DSEX jumps 44 points in first hour as investors pick up battered shares
Bangladesh, Sept. 8 -- Stocks opened higher on Tuesday as bargain hunters returned to the market, picking up shares that had suffered sharp losses in recent sessions.
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The renewed buying interest came amid expectations that market regulators and the Dhaka Stock Exchange (DSE) would take steps to identify the reasons behind the recent market plunge and explore ways to restore stability.
The DSE is scheduled to sit with the top brokers on Tuesday to discuss the recent market downturn and possible measures to address the situation.
Market insiders said the significant correction in recent sessions had brought many stocks to attractive price levels, prompting investors to take fresh positions in selected sectors.
The benchma...
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