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SAM

Published:
2018-10-02 17:01:46 BdST

Net foreign fund in stocks rebounds after five months


FT ONLINE

Net foreign fund in stocks turned positive last month after remaining negative over the period of last five months as overseas investors were putting fresh funds to take advantage of 'lucrative' price level.

The overseas investors bought shares worth Tk 2.47 billion and sold stocks of Tk 2.12 billion, to take their net investment to Tk 0.35 billion in September, according to statistics from the Dhaka Stock Exchange (DSE).

In August, the overseas investors collected shares worth Tk 1.76 billion, but sold shares worth Tk 1.82 billion, resulting in their net position negative by Tk 57 million, the DSE data shows.

The net foreign investment in the DSE was also negative in February, April, May, June and July this year.

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