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Stocks continue gaining

Star Business Report
Increased trading activities pushed the Dhaka market up for the fourth day, with all the key indices finished positive.
the total turnover of Tk 711.22 crore marked a 45.7 percent rise yesterday, compared to the previous day's turnover.
"The jump in turnover meant that investors were very active in trading and they were switching from one stock to another," said Fazlur Rahman, head of Investment Banking Division of z\B Bank.
He said investors' active participation is a good sign for a healthy and vibrant market.
The benchmark index of Dhaka Stock Exchange, DSE General Index, rose bv 11.84 points, or 0.38 percent to 3,086.9.
The market reached a peak of 3,095 points in the first 30 minutes of trading.
Then it remained relatively stable around that mark for the next 120 minutes. before dropping about seven points towards the end of the session.
The broader DSE All Share Price Index gained 11.06 points, or 0.42 points to 2,594.41.
Most non banking financial institutions and mutual funds gained, while most banks lost.
Pharmaceuticals, Insurance, cement and tannery sectors finished positive. Fuel and power sector however lost.
Advancers beat losers 160 to 79. A total of 4,21,70,817 shares and mutual fund units were traded on the premier bourse.
Summit Alliance Port topped the turnover leaders with 1,24,250 units worth Tk 28.04 crore being traded on the DSE.
Renwick Jajneswar, which increased
by 13.69 percent, was the largest gainer. Monno Jute Startlers, which declined by 3.77 percent, was thebiggest loser.
Chittagong stocks also marked a rise. The CSE Selective Categories Index gained 40.67 points, or 0.6 percent to 6,780. The CSE All Share Price Index Increased by 27.25 points, or 0.25 percent to 10,657.37.
A total of 62,18,190 shares and mutual fund units worthTk 66.28 crore changed hands on the Chittagong Stock Exchange. Of the traded securities, 106 advanced, 66 declined and three remained unchanged.
The biggest gainer Samata Leather Complex advanced by 16.50 percent. Aramit was the largest loser that declined by 9.16 percent,
Marlco Bangladesh topped the turnover leaders with 88,000 shares worth Tk 3.48 crore being traded on the port city bourse.