Stocks extended winning streak for the third straight session Tuesday thanks to increased participation of investors in trading.
The market opened on a mixed trend, but active presence of the bargain hunters, particularly on telecom, textile, financial institution and general insurance sectors helped the index close higher.
DSEX, the benchmark index of the DSE, went up 22.26 points or 0.32 per cent to settle at 6,884-the highest since its inception.
Two other indices--the DSE 30 Index and the DSE Shariah Index (DSES) -- followed suit to close at new highs of 2,463 and 1,494, after gaining 3.61 points and 7.16 points respectively.
The market capitalisation of the prime bourse also hit a fresh all-time high at Tk 5,587 billion on Tuesday, surpassing the previous day's record high of Tk 5,563 billion.
Turnover, another important indicator of the market, stood at Tk 27.62 billion on the country's premier bourse.
It is almost same over the previous day's tally of Tk 27.74 billion.
Market analysts said stocks kept record-breaking rally as investors are putting fresh bets on stocks anticipating positive momentum.
As the market indices climbed a record high every day, more and more investors joined the rally with an expectation of better returns from the bullish market, said a merchant banker.
He noted that the institutional investors preferred buying stocks as they hope that the index may rise further this year.
The buoyant investors are putting fresh funds, particularly on telecom, textile, financial institution and general insurance sectors, he said.
Among the major sectors, telecom generated the highest return of 1.50 per cent, followed by financial institutions with 1.48 per cent, textile 1.47 per cent, general insurance 0.70 per cent and pharma 0.50 per cent.
Cement and banking sectors lost 0.40 per cent and 0.30 per cent respectively.
Gainers took a strong lead over the losers, as out of 376 issues traded, 213 advanced, 131 declined and 32 remained unchanged on the DSE trading floor.
Beximco - the flagship company of Beximco Group-topped the turnover list with shares worth Tk 1.87 billion changing hands, followed by Beximco Pharma (Tk 953 million), Power Grid Company (Tk 614 million), LankaBangla Finance (Tk 575 million) and Genex Infosys (Tk 490 million).
United Finance was the day's top gainer, posting a 10 per cent rise, while Aziz Pipes was the worst loser, losing 4.19 per cent.
The Chittagong Stock Exchange (CSE) also ended higher with the CSE All Share Price Index (CASPI) gaining 68 points to settle at a record high at 20,065 while the Selective Categories Index - CSCX rising 40 points to close at new high at 12,029.
The market-cap of the CSE also hit a fresh all-time high at Tk 4,811 billion on Tuesday, surpassing the previous day's record high of Tk 4,787 billion.
Of the issues traded, 184 advanced, 116 declined and 25 remained unchanged on the CSE trading floor.
The port city's bourse traded 43.01 million shares and mutual fund-units with turnover value of Tk 1.18 billion.
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