The Dhaka Stock Exchange All Share Price Index gained a massive 183.72 points while Its market capitalisation surged by Tk 1271.86 crore at the end of the days trading yesterday. The DSE Index stood at 1574.56 [Klints and market capitalisation at Tk 10.900.4 crore. The index below 1200 points at the end of last month and marked a total rise of more than 275 points in only seven days of transactions

Share Prices of 116 companies gained and only 10 issues suffered losses' while 4 remained unchanged out of 130 traded Issues

About 10 lakh shares and debentures changed hands valued at over Tk 26 crore during brisk trading on the day

Increasing number of tn vestors are coining to the share market, driving up the prices of the issues said Imtiaz Hossain. < hairman of the DSE

Ruling out the possibility of an immediate crash In the market he said that the surge in the share market was quite logical as It happened earlier In stock markets in India and Malaysia I think the bull run will last longer than I had ex

pected earlier".

Some share market operators. however, said that the bourse went up beyond their expectations.

"Its a mad market, people should not rely on It. said Salehuddin Ahmed.

To keep the market stable, he said that the Investment Corporation of Bangladesh, the only government owned securl ties company, should release some of the shares while it is holding. Rezwan Bln Farouq. managing director of First Capital Securities Limited which has corporate membership in both the Dhaka and Chittagong Stock Exchanges said, "lot of people are coming with huge money and they are chasing for few shares creating heavy demand in the market".

Appreciating the prevailing economic situation for the development of the capital market in the country, he said free (low of currencies allowed in our country helps the investors to invest their money in any stock market.

The price-earning ratio is also favourable in our country than that of any other neighbouring stock markets. Rizwan said.

Although the market is speculative, there is little cnance for a major fall in market indicators In the immediate future, except for any natural disaster or political unrest, he added.