DSE price indices up, turnover down
Star Business Report
Although share price indices on the Dhaka Stock Exchange (DSE) yesterday shot up following a downtrend for three consecutive days, turnover in terms of value dipped.The turnover on the DSE declined to Tk 21.42 crore, which was Tk 39.38 crore on Wednesday. DSE All Share Price Index went up by 15.48 points or 1.23 percent to close at 1267.86 points while the DSE General Index gained by 14.89 points or 0.98 percent to close at 1527.05 points. DSE-20 Index, which comprises blue chips, also rose up by 13.07 points or 0.99 percent to close at 1325.23 points. Market analysts said the capital market may witness an upward trend in the coming days as Power Grid Company of Bangladesh (PGCB) offloads shares next Monday. The state-owned power company will join the stock exchanges by releasing 91,08,940 shares with a face value of Tk 100 each to raise around Tk 91.09 crore.
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