Bourses begin week in optimistic

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Economic Reporter :
Country’s premier bourse, Dhaka Stock Exchange (DSE) began week displaying optimistic note overcoming the bearish sessions of last few days.
The positive vibe was observed from the beginning of the session and the trend continued till the end, but demonstrated volatility during the whole session.
The opportunist investors, however, positioned taking on lucrative price level in different stocks, especially on telecom, fuel and power, food, pharma and textile sectors that pushed the bourse to end 15.1 points higher.
The broad index, DSEX closed at 4212.44 points on Sunday, first day of week, with a gain of 15 points or 0.35 percent.
Besides, two selective indices, Blue Chip index, DSE30 and Shariah index, DSES also went up by 9.32 points and 4.24 points to settle at 1415.70 points and 950.15 points respectively.
On the DSE trading floor, a total number of 90,436 trades were executed in today’s trading session with a trading volume of 91.82 million securities.
Bank, jute and IT sectors observed selling pressure. Activity from the participants dropped to around Taka 2.6 billion as the investors refrained themselves from putting fresh fund into the ongoing bearish trend of the market.
Gainers took a strong lead over losers as out of 354 issues traded, 179 securities gained price while 122 declined and 53 remained unchanged.
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