Stocks extend upbeat

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Country’s both the bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) continued winning streak as optimistic investors maintained their buying appetite.
DSE extended gaining streak for the fourth consecutive session as enthusiastic investors continued their buoyancy on sector specific issues, especially low-cap stocks. Following the previous session, the market made a flying start, but risk-averse investors went for profit booking sell offs in the final hour which has eroded the early gain. The investors took position on small cap sectors like services and real estate, paper and printing, cement, ceramic, financial institution and life insurance sector stocks that pulled DSEX to remain in green.
The broad index, DSEX settled at 4917.25 points on Tuesday with a gain of 15.09 points or 0.30 percent.
Besides, two selective indices, Blue Chip index, DSE30 and Shariah index, DSES also went up by 4.11 points and 4.5 points to settle at 1694.39 points and 1119.09 points respectively.
Trading activities has increased by 16.7 percent over last session as the investors were taking positions while some others were rebalancing their portfolios based on the latest financial disclosures.
On the DSE trading floor, a total number of 187,143 trades were executed in Tuesday’s trading session with a trading volume of 324.13 million securities.

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