Weekly Market review: Stocks back in black after correction
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Dhaka, Sept. 24 -- Stocks bounced back in the outgoing week, returning to uptrend after a single-week correction, with investors mostly focused on selective large-cap issues.
Of the five trading days this week, three sessions posted gains while two others suffered losses amid high volatility, as many investors were busy rebalancing their portfolios.
DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), settled the week 48.99 points or 0.75 per cent higher at 6,564, after losing 45 points in the previous week.
Market insiders said bargain hunters showed their interest in selective stocks throughout the week, taking the market turnover and index to a higher level.
The market movement was highly concentrated on some selective stoc...
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