Optimism drives stock market rally - News Summed Up

Optimism drives stock market rally


Turnover at the premier bourse went as high as Tk 1,406 crore on Thursday, reflecting the high level of optimism among investors. Three companies contributed to 17.7 per cent of the turnover: Beximco, Beximco Pharmaceuticals and IFIC Bank. Two new initial public offerings -- Crystal Insurance Company and Robi -- have made their debut in the secondary market last week. Confidence among investors has stayed high throughout the week as the economy has continued to recover from the COVID-induced slip-up, said the weekly market review of EBL Securities. All but one sector-wise returns were positive last week, according to the weekly market analysis.


Source: Dhaka Tribune December 26, 2020 18:00 UTC



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