Stocks witnessed yet another upbeat session on Sunday with core index of the prime bourse exceeding the 'psychological' threshold of 5,500-mark.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), settled at more than one month high at 5,522, soaring 80.24 points or 1.47 per cent.
The broad index witnessed booming trend from the very beginning of the day and eventually reached its peak one hour before closing higher.
"Investors' enthusiasm sustained as local and foreign investors remained active on the market amid positive expectations," said a leading broker.
Two other indices of the DSE also ended higher. The DS30 index, comprising blue chips, rose 28.61 points to finish at 2,010 and the DSE Shariah index soared 15 points to close at 1,278.
"This bullish trend in the market is mainly driven by significant positive movement in the financial and telecommunication stocks," commented LankaBangla Securities, in an analysis.
The banking sector was the highest gainer, advancing 2.22 per cent, followed by telecommunication with 1.27 per cent return.
Turnover, another important indicator of the market, however fell to Tk 7.11 billion, which was 17 per cent lower than the previous session's seven-month highest of Tk 8.58 billion.
"Investors' sentiment to the market remained positive as they were taking fresh position on stocks amid positive expectation in year-end earnings and dividend declaration," commented EBL Securities.
According to International Leasing Securities, the positive vibe in the morning continued till the closure without any reversal riding on new hopes.
The stockbroker noted that enthusiastic investors persisted their buying interest in the large-cap stocks, particularly bank, engineering and telecom sectors, contributing to sharp rise in the indices.
Food & allied sector showed the highest negative movement with 0.40 per cent loss.
Of the traded issues, 193 closed higher, 100 closed lower and 47 remained unchanged on the DSE trading floor.
United Power was the most traded stocks on the DSE turnover chart with shares worth Tk 247 million changing hands, closely followed by IFAD Autos, Paramount Textile, Grameenphone and Alif Industries.
LankaBangla Finance was the day's best performer, posting a gain of 9.98 per cent while the Atlas Bangladesh was the worst loser, losing 9.23 per cent.
The port city's bourse, CSE, also ended higher with its CSE All Share Price Index - CASPI- gaining 196 points to settle at 16,982.
CSCX, the Selective Categories Index of the CSE, also rose 116 points to finish at 10,272.
The gainers beat the losers as 139 issues closed higher, 80 ended lower and 32 issues remained unchanged on the CSE.
The port city's bourse traded 14.31 million shares and mutual fund units worth more than Tk 563 million in turnover.
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