DSE Shariah Index (DSES), also witnessed a record high to stand at historical highs of 2463.55 and 1494.48 on Tuesday, respectively. 

Of the 378 issues traded, 218 advanced, 139 declined and 21 remained unchanged on the CSE floor.

On the other hand, the port city bourse, the Chittagong Stock Exchange (CSE) also saw a rapid growth with its selective category index (CSCX) gaining 118.46 points in the last week to close at 11,820.52 points.

The All-Share Price Index (CASPI) of the CSE was higher by 217.74 points to close at 19930.68 points.

Of the 346 issues traded, 193 advanced, 135 declined and 18 remained unchanged on the CSE floor.

The port city's bourse traded 20.25 crore shares and mutual fund units with turnover value of Tk 505.40 crore during the time.