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Dhaka Stock Exchange recovers after initial drop in morning trade

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© Reuters.

DHAKA – The Dhaka Stock Exchange (DSE) saw a turnaround in fortunes during today’s morning trading session to 6,189.67, as the benchmark index DSEX, which initially faced a sharp decline, managed to recover ground. By mid-morning, the tide had turned with more shares gaining than declining, indicating a rebound from the earlier downturn to 6,255.71.

On Sunday, the DSE experienced a notable dip in its index, however, it was not a universal slump. Some companies’ shares bucked the trend, either holding steady or even increasing in value amidst the broader market fall.

Investors at the DSE today witnessed a volatile start, but the market’s resilience was on display as the session progressed. The recovery suggests a cautious optimism among traders, as the market responded positively after the initial drop.

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