Home ›› Stocks

Stocks jump at open

Staff Correspondent
16 Nov 2021 10:44:27 | Update: 16 Nov 2021 14:46:41
Stocks jump at open
People pass by the Dhaka Stock Exchange building. – Rajib Dhar

Dhaka stocks opened sharply higher on Tuesday after relaxing credit lending facilities.

In the first 45 minutes into the trade, the benchmark DSEX index gained 56 points or 0.81 per cent to 6,998.

Shariah-based DSES index added 12 points or 0.88 per cent to 1,478 while the blue-chip index DS30 rose 14 points or 0.53 per cent to 2,673.

On Monday, the Bangladesh Securities Exchange Commission directed brokers to extend margin loans on individual stock having a price-earnings ratio up to 40, revoking the index-based credits imposed in August.

×