Weekly Review: Stocks snap two-week losing streak
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Dhaka, Bangladesh, Dec. 1 -- Bangladesh's stocks posted a marginal gain in the outgoing week that ended on Thursday, snapping a two-week losing streak, as opportunist investors showed their appetite on financial issues.
Week-on-week, DSEX, the prime index of the Dhaka Stock Exchange, went up by 24.77 points or 0.53 per cent to settle at 4,731, after losing 65 points in the past two straight week.
Investors showed their buying spree on cement, financial institutions issues and bank issues, as their shares became lucrative following the recent sharp correction, according to market operators.
The cement sector posted the highest gain of 9.58 per cent riding on sector heavyweight LafargeHolcim, followed by non-bank financial institutions w...
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