Dhaka, Bangladesh, July 4 -- Bangladesh's stocks posted a modest gain in the outgoing week with turnover hitting nine years high thanks to huge block transactions of GlaxoSmithKline Bangladesh shares.

Week-on-week, DSEX, the key index of the Dhaka Stock Exchange, went up by 17.45 points or 0.44 per cent to settle the week at 3,986.

The total turnover, a crucial indicator of the market, soared to BDT 33.34 billion on the country's premier bourse last week due to the acquisition of GSK Bangladesh by Unilever Overseas Holdings BV on the block market.

The daily turnover averaged BDT 8.33 billion, which was 1365 per cent higher than the previous week's average of BDT 568 million. Block trade contributed 91 per cent to the total weekly turno...