Snapping a four-week losing streak, the benchmark equities index posted a marginal gain in the outgoing week, as bargain hunters snapped up beaten-down stocks taking advantage of the recent price erosion.FEMarket operators said smart investors showed their buying interest in some selective stocks in anticipation of quick gains.Of the five trading days of the week, two sessions posted gains while three others saw moderate correction.DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), settled the week at 6,213.74, with a rise of 8.63 points, after shedding 91 points in the past four straight weeks.The upward shift in the index is mainly driven by the price surge in selective stocks, particularly insurance stocks buoyed by the National Insurance Day-2023 observed on Wednesday.According to the insurance regulator, despite a tough year, most insurers managed to post revenue growth in 2022. As a result, the insurance stocks performed well, as five weekly gainers, out of top 10, were from the insurance sector.The stock market tried to bounce back during the week riding on the regulatory assurance that floor prices would not be lifted until the secondary market gets due momentum, commented International Leasing Securities.Moreover, the regulator re-introduced the floor prices on 169 stocks despite criticism from institutional investors and foreign investors. The prime bourse ended on a flat note after snapping a four-week losing streak as investors deemed some selective issues lucrative following the recent correction in the market, said EBL Securities.However, the market experienced a slightly topsy-turvy week as investors still preferred short-term gains and concentrated their buying interest on selective issues, said the stockbroker.The investors showed buoyancy in the stocks having lucrative prices following the massive price erosion in the recent weeks.The participation in the market also gained upward momentum as total turnover in the week rose to Tk 17.94 billion, up from Tk 10.93 billion in the last week which saw four trading days instead of regular five because of a public holiday.The average daily turnover stood at Tk 2.73 billion, a 31 per cent increase from the previous week s average turnover of Tk 2.73 billion.Investors were mostly active in the IT sector, capturing 20.5 per cent of the week s total turnover, followed by life insurance (10.3 per cent), pharmaceuticals (9.5 per cent).Buyers had been concentrated on selective stocks while the majority of stocks remained stuck at the floor price level. Of 372 issues traded, 205 remained unchanged, 111 declined while 56 advanced on the DSE floor.Genex Infosys became the weekly turnover leader, with shares of Tk 1.13 billion changing hands, followed by Bangladesh Shipping Corporation (Tk 980 million), ADN Telecom (Tk 922 million), Sea Pearl Beach Resorts (Tk 866 million) and Shinepukur Ceramics (Tk 88 million).Bangladesh General Insurance Company was the week s top gainer, posting a 22.6 per cent rise while Islami Commercial Insurance was the top loser, falling 10.92 per cent.The DSES Index, which represents Shariah-based companies, also gained 1.43 points to 1,357. However, the DS30 Index, which consists of blue-chip companies, dropped 5.05 points to 2,216.However, the Chittagong Stock Exchange (CSE) ended lower with its All Share Price Index (CASPI) shedding 52 points to settle at 18,282 and the Selective Categories Index (CSCX) losing 29 to close at 10,961.The port city s bourse traded 6.21 million shares and mutual fund units with turnover value of Tk 433 million during the week.