Stocks keep gaining amid rising turnover

Business Desk :
Stocks extended the gaining streak for the second straight session on Thursday as bargain hunters continued their buying spree on sector-wise issues amid optimism.
DSEX, the key index of the Dhaka Stock Exchange (DSE), went up by 24.77 points or 0.48 per cent to settle at 5,094.
Two other indices also ended higher. The DS30 index, comprising blue chips, advanced 8.05 points to finish at 1,775 and the DSE Shariah Index gained 5.92 points to close at 1,169.
Market operators said bargain hunters continued their buying appetite on sector specific issues amid growing confidence riding on regulatory moves and gradual improvement of economic activities.
The investors showed buying appetite riding on some of the positive macro-economic indicators despite Covid-19 pandemic, said a merchant banker.
He noted that the stock market regulator’s moves to restructure the boards of the listed companies which sponsor-directors fail to hold minimum 30 per cent shares jointly also attracted the investors.