The benchmark DSE General Index Sunday crossed the 3200-mark for the first time amid a buying support.
The turnover, however, declined significantly.
The DSE General Index (DGEN) gained 39.90 points to close at 3207.89 from the previous high of 3167.99 reached Thursday last.
The two other barometers--All Shares Price Index and DSE-20 Index (DS20)--also gained 33.12 points and 61.77 points to end at 2,716.00 and 2,602.50 respectively.
All the issues of Beximco Group except Beximco Synthetics again shone on the day as the court has showed leniency against a case filed against Beximco's vice chairman.
BEXIMCO, Shinepukur Holdings Limited , Bextex, Beximco Pharma, BD Online and Beximco Fisheries rose by 13.13 per cent, 10.37 per cent, 10.00 per cent, 5.01 per cent, 5.16 per cent and 4.00 per cent respectively.
Beximco Pharma was the top turnover leader with shares worth Tk 176.18 million traded and AIMS First Mutual Fund the second top turnover leader with shares worth Tk 174.55 million changing hands.
Share prices of non-banking financial institutions, which saw abnormal rise for the last several days on speculation that their capital base was asked to be raised, fell on the day on profit taking.
Out of 72 Z-category issues, 53 gained, 15 declined and four remained unchanged.
All the mutual funds except AIMS First Mutual Fund, Grameen One and ICB First NRB rose on the day.
Dominated by gainers, the total turnover, however, declined to Tk 3.79 billion against the previous trading day's Tk 4.79 billion. Out of 237 issues traded, 147 advanced, 86 declined and four remained unchanged.
The total market capitalisation also increased to Tk 890.66 billion against Tk 881.94 billion.
'The market was in the positive territory as banking shares that saw abnormal rise for the second consecutive day continued to gain.
However, the market witnessed massive price correction Sunday due to profit taking,' said a stock-broker said.
A capital market analyst said, 'The index is not worrisome because the quality shares like banks are now increasing due to the shift of the investors' focus to banking shares from the junk shares, according to the market operators.
Moreover, some heavyweight companies like Square Pharma gained pushing the index up, he added.
