Stocks extend winning streak

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Economic Reporter :
Stocks extended the gaining streak for five straight sessions on Sunday as investors continued their appetite on selective large-cap issues.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled at 4,758, advancing 27.37 points or 0.57 per cent. DSEX added 70 points in the past five consecutive sessions. Market analysts said investors showed their buying spree on sector specific larg-cap isues like BATBC, Square Pharma, Brac Bank, LafargeHolcim and ICB, taking the market in the green zone.
Two other indices, however, ended in the red. The DS30 index, comprising blue chips, fell 2.87 points to finish at 1,644 and the DSE Shariah Index shed 4.53 points to close at 1,077.
Turnover, a crucial indicator of the market, alsoe rose to Tk 5.21 billion, which was 21 per cent higher than the previous day’s turnover of Tk 4.30 billion.
Gainers took a modest lead over the losers as out of 353 issues traded, 166 closed higher, 150 ended lower and 37 remained unchanged on the DSE trading floor.
A total number of 144,316 trades were executed in the day’s trading session with trading volume of 242.70 million shares and mutual fund units.
The market-cap of the DSE rose slightly to Tk 3,569 billion on Sunday, from Tk 3,567 billion in the previous session.
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