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Stocks managed to stay positive for the fifth straight session on Sunday, after choppy trading as investors were active on both sides of the trading floor.
A section of investors remained active on lucrative shares, while others opted to book short-term profits on trendy stocks.
Following the previous four days’ upbeat note, the market opened higher, and the key index soared more than 56 points within the first 30 minutes of trading. But the rest of the session went down steadily and lost almost all the initial gains.
The benchmark index of the Dhaka Stock Exchange (DSE) went up only 3 points to settle at 5,247. The DSEX recovered almost 175 points in the past five trading days.
The DS30 index, a group of 30 prominent companies, gained more than 2 points to 1,877, while the DSES index, which represents Shariah-based companies, saw a fractional gain of 0.60 points to 1,146.
Turnover, another important indicator of the market, advanced more than 7 per cent to Tk 4.86 billion, from Tk 4.53 billion the day before.
A majority of the stocks saw price surge, as out of the 398 issues traded, 232 closed lower, 111 higher and 55 remained unchanged on the DSE trading floor.
The Chittagong Stock Exchange (CSE) also ended higher, with its All Share Price Index (CASPI) gaining 35 points to 14,821 and the Selective Categories Index (CSCX) rising 22 points to 8,922.