Dhaka, Dec 27 (bdnews24.com) - Indices of the two bourses rose on Tuesday following the news that the opportunity to invest untaxed money in the shares without facing question will continue.
Dhaka Stock Exchange (DSE) general index gained 84.56 points or 1.64 percent to stand at 5239.7 points.
The turnover at the premier bourse was Tk 4.23 billion, around 630 million higher than Monday's.
Of the 264 issues traded on the DSE, 238 advanced, 18 declined and eight remained unchanged.
The Chittagong Stock Exchange's Selective Categories index (CSCX) rose 161.62 points to 9536.94 points. The turnover was Tk 412.83 million.
Of the 191 issues traded on the CSE, 169 advanced, 16 declined and six remained unchanged.
A newspaper report, which said that the provision allowing investment of untaxed or 'black' money in the capital market will be withdrawn soon, impacted the capital market.
After four days of uptrend, the DSE general index had lost 77.24 points or 1.47 percent to close at 5155.14 points on Monday. Monday's turnover was Tk 3.24 billion, around Tk 1.41 billion less than the previous trading day's turnover.
On Tuesday, National Board of Revenue (NBR) chairman Nasiruddin Ahmed told a media briefing that the opportunity to invest undisclosed money in the capital market without facing question from NBR will remain valid until end of the current fiscal year.
Tuesday's trading started with an uptrend which continued until trading ended.
The benchmark index had advanced 232 points or four percent last week. Last week's turnover rose by 32 percent than the previous week.
bdnews24.com/rb/ost/bd/1532h
