After the DSE Index bleeding for 20 day period traders with free cash capital are now choosing stocks that suffered most during the downtrend session. Since the highly promising announcement of a 2% downside circuit breaker market momentum reversed. On Wednesday 9th March market experienced a 2.41% increase in the main index of the Dhaka Stock Exchange. DSE Share price index edged 28 points on Thursday. It was still bullish on Thursday but not much compared to Wednesday’s market.
Market Situation Summary
Editor’s Advice –
“Don’t invest your cash without clear reasons.”
Prediction for next week –
“There is a high possibility for the upcoming week (13th March to 17th March) Textile, Pharma & IT sector stocks will keep strong momentum.
Source:dsebd.org Data: dsestocks.com
Disclaimer: This article is just for educational purposes. It’s not intended to encourage anyone to buy or sell any particular stock.
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