Stocks market begin on positive note after Eid holidays

Business Desk:

The country’s stock markets on Sunday closed higher on the first trading day on Sunday after a 10-day Eid-ul-Azha break, driven by investor interest in selective large-cap scrips.

The benchmark DSEX index gained 14.91 points to close at 4,724, compared with 4,709 points at the last trading session on June 4.

Market analysts observed that although the market opened on a slightly pessimistic note, it quickly rebounded to positive territory and sustained buyer dominance throughout the session.
Moreover, some easing of uncertainties on the political front regarding the next parliamentary election also somewhat contributed to the market’s upbeat vibe, they mentioned.

Turnovers rose modestly to Tk 2.63 billion, up from Tk 2.24 billion in the previous session.