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DSEX Kept Rising To End Week.

DSE (Dhaka Stock Exchange), ended GREEN on Thursday (June 10, 2021), the last working day of the week. Due to the purchase spread among investors, the country’s stock market kept rising for the last three consecutive days (June 8 – June 10) of the week. On the last working day of week (June 10, 2021), the stock market turnover reached well beyond Tk 2,500 crore to end at Tk. 26,692.596 mn which was certainly a good indication for investors.

DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), has risen by 11.59113 points to end at 6066.64183 points on Thursday (June 10, 2021). A 0.19143% rise from its previous day’s (Wednesday, June 9, 2021) value of 6055.0507 points. A continuous rise for the last three consecutive days to remain over 6000 points range.

The market turnover (total money transaction value for traded shares) on Thursday (June 10, 2021). Has decreased slightly only 1.15883% (Tk. 312.9490 mn decrease) from its previous day’s value of Tk. 27005.545 mn, highest ever in a decade. On that day, the market turnover was Tk. 26692.596 mn at the end of day’s trading. The market turnover has remained over Tk. 2,000 crore range for last 7 consecutive working days which is also good indication of Investors’ increased participation in the capital market that has led to this high turnover, giving a boost to confidence. Investors are buying stocks when some are taking profits as they have confidence to the market.

A total of 367 company’s shares were traded on the last working day of the week, Thursday (June 10, 2021). Among which price increased for 209 companies, price decreased for 149 companies and price remained unchanged for 9 companies.

Zaheen Spinning topped the gainers list that rose 10 per cent followed by Index Agro Industries, Mir Akhter Hossain Ltd, Coppertech Industries, and S. Alam Cold Rolled Steels. Stocks of Beximco Ltd traded mostly that worth over Taka 229 crore (Tk. 2,291.1750 mn) followed by LankaBangla Finance, Pioneer Insurance, Fortune Shoes, and National Polymer.

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