7 shares on the back of a fall market rebound

Date:

Post View:

7 shares on the back of a fall market rebound

The main index of the main stock market Dhaka Stock Exchange (DSE) fell by 147 points in the last two consecutive days. Although the market was positive at the beginning of trading today, the market took a negative turn half an hour before trading. During this period DSE index decreased by 14 points.

In such a situation, seven companies come forward to pull the market. They are BRAC Bank, Square Pharma, Grameenphone, British American Tobacco, Renetta, UCB, and Pubali Bank.

As the share prices of the companies rise, so does the DSE index. At the end of the day, a falling market leads to a big uptrend. Even after the price of companies fell on this day, the DSE index showed a big rise.

Today the DSE index rose by around 85 points. And these 7 companies contributed about 85 points to the increase in the index. This information is known from Lankabangla analysis portal sources.

Among the companies, BRAC Bank has contributed the most to the market today. The DSE index rose by more than 20 points today to boost the share price of the company.

Then Square Pharma contributed 19 points, Grameenphone a quarter of 15 points, and British American Tobacco around 13 points.

Besides, Reneta contributed about 5 points, UCB 4 and a half points, and Pubali Bank about 4 and a half points to bring the market up.

Source: DSE.

Bmirrorhttps://bmirror.net/
businessmirror20@gmail.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_img

Popular

More like this
Related

Undermining Local Spinning in Favour of Imports: At What Cost?

S H Fahim: Bangladesh's debate over bonded warehouse facilities...

Leadership Development Training held at Al-Arafah Islami Bank

A day-long training programme titled “Connect, Influence & Grow:...

Southeast Bank signs MoU with Fair Technology to promote Hyundai vehicles

Southeast Bank PLC. has signed a Memorandum of Understanding...

Women entrepreneurs receive only 7.5pc of CMSME loans

Women-owned businesses received only 7.5 per cent of total...