Indices rise in stock markets

Main indices in both Dhaka and Chattogram stock markets have risen today amid reports of meeting between stakeholders and the finance minister.

Stock prices of most of the listed companies and transactions also increased on Monday. 

Mahbub H Mazumdar, managing director of the merchant bank AFC Capital, told The Business Standard that Finance Minister AHM Mustafa Kamal, in Monday's meeting, had assured working on stock market development with all of the stakeholders. 

"The move helped build trust among the general investors to some extent, which led to positive impact on the stock markets," he added.

The Dhaka Stock Exchange's main index the DSEX stood at 4,959 points rising 17 points on Monday. In addition, Shariah index DSES rose to 1,556 point increasing one point, and Bluechip index DS30 stood at 1,755 increasing 17 points.

In total, the DSE saw a turnover of Tk388.80 crores on Monday, which was 22 percent higher than the day before. 

Shares and units of 353 issues were traded in the DSE. Of them, prices of the 46 percent shares and units have risen, while 38 percent declined and 16 percent remain unchanged. 

Monno Jute Stafflers, with shares worth Tk33.46 crores, was the turnover leader in the DSE followed by National Tubes with shares worth Tk21.19 crores and Stylecraft with shares worth Tk13.4 crores respectively. 

Meanwhile overall index of Chittagong Stock Exchange, CASPI, stood at 15,062 points, increasing 89 points. 

Shares and units of 247 issues were traded in CSE. Among them, prices of 125 shares increased, prices of 86 shares dropped and 36 of them remain unchanged. 

The stock market's total turnover was Tk33.52 crores.