Dhaka, July 12 -- Stocks surged on Sunday, extending the winning streak for the fifth straight session, as the buoyant investors continued their buying spree at the lowest possible prices amid the floor price system.
DSEX, the key index of the Dhaka Stock Exchange, went up by 37.85 points or 0.93 per cent to settle at 4,099 during four hours trading.
On March 19, the stock market regulator set the floor price for all stocks based on the average prices of the previous five days to stop the free-fall of index due to Covid-19 pandemic.
Market operators said the securities regulator's hard stance on ensuring mandatory 2.0 per cent shareholding by each director of listed companies had a positive impact on the stock price.
The stock market re...