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Stocks begin rising again | The Daily Star
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Stocks jump for cuts in bond, savings interest rates
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Stocks break 8-day gaining streak Star Business Report Star Business Report
Stocks dropped yesterday after rising for eight consecutive days thanks to a profit booking tendency among investors.
The DSEX, the benchmark index of Dhaka Stock Exchange (DSE), fell 10 points, or 0.18 per cent, to stand at 5,829.
As the market was on a rising trend the last couple of days, most stocks were up by at least 8 per cent to 15 per cent, so investors are taking in their profits now, said a stock broker.
This is a positive thing because when investors make profit, they get the confidence to invest more, he said, adding that the market s turnover was rising, which meant that investors participation was still strong.
Stocks break eight-day gaining streak
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DHAKA, May 3, 2021 (BSS) – Country’s both the bourses– Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)– today closed downbeat due mainly to price fall in large-cap securities.
The broad index, DSEX settled at 5,511.36 points with a loss of 5.66 points or 0.10 percent. Besides, two selective indices, Blue Chip index, DSE30 and Shariah index, DSES also went down by 7.27 points and 6.96 points to settle at 2,116.05 points and 1,248.16 points respectively.
On the DSE trading floor, a total number of 1,71,580 trades were executed in today’s trading session with a trading volume of 11,598.31 million securities.
DSE’s turnover, a crucial indicator of the market, stood at Taka 11,598.31 million which was Taka 14,069.64 million in the previous session.