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The prime index of the major bourse exceeded the 5,800-mark after nine months as enthusiastic investors showed their buying spree on sector-wise issues.
Market analysts said stocks maintained its post-election rally amid spontaneous participation backed by hopes and excitements, taking the core index above 5,800-mark again.
Following the previous session’s flat movement, 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 5,860, gaining 62.91 points or 1.08 per cent over the previous session.
The two other indices also followed the suit. The DS30 index, comprising blue chips, went up by 18.68 points to close at 2,030 and the DSE Shariah Index (DSES) advanced 11.21 points to close at 1,329.
Bullish sentiment also reflected on the trading activities as total turnover stood at Tk 9.74 billion, which was 8.58 per cent higher than the previous day’s Tk 8.97 billion.
A total number of 208,927 trades were executed in the day’s trading session with trading volume of 247.23 million shares and mutual fund units.
The market-cap of DSE increased to Tk 4,137 billion which was Tk 4,105 billion in the previous day.
The gainers took a strong lead over the losers as out of 344 issues traded, 228 advanced, 76 declined and 40 issues remained unchanged on the DSE floor.
BBS Cables dominated the turnover chart with 3.82 million shares worth Tk 427 million changing hands, followed by Khulna Power Company, Olympic Industries, CVO Petrochemicals Refinery and Dhaka Bank.
Low-cap companies continued to dominate the gainers chart with Savar Refractories was the day’s best performer, posting a gain of 9.95 per cent.
Port city bourse Chittagong Stock Exchange (CSE) ended higher with the CSE All Share Price Index – CASPI – rising 179 points to settle at 17,945 points and Selective Categories Index – CSCX –advancing 109 points to finish at 10,836.
The gainers beat the losers as 179 issues closed higher, 70 ended lower and 25 remained unchanged.
The port city bourse traded 18.08 million shares and mutual fund units worth Tk 652 million in turnover.