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Bangladesh stocks keep gaining riding on GP shares
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Dhaka, Bangladesh, Aug. 20 -- Bangladesh's stocks extended the gaining spell for the third straight session on Monday as investors showed their buying appetite on Grameenphone (GP) shares.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled at 5,227, gaining 10.72 points or 0.20 per cent over the previous session.
The market kept gaining as investors are taking fresh position in fundamentally strong issues like GP, according to market operators.
GP, the largest market-cap listed company's share price surged 2.17 per cent to close at BDT 323.90 each on Monday.
GP, which accounted for more than 14 per cent market-cap of DSE, largely contributed to the index gain as GP alone added 14.81 points to the DSEX, they added.
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