DSE upbeat on 2010

Dhaka Stock Exchange, already encouraged by this year's performances, sees a more stronger and stable capital market in the coming year.

“The market performed well with some milestone achievements this year. We saw the much-hyped Grameenphone listing, highest single day turnover, record levels of market capitalisation and key indices, introduction of book building method and many more,” DSE President Rakibur Rahman told journalists yesterday.

“All these successes have added to the investors' confidence. If the trend continues next year and new companies list on the bourses, daily turnover may reach Tk 3,000 crore level by December 2010,” he said.

Rahman also requested the government to increase the flow of good shares to keep the trend by balancing demand and supply.

The government can get more return by offloading shares in such public sectors as hospitality, aviation, port and other services sectors, he said.

Rahman however criticised the government for its intervention in the market this year.