Bangladesh stock market news: Stocks open higher on renewed optimism | The Business Standard
Skip to main content
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
The Business Standard

Saturday
February 04, 2023

Sign In
Subscribe
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
SATURDAY, FEBRUARY 04, 2023
Stocks open higher on renewed optimism

Stocks

TBS Report
19 August, 2020, 12:25 pm
Last modified: 19 August, 2020, 05:10 pm

Related News

  • DSE turnover sinks 7% as investors cautious
  • Loan provisioning eased to boost banks' participation in stock market
  • Stocks trading higher on narrowing trade deficit, inching up remittance inflow
  • IMF loan fails to revive stocks, DSEX falls for third day
  • Apex Footwear's revenue jumped 42% in first half of FY23

Stocks open higher on renewed optimism

According to a brokerage house review, the markets have remained cheerful as investors kept on buying fresh stocks at lucrative prices in the hope of achieving capital gain with this upward momentum amid renewed optimism

TBS Report
19 August, 2020, 12:25 pm
Last modified: 19 August, 2020, 05:10 pm
Dhaka stocks exchange
Photo: Mumit M

Following the investors' optimistic view towards the stock market, indices of the country's two main bourses witnessed a big jump in the first one-and-half-hour trading session on Wednesday after consecutive fall of two days. 

According to a brokerage house review, the markets have remained cheerful as investors kept on buying fresh stocks at lucrative prices in the hope of achieving capital gain with this upward momentum amid renewed optimism.

On August 18, the central bank governor said that they will do everything necessary to boost up the stock market.  

Meanwhile, turnover on the Dhaka Stock Exchange (DSE) trading floor also leaped by 18 percent to Tk486.10 crore in the early session amid floor price limitation.

DSEX, the prime index of the DSE, upturned by 106.66 points – or 2.25 percent - to reach at 4,826 till 11:30am.

Moreover, the Shariah-based DSES index gained 22.56 percent to settle at 1,103 points and the blue-chip index DS30 rose 42.66 percent to stand at 1,651.

Out of the 356 issues traded during the same time frame, 290 company's share prices advanced, 38 declined, and 28 remained unchanged.

In the corresponding period, the benchmark index CASPI at the Chittagong Stock Exchange (CSE) increased 243.95 points to close at 13,735.

Economy / Top News

Stock Market / share market / Bangladesh Stock Market / DSE / Dhaka Stock Exchange (DSE) / DSES / DSEX / DS30 / CSE / CSE All Share Price Index (CASPI) / CASPI

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Influentials thwart Bangladesh's reform attempts: Economists
    Influentials thwart Bangladesh's reform attempts: Economists
  • To increase productivity, what factories need are trained staff and advanced technology. Photo: Mumit M
    Apparel export to hit $56b by 2026, but 2023 to be challenging: Cal Research
  • Representational image. Picture: Collected
    Gold price reduced by Tk1,200 per bhori

MOST VIEWED

  • BSEC recasts board to make Imam Button functional
    BSEC recasts board to make Imam Button functional
  • Representational image/File photo
    DSE turnover sinks 7% as investors cautious
  • Loan provisioning eased to boost banks' participation in stock market
    Loan provisioning eased to boost banks' participation in stock market
  • Special auditor appointed at Alhaj Textile
    Special auditor appointed at Alhaj Textile
  • Representational image/File photo
    Stocks trading higher on narrowing trade deficit, inching up remittance inflow
  • How pharmas performed against high headwinds
    How pharmas performed against high headwinds

Related News

  • DSE turnover sinks 7% as investors cautious
  • Loan provisioning eased to boost banks' participation in stock market
  • Stocks trading higher on narrowing trade deficit, inching up remittance inflow
  • IMF loan fails to revive stocks, DSEX falls for third day
  • Apex Footwear's revenue jumped 42% in first half of FY23

Features

Sketch: TBS

Say 'Salud' before your salad main course

11h | Food
Coots running. Photo: Enam Ul Haque

Cute Coot of Baikka Beel: 'And yet he was as bald as a coot'

5h | Panorama
With only one government run specialised cancer hospital in the capital — the National Institute Of Cancer Research and Hospital (NICRH) in Mohakhali — patients have no option but to resort to private hospitals. Photo: Noor A Alam.

Cancer care: Medical treatment and beyond

12h | Panorama
Andy Mukherjee. Sketch: TBS

What makes India's billionaires' support special for Adani

1d | Panorama

More Videos from TBS

Prioritise medical equipment, raw material imports over luxury items

Prioritise medical equipment, raw material imports over luxury items

3h | TBS Round Table
Adani row rocks India’s parliament

Adani row rocks India’s parliament

2h | TBS World
Concord launches new plant to produce environment friendly bricks

Concord launches new plant to produce environment friendly bricks

8h | TBS Stories
How Asif Khan would invest his fresh funds right now

How Asif Khan would invest his fresh funds right now

9h | TBS Markets

Most Read

1
Leepu realised his love for cars from a young age and for the last 40 years, he has transformed, designed and customised hundreds of cars. Photo: Collected
Panorama

'I am not crazy about cars anymore': Nizamuddin Awlia Leepu

2
Photo: Collected
Energy

8 Ctg power plants out of production

3
The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas/File Photo
Economy

IMF approves $4.7 billion loan for Bangladesh, calls for ambitious reforms

4
Fund cut as Dhaka's fast-track transit projects on slow spending lane
Infrastructure

Fund cut as Dhaka's fast-track transit projects on slow spending lane

5
Photo: Collected
Court

Japanese mother gets guardianship of daughters, free to leave country

6
Belal Ahmed new acting chairman of SIBL
Banking

Belal Ahmed new acting chairman of SIBL

EMAIL US
[email protected]
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2023
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - [email protected]

For advertisement- [email protected]