Dhaka, May 6 -- The key index of Dhaka Stock Exchange (DSE) has avoided a big dip, thanks to fundamental banks and mutual funds, which contributed heavily to trading.
The DSEX, the benchmark index, shed 12.94 points on Tuesday, closing at 4951 points. It had hit 4,964 points on Monday.
Trading began on a negative note on Tuesday morning, as the DSEX lost eight points inside the first hour. Trade volume then rose for banks and mutual funds as the key index recovered lost points.
As trading climbed in the country's premier bourse, the index neared 5,000 points around 11:45am, but the momentum was short-lived due to selling pressure. The market went into correction in the final hours of the day.
The turnovers slipped to Tk 5.49 billion, ...
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