Stocks open higher
BI Report || BusinessInsider
Photo: Business Insider
Dhaka (December 15, 2020): Dhaka stocks opened higher on Tuesday after extending the winning streak for the fourth session in row.
The benchmark DSEX index gained over 32 points or 0.63 percent at 5,179 while the DSES index was up over 11 points or 0.93 percent at 1,203 and blue-chip DS30 index added over 10 points or 0.59 percent at 1,823.
A host of factors such as macroeconomic data, stimulus packages, Covid-19 vaccine related news, coronavirus cases, and other cues, continued to set the market tone.
However, analysts suggested investors to take the cautious approach citing overbought conditions.