Bourses resume upsurge

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Economic Reporter :
Stocks posted a marginal gain on Tuesday, after a single-day break, as investors showed their buying binge on selective multinational companies.
DSEX, the prime index of the Dhaka Stock Exchange, went up by 17.75 points or 0.39 per cent to settle at 4,510, after losing 35 points in the previous day.
Market analysts said a section of investors showed their appetite on selective multinational companies’ shares amid dividend expectation.
Two other indices also edged higher. The DS30 index, comprising blue chips, advanced 2.46 points to finish at 1,543 and the DSE Shariah Index gained 2.67 points to close at 1,034.
Turnover, another important indicator of the market, stood at Tk 4.67 billion, which was 15 per cent higher than the previous day’s turnover of Tk 4.04 billion.
Gainers took a modest lead over the losers, as out of 355 issues traded, 181 closed higher, 107 ended lower and 67 issues remained unchanged on the DSE trading floor. A total number of 138,717 trades were executed in the day’s trading session with trading volume of 152.83 million securities.
The market capitalisation of the DSE also rose to Tk 3,446 billion, from Tk 3,442 billion in the previous session. LafargeHolcim kept its dominance in the turnover chart with shares worth Tk 404 million changing hands, followed by Grameenphone, SS Steel, Paramount Textile and ADN Telecom.

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