The country's premier bourse saw an 101.08 point rise in the general index on the first hour of trading, on the second last working day of the week. The benchmark index at the Dhaka Stock Exchange (DSE) stood at 5306.25 points at 11.58am on Wednesday. Shares worth a total of Tk 823.44 million have change hands with gainers heavily outweighing losers 202 to eight.
On Tuesday, the DSE reclaimed some ground, 169 points in the general index, following the fall that persisted in the previous trading days.
The market shed 40.62 points or 0.8 percent on Monday, and the benchmark index closed at 5036.49 points, amid continued protests by retail investors following continuous drop in share prices.
A platform of small investors called for making bank investments compulsory to stabilise the stock market. They also called for steps from the government forcing the banks to invest up to their limits and for implementation of investment declaration by banks from Tuesday.
The investors also urged the government to force merchant banks, financial organisations and insurance companies to maximise their investments to the limit allowed and for making a compulsory investment of 80 percent of mutual funds in the market.
On Sunday, the benchmark index lost 231.65 points or 4.36 percent to close at 5077.12 points.
Last week, the index shed 237 points to stand at 5308.79 points at the close on Thursday.
Source: bdnews24.com
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