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Bangladesh's stocks gain for third straight week
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Dhaka, Bangladesh, Aug. 10 -- Bangladesh's stocks extended gains for the third consecutive week that ended on Thursday, as investors preferred to buy shares amid post-Eid positive expectations.
Retail investors took fresh position on large-cap shares expecting high dividend while institutional investors continued to support the market, market operators said.
Week on week, the DSEX, the prime index of the Dhaka Stock Exchange (DSE), rose 31.68 points or 0.61 per cent to settle at 5,201.
The index gained even as shares of Grameenphone (GP), the largest market-cap company, fell sharply by 5.75 per cent or BDT 19.40 each to close at BDT 317.70 on Thursday due to price adjustment after record date.
The DSE Shariah Index also inched up by 0...
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