Stocks close higher on Tuesday
Representational Photo: TBS
Withstanding the mid-day selloff, Dhaka stocks closed higher on Tuesday (9 May).
DSEX, the broad-based index of the Dhaka Stock Exchange (DSE), closed 0.19% higher at 7,273 which was nearly 10 points lower than the intraday peak of 7,282 and 12 points higher than the previous close.
Stockbrokers said, many stocks have been taking off from the floor prices and those were attracting buyers while there had been a general tendency to sell off some of the recently rallied stocks to buy oversold ones.
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Turnover in the premier bourse was Tk831 crore, which was Tk760 crore in the previous session.
87 scrips, mostly small and mid-cap ones advanced, and 57 declined.
