DSE turnover hits two-month low as investors turn cautious
Bangladesh, July 27 -- Turnover on the Dhaka Stock Exchange (DSE) tumbled to a two-month low on Sunday as investors refrained from making fresh investments amid energy-related concerns and heightened geopolitical tensions.
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Market turnover -- a key indicator of investor participation -- fell 17 per cent to Tk 7.80 billion from Tk 9.39 billion in the previous session, marking the lowest single-day turnover since May 24 this year.
The sharp decline suggests that investors are becoming increasingly cautious after the market's strong rally in recent weeks, said a leading broker.
The market remained volatile throughout the day, with investors active on both the buying and selling sides. However, late-hour corrections in severa...
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