Market ends 139 points up
BI Report || BusinessInsider
Stock market
The stock market closed with key index DSEX gaining more than 139 points on Thursday.
Earlier in the morning, Dhaka stocks rose sharply as the investors overlooked the regulator’s move to put a lid on spiralling share prices of some issues.
On Thursday, the benchmark DSEX gained over 139 points or 2.41 percent to close at 5,909. The index lost 91 points after investors reacted negatively to the regulator’s opening probe into unusual share price hike on Wednesday.
Two other indices, the DSES added 21 points or 1.68 percent to 1,323 and blue-chip DS30 was up 76 points or 3.56 percent to 2,236.
On Tuesday, the market regulator BSEC wrote to the Dhaka Stock Exchange and Chattogram Stock Exchange to scan the companies that witnessed 50 percent rises in their stock prices in the last month whether there are any manipulations behind the price hikes. The BSEC ordered the two bourses to report back within 45 working days.
