Dhaka stocks continued to break their previous records with all three indices and market-cap surged to new highs in the outgoing week amid increased participation of investors.
The week featured four trading days as the market remained closed on Sunday in line with banks. Of them, three sessions closed higher while one saw marginal correction.
Week-on-week, DSEX, the prime index of the Dhaka Stock Exchange (DSE), soared 103 points or 1.57 per cent to settle the week at 6,699.39 - the highest since its inception more than eight years back on January 27, 2013.
Along with the core index, two other indices--the DSE 30 Index and the DSE Shariah Index (DSES) -- followed the suit to close at their historical highs of 2,427 and 1,459, after rising 41.68 points and 19.79 points respectively.
The DSE launched the DS30 Index on January 27, 2013 with a base point of 1,460.30 while DSES was introduced on January 20, 2014 with a base point of 941.27.
The market capitalisation of the prime bourse also hit a fresh all-time high at Tk 5,478 billion on Thursday, surpassing the previous high of Tk 5,455 billion recorded just three days back.
The week's total turnover on the DSE stood at Tk 106.54 billion which was Tk 70.14 billion in the week before as last week saw four trading days against previous week's three.
The daily average turnover climbed to Tk 26.63 billion on the country's premier bourse, in a further buck by 14 per cent over previous week's average of Tk 23.38 billion.
It happens to be the biggest daily average turnover on the prime bourse in a decade since the country's stock market had developed bubbles that soon burst.
Market analysts said the buoyant investors are putting fresh funds on stocks anticipating positive momentum ahead as the government reopens all the sectors.
The reopening of export-oriented and other industries continued to prompt investors to put fresh bets on stocks as they hope the economy would return to normalcy, they said.
The Chittagong Stock Exchange (CSE) also ended higher with the CSE All Share Price Index - CASPI -soaring 327 points to settle at 19,515 and the Selective Categories Index - CSCX rising 189 points to close at 11,702.
Of the issues traded, 172 advanced, 158 declined and 10 remained unchanged on the CSE trading floor.
The port city's bourse traded 187.04 million shares and mutual fund units with turnover value of Tk 4.08 billion.
A new issue -- South Bangla Agriculture & Commerce Bank-- made trading debut on Wednesday and its share price jumped 21 per cent - the highest allowable limit-in two trading days to close at Tk 12.10 on Thursday.
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