HOME BRANCHES IMPORTANT LINKS FINANCIAL PERFORMANCE DOWNLOADS
DSE | CSE

User Name
Password

News & Events of PBSL

24-May-2015
IPO Application Form (A4)

20-Feb-2014
Notice for change Margin Loan Ratio

28-Nov-2013
Notice for Fund Withdrawal in Margin Account

03-Nov-2013
Notice for Affected Investors

19-Jun-2013
Notice for maintaining minimum purchase power in Margin Account

Daily Business News All Daily Business News
18 Aug 2013
Stocks maintain a short green week

Stocks gained last week, breaking a four-week losing streak, powered by investors’ buying spree despite a 48-hour strike. The market witnessed another shortened week with only three trading sessions as the bourses remained closed on Sunday and Thursday for Eid-ul-Fitr and National Mourning Day. In this shortened week, the free-float index of the Dhaka Stock Exchange, DSEX, went up 71.72 points or 1.83 percent, to close at 3,983.47 points. Daily average turnover improved to Tk 278 crore, showing a 33.1 percent rise from the pervious week.

All three sessions after Eid-ul-Fitr have traded in the green zone. Every green day had a better volume than the previous day, commented LankaBangla Securities, a stockbroker, in its weekly market analysis. “Investors are trying to gauge the market sentiments before pushing the market to a definite direction.” As panic selling was absent in the last three trading sessions, the market attempted to consolidate, said the stockbroker.

On the economic front, investors were upbeat, influenced by $16 billion forex reserves and growing exports, LankaBangla said. “Strong export performance in the recent months with swelling foreign exchange reserve is adding to the tailwind for the market to grow in the coming months. Political calamity is the only headwind for the sector.” The investors’ watchful tendency over future directions and political dimensions amid sluggish participation fostered trading activities throughout the week, IDLC Investments said in its weekly market analysis. From the very beginning, the investors were positioning fundamentally lucrative scrips and the market continued to maintain its green zone throughout the week, it said.

“Factually, the week observed the impact of investors’ response over different issues regarding capital market, political warm-up and macroeconomic phenomenon like RMG’s export growing by 26.0 percent,” the investment banker said.

Source :: The Daily Star