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Stocks return to the black Star Business Report Star Business Report The stock market bounced back yesterday as investors came out from the profit booking tendency that prevailed for the last two days. The DSEX, the benchmark index of the Dhaka Stock Exchange, rose eight points, or 0.14 per cent to 6,022. Turnover, an important indicator of the stock market, rose 16 per cent to Tk 2,032 crore. Stock investors are pouring money into stocks which fell in the last two days, said a merchant banker. This is a good sign for the market, he said, adding that the environment becomes vibrant when people invest in a falling market. ....
Stocks bounce back | The Daily Star thedailystar.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thedailystar.net Daily Mail and Mail on Sunday newspapers.
Stock market newcomers lose the most Star Business Report Star Business Report Newly listed companies suffered the biggest hits in the stock market yesterday as most had become overvalued in recent times. Five such firms ended up in the top losers list. Meanwhile, Mir Akhter Hossain exhibited a break from norms and continued to be traded on in the second day past its appearance. Normally, a new company remains in limbo on the first few days upon arrival due to a lack of sellers in the midst of a huge number of buyers. The overvaluation should not have occurred, said a top official of a merchant bank. ....