DSE index welcomes new BSEC chair with 70-point surge
During the opening session up to 10:10am, the DSEX gained 73 points to reach 5,548, its highest level in the past three months.
The benchmark index of the Dhaka Stock Exchange (DSE) rose sharply in early trading today (7 June), following the appointment of the new chairman of the Bangladesh Securities and Exchange Commission (BSEC), who assumed office on Thursday.
During the opening session up to 10:10am, the DSEX gained 73 points to reach 5,548, its highest level in the past three months.
The blue-chip DS30 index also posted strong gains, rising 29 points to 2,097.
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Of the traded securities, 298 advanced, while 34 declined and 34 remained unchanged.
Turnover during the session stood at Tk213 crore.
Market insiders attributed the rally to renewed investor confidence following the appointment of the new BSEC chairman.
They expressed optimism that the newly appointed chairman, Masud Khan, would play an important role in restoring stability and confidence in the capital market.
