The market extended the bullish spell for the ninth session in a row Sunday with turnover remained persistent as investors' buying spree continued amid modest profit taking tendency.
The market opened with a flying mood and the upbeat trend continued throughout the session. At the end of the session, DSEX went up by 45.27 points or 0.90 per cent to close at 5,072.20 points, which is the highest level since its inception on January 28, 2013.
In the nine consecutive sessions, DSEX accumulated 362.29 points or 7.69 per cent gain.
The two other indices also ended higher. The DS30, comprising blue chips, soared 16.81 points or 0.86 per cent to close at 1,966.44 points. The DSE Shariah Index advanced 17.44 points or 1.47 per cent to close at 1,199.12 points.
The total turnover on DSE crossed Tk 11.0 billion-mark once again and amounted to Tk 11.01 billion, which is 0.2 per cent lower over the previous session's value of Tk 11.03 billion.
The investors remained focused on power, pharmaceuticals and engineering - the sectors accounted for 19 per cent, 17 per cent and 15 per cent respectively of the day's total turnover.
Single digit interests on deposits, favourable economic outlook and relatively calm in the political field are attracting investors to make fresh investments, said an analyst.
"While selling interest has tempted ahead of Durga Puja and Eid-ul-Azha vacation, stocks have moved mostly higher in early trading on Sunday," said LankaBangla Securities, in its daily market analysis.
Benchmark index has extended the record high to 5,072.20 points gaining 45.27 points after ending green straight in ninth sessions, it said.
"Despite the strength being shown in market, some large cap blue-chip stocks has shown modest move at the end of trading as investors lured to bag profit," said the stock broker.
IDLC Investments said: "Broad market index sustained over 5,000-points level and bull-run continued for the ninth consecutive session with strong turnover".
"Despite, profit taking was observed in the market, buyers out-numbered the sellers by the day end," said the merchant bank.
"The investors' were mostly attracted towards issues that prolonging their recent rally from telecommunication and pharmaceuticals sectors," said International Leasing Securities.
"The bull market remains alive and well and almost all the major stocks keep exceeding investor's expectations every day. Total turnover volume keeps making record highs each day, and the index refuses to take any respite from its continuous uptrend," said Zenith Investments.
"It seems that everyone has grown quite accustom to the investors pumping money into the capital market in hopes of receiving more returns," said the Zenith analysis.
All the major sectors posted decent gains except banks which retraced 1.02 per cent. Pharmaceuticals registered the highest gain of 4.23 per cent followed by power 1.99 per cent.
Food and allied and NBFIs sectors gained 0.47 per cent and 0.41 per cent respectively. Telecommunication went up marginal by 0.08 per cent.
Gainers outpaced losers as out of 302 issues traded, 168 advanced, 105 declined and 29 remained unchanged on the DSE floor.
MJL BD was remained the most favorite stock from the investors' part with shares worth Tk 541.45 million changing hands followed Square Pharma, Beximco Pharma, Delta Life Insurance and Beximco Limited.
Fu-Wang Food was also the day's highest gainer, posting a rise of 9.66 per cent while Mozaffar Hossain Spinning Mills was the day's worst loser, slumping by 19.34 per cent following its price adjustment after record date.
The port city bourse, Chittagong Stock Exchange (CSE) also closed higher with its Selective Categories Index - CSCX - gained 76.41 points to close at 9,515.46 points.
Gainers beat losers 113 to 99, with 23 issues remaining unchanged at the port city bourse that traded 17.85 million shares and mutual fund units, turnover value of Tk 713.86 million
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