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The prime index of the major bourse exceeded the 5,900-mark after 11 months as enthusiastic investors showed their buying spree, particularly on bank issues.
Market analysts said stocks maintained its rally amid spontaneous participation backed by hopes and excitements, taking the core index above 5,900-mark again.
Following the previous session’s marginal gain, the market started on upward note and the upturn sustained till end of the session with no sign of reversal.
At the end of the session, DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled at 5,925, gaining 59.78 points or 1.02 per cent over the previous session. It was the highest level of DSEX since February 19, 2018.
The two other indices also followed the suit. The DS30 index, comprising blue chips, went up by 16.92 points to close at 2,043 and the DSE Shariah Index (DSES) advanced 2.43 points to close at 1,321.
Bullish sentiment also reflected on the trading activities as total turnover stood at Tk 10.45 billion, which was 17 per cent higher than the previous day’s Tk 8.90 billion.
A total number of 209,088 trades were executed in the day’s trading session with trading volume of 336.05 million shares and mutual fund units.
The market-cap of DSE increased to Tk 4,185 billion which was Tk 4,158 billion in the previous day.
The gainers took a modest lead over the losers as out of 346 issues traded, 165 advanced, 150 declined and 31 issues remained unchanged on the DSE floor.
Premier Bank dominated the turnover chart for the second day in a row with 26.10 million shares worth Tk 446 million changing hands, closely followed by United Power, IFIC Bank, City Bank and Legacy Footwear.
Low-cap companies continued to dominate the gainers chart with United Finance was the day’s best performer, posting a gain of 10 per cent while Daffodil Computers was the worst loser, losing 7.05 per cent.
Port city bourse--Chittagong Stock Exchange (CSE)--ended higher with the CSE All Share Price Index – CASPI – rising 204 points to settle at 18,212 points and Selective Categories Index – CSCX –soaring 125 points to finish at 11,004.
The losers, however, beat the gainers as 126 issues closed lower, 124 higher and 17 remained unchanged.
The port city bourse traded 19.40 million shares and mutual fund units worth Tk 478 million in turnover.