The benchmark DSEX index of the Dhaka Stock Exchange (DSE) rebounded on Tuesday, supported by selective bargain hunting from a segment of investors following the two consecutive sessions of losing streak.
DSEX, the broad index of the DSE, advanced by 36.2 points and settled at 4,951 points as against 4,915 points in the previous trading session.
Despite beginning the session on a modest buying pressure, selling pressure gained momentum afterwards and dragged the benchmark index into negative territory by mid-session.
However, renewed buying pressure emerged thereafter and sustained its dominance across the trading floor till the closing bell, pulling the benchmark index to settle into the positive territory.
Market liquidity continued to remain tightened as average market turnover declined by 8.9% to Taka 3.8 billion as against Taka 4.2 billion in the previous session. Out of the 397 issues traded, 283 advanced, 54 declined and 60 remained unchanged.
The port city bourse, CSE, however witnessed a negative session today. The selected indices (CSCX) and All Share Price Index (CASPI) edged down by 0.9 points and 1.9 points, respectively. "BSS
