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Stocks rise for eighth day
Star Business Report
Star Business Report
Stocks have continued to rise for the last eight days of trade due to increased participation of investors despite the coronavirus pandemic.
The DSEX, the benchmark index of Dhaka Stock Exchange (DSE), rose 63 points, or 1.16 per cent, to stand at 5,498.21 yesterday.
There are many reasons behind the recent jump of the market despite the ongoing pandemic, said Sayedur Rahman, president of Bangladesh Merchant Bankers Association.
The world stock market is in a peak position amidst the pandemic and even the Indian market is also at a high level, he said, adding that India was witnessing a devastating deterioration of the pandemic.