THE
The bourse saw domestic shares namely
According to DSE daily market reports,
"The market picked up on the second trading day of the year.
Analysts have it that in January the shares are normally trading at declining prices since investors have a number of obligations to fulfill. "This year the norm was broken as share prices are appreciating instead of depreciating... this is not the usual January," an analyst told the 'Daily News' on Wednesday.
On top of that the DSE activities have increased in the first month of the year where over 600,000 shares exchange hands in the last two trading days.
Active counters were CRDB traded 575,200 shares at a price of 200/-, NICOL traded 10,260 shares at a price range of 180/- and 185/- and
The average daily turnover in the last two trading days was 55.36m/-. Also, foreigners participated by 78.05per cent on the buying side only.
Late last year stock analysts projected that DSE would close last year on an optimistic note, based on surging
The exchange ended the year by echoing analysts' prediction and warranted to open this year on the right foot.
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