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Stocks ended last week slightly up

Stocks 2024-12-07, 10:33pm

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Dhaka Stock Exchange logo_



Dhaka, Dec 7: Bangladesh's capital market orchestrated an upward movement last week, with the main index of the Dhaka Stock Exchange gaining 11.78 points to reach 5197.

The percentage change for the broad index was 0.23 percent. Market participation was 18.53 percent. The average daily turnover for the week was Tk 444.3 crore.

The capital market is making notable strides on various economic fronts, demonstrating resilience and adaptability in the face of challenges.

This progress is timely, as an IMF mission is visiting to validate compliance and discuss the next steps.

A new inflation calculation methodology, focusing on 20 key products, aims to provide a more accurate picture, excluding volatile items like fuel and vegetables.

Furthermore, efforts to enhance the business environment through regulatory reforms and incentives are attracting more foreign direct investment, supporting economic growth.

Bangladesh continues to implement structural adjustments and strategic policies, well-positioned to overcome challenges and sustain its growth trajectory in the coming years. - UNB