Stocks keep gaining amid eased virus worries

Stocks extended the winning streak for the third straight week as investors' buying appetite continued on sector-wise issues based on the quarterly earnings and year-end dividend declarations.
The week saw usual five trading sessions. Of them three sessions closed higher while two faced profit booking corrections.
Week-on-week, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 44.58 points or 0.82 per cent to settle at 5,479. DSEX added about 225 points in the three consecutive weeks.
Two other indices also kept rising with the DSE30 Index, comprising blue chips, rose 23.36 points to finish at 2,110 and the DSE Shariah Index (DSES) advanced 12.43 points to close at 1,249.
The week's total turnover on the prime bourse jumped to Tk 53.22 billion which was Tk 42.60 billion in the week before.
The daily turnover averaged out at Tk 10.64 billion, which was 25 per cent higher than the previous week's average of Tk 8.52 billion.
The Chittagong Stock Exchange (CSE) also kept gaining streak with the CSE All Share Price Index - CASPI -gaining 121 points to settle at 15,844 and the Selective Categories Index - CSCX rising 75 points to close at 9,560.
Of the issues traded, 143 advanced, 125 declined and 46 remained unchanged on the CSE trading floor.
The port city's bourse traded 59.59 million shares and mutual fund units with turnover value of Tk 2.73 billion.

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