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Stocks break eight-day gaining streak

Stocks break eight-day gaining streak
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Dhaka bourse s index crosses 5,800 points after four months

Turnover, an important indicator of the stock market, plunged 2.4 per cent to Tk 1,418 crore. Advent Pharmaceuticals topped the gainers list with a 10 per cent rise followed by Nurani Dyeing, Shurwid Industries, Tung Hai Knitting, and Index Agro. Beximco Ltd became the most traded stock with shares worth Tk 83 crore changing hands followed by Saif Powertec, Robi Axiata, Summit Power, and National Feed Mills. At the DSE, 231 stocks rose, 88 declined and 49 remained unchanged. Malek Spinning shed the most that dropped 4.3 per cent followed by Emerald Oil, eGeneration, Mercantile Insurance and Islami Insurance. The Chittagong Stock Exchange also rose yesterday. The CASPI, the general index of the port city bourse, surged 190 points or 1.14 per cent to stand at 16,849.

Stock index crosses 5,800 after 4 months

The benchmark index of Dhaka Stock Exchange (DSE) went past 5,800 yesterday after around four months thanks to increased participation of investors. The DSEX rose 62 points, or 1.08 per cent, to end the day at 5,813 points. The index has been rising for the last couple of days because of the higher participation of investors in a buoyant mood, according to market analysts.

Ongoing gaining streak, a happy ending for stock investors before Eid

In the last six days, the index rose 239 points, or 4.33 per cent. Turnover, an important indicator of the market, rose 3.56 per cent to Tk 1,453 crore. Kattali Textile topped the gainers list that rose 10 per cent, followed by ML Dyeing, Index Agro Industries, Crystal Insurance, and Western Marine Shipyard. Beximco Ltd became the most traded stock with shares worth Tk 104 crore changing hands followed by National Feed Mills, LankaBangla Finance, Robi Axiata, and SAIF Powertec. One Bank shed the most that eroded 5.4 per cent followed by Agrani Insurance, Prime Insurance, Asian Insurance and Rahima Food Corporation. Stay updated on the go with The Daily Star Android & iOS News App. Click here to download it for your device.

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