Bangladesh's stocks snap five-day winning streak
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Dhaka, Bangladesh, Dec. 3 -- Bangladesh's stocks slipped into the red on Monday, snapping a five-day winning streak, as risk-averse investors went on selling binge on sector-wise issues.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 24.21 points or 0.50 per cent to close at 4,734, after adding 70 points in the five consecutive sessions.
Five large-cap stocks - Square Pharma, LafargeHolcim, United Power, Meghna Petroleum and Olympic Industries- contributed 19 points fall of DSEX, according to the market operators.
The market opened higher and the key index soared 38 points within first hour of trading. But investors' optimism failed to sustain as shaky investors engaged in booking quick-profit on sector specific ...
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