Dhaka stocks seen steady in absence of big players .
DHAKA 1996-08-31
Shares on the Dhaka Stock Exchange ( DSE ) may remain steady as small investors are expected to target mainly blue chips while overseas investors will prefer to keep to the sidelines when the market reopens after Moslem Friday weekend , brokers said .
" The market is expected to remain steady .
There will be both buying and selling pressure , " said broker Shakil Rizvi .
Broker Khurshid Alam said : " The market sentiment will remain strong .
But the prices may move in a close range following a continued market uptrend . "
Brokers said blue chips like IDLC , Bangladesh Lamps , Chittagong Cement and Atlas Bangladesh were expected to rise .
They said there was still demand for blue chips in engineering sector despite their persistent rise over the past several sessions .
The DSE all share price index closed 2.73 points or 0.22 percent up at 1,196.35 on a turnover of 133.7 million taka on Thursday .
-- Dhaka Newsroom 880-2-506363