Saturday, November 19, 2011

Dhaka Stock Exchange november 20 2011

Dhaka Stock Exchange november 20 2011 : The general index at the Dhaka Stock Exchange has registered a 52.52-point or 0.88 percent gain in the first two hours of trading on the week's opening day.

The premier bourse's benchmark index stood at 5219.48 points at 12.53pm on Sunday with shares worth Tk 2.21 billion changing hands. Gainers outweighed losers by 177 to 58 and seven issues were at their opening prices.

The index peaked, adding around 125 points, at the end of first five minutes after the day's trading opened.

The previous week's trading ended in a flurry of exchanges occurring with the turnover topping Tk 4.26 billion on Thursday with most issues marking a healthy rise, apparently booster by the outcomes of a meeting between prime minister Sheikh Hasina and market stakeholders.

The general index gained 179.4 points registering a 3.6 percent rise to close at 5166.96 at the weeks closing.

News that the meeting will be held later during the day spiked Wednesday's DGEN by 338.23 points or 7.27 percent to the closing 4987.56 points.

The key index had plummeted 559 points from the start of the week's trading. It lost 341 points on Sunday and Monday, and on Tuesday, it shed 228.20 points or 4.67 percent to 4649.32 points at close.

It was decided at the Wednesday night's meeting that no question would be asked about 'undisclosed income' invested in the stock market, and a decision to announce short-, medium- and long-term plans in a day or two.

The meet followed a massive fall in stock prices for three consecutive days after the nine-day Eid recess and a series of street protests by small investors. For the latest updates on the stock market, visit Stock Market Today
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