Monday, August 10, 2015

Dhaka Stock Exchange titbits

DSE Weekly Review: Stocks regain momentum on investors' fresh buying (NewAge)

The stock market is an arena for life changing pathways. We all know at least one of relatives who are avidly in pursuit of the stock market news trying to make some secondary earnings source or making it their prior business.  For the economy, it is an important indicator of economic performance and growth, not to mention investment opportunities in the most lucrative industries in the economy. It gets the savings rolling into the economy through, albeit risky,
but
equally profitable ventures, thereby arranging capital for businesses to operate.

The DSEX is the one of the two important indices of the Dhaka Stock Exchange (DSE) which contains the 97% of the equity capitalization of the DSE, operating from Januray 28, 2013. It reflects the overall performance of investment in the stock market.

Full time job? For those of you who says “Yes”, here’s some of the latest from the Dhaka Stock Market.

After January 2015, the DSEX recorded a 7 month high, reported on August 3. From then on the DSEX started to dip but recently gained some momentum, closing at 4864.45 points on August 8, 2015, attaining 1.51 per cent. The daily average turnover increased by around 22% to Tk 827.48 crore from Tk 676.67 crore the previous week.

You can read more about the DSE industry highlights in this news snapshot given in the link.

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