Stocks jump amid lockdown
Despite the lockdown, investors are now in a buying mood as share prices have fallen over the past few days
Indices of the both stock exchanges jumped in the first hour of trading session on Monday.
Despite the lockdown, investors are now in a buying mood as share prices have fallen over the past few days, according to a brokerage firm's official.
He said, "Government allowed offices and factories to open amid seven-day lockdown that enhance investors' confidence."
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In the first hour, DSEX, the key index of the Dhaka Stock Exchange (DSE) jumped by 1.73 % or 88.45 points to 5,177 till 11:00 am.
However, turnover, one of the major indicators of the DSE, fell by 22% to Tk100 crore during the session.
While, 224 companies share price rose, 13 issues fell and 56 issues price remain unchanged during the session at the DSE.
Beximco Limited led the turnover chart at DSE. Robi and LafargeHolcim Cement also followed Beximco.
The benchmark index CASPI at the Chittagong Stock Exchange (CSE) rose by 207 points to 14,921 till 11:00 am.
