Budget enthusiasm pushes stocks higher, caution drags turnover on Thursday

Stocks

TBS Report
01 June, 2023, 02:45 pm
Last modified: 01 June, 2023, 02:49 pm

Ahead of the proposed budget, the bulls' enthusiasm and expectation for a positive outcome helped push Dhaka-Chattogram stocks higher today.

DSEX, the broad-based index of the Dhaka Stock Exchange (DSE), was up by 0.25% to 6,355 points during the closing bell on Thursday.

105 scrips advanced, 71 declined.  

However, their caution and a wait and see approach reduced turnover in the premier bourse down to Tk998 crore from Tk1,199 crore in the previous session.

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.