Dhaka stocks continued to break previous records on Monday amid a bull run of the market.
Market experts said stocks kept their record-breaking rally as investors are putting fresh bets on stocks anticipating positive momentum.
DSEX, the benchmark index of the DSE, went up 20.18 points or 0.29 per cent to settle at 6,862-the highest since its inception more than eight years back on January 27, 2013.
Two other indices -- the DSE 30 Index and the DSE Shariah Index (DSES) -- followed suit to close at new highs of 2,459 and 1,487, after gaining 8.05 points and 7.60 points respectively.
The market capitalisation of the prime bourse also hit a fresh all-time high at Tk 5,563 billion on Monday, surpassing the previous day's record high of Tk 5,544 billion.
Turnover, another important indicator of the market, stood at Tk 27.74 billion on the country's premier bourse, in a further buck by 2.51 per cent over the previous day's tally of Tk 27.06 billion.
The investors are more confident and buoyant due to the low interest rates on the money market.
The regulatory approval for the first board of the much-expected Capital Market Stabilisation Fund also encouraged investors, said a merchant banker.
"Investors prefer to put their funds in stocks instead of banks as banks are offering deposit rates below the inflation rate," he said.
He noted that the securities regulator's recent move to extend the credit facilities to the investors as per the existing margin-loan ratio until the key index remains below 8,000 points also encouraged the investors.
Extended credit facilities until 8,000 mark of DSEX kept investors buoyant on sector-wise selective issues while regulatory approval for the board of capital market stabilisation fund has boosted investors' confidence, commented EBL Securities.
The buoyant investors are putting fresh funds, particularly on power, insurance, banking, telecom and food-sector stocks, amid anticipation that the market would go up further and they could make good profits from the bullish market, said a stockbroker.
Power sector generated the highest return of 2.10 per cent, followed by life insurance with 1.90 per cent, general insurance 1.10 per cent, food 0.70 per cent, telecom 0.50 per cent and banking 0.40 per cent.
Financial institutions, cement, textile and engineering lost 1.10 per cent, 0.60 per cent, 0.50 per cent and 0.10 per cent respectively.
The losers, however, took a modest lead over the gainers, as out of 376 issues traded, 183 declined, 166 advanced and 27 remained unchanged on the DSE trading floor.
Beximco -- the flagship company of Beximco Group-topped the turnover list with shares worth Tk 1.30 billion changing hands, closely followed by Power Grid Company (Tk 1.03 billion), LafargeHolcim (Tk 617 million), IFIC Bank (Tk 525 million) and LankaBangla Finance (Tk 490 million).
Low-cap companies dominated the gainers' list with Padma Life Insurance being the day's top gainer, posting a 9.91 per cent rise, while Stylecraft was the worst loser, losing 5.78 per cent.
Chittagong Stock Exchange (CSE) also ended higher with the CSE All Share Price Index -- CASPI -- rising 75 points to settle at 19,996 and the Selective Categories Index -- CSCX -- gaining 46 points to close at 11,989.
Of the issues traded, 154 advanced, 146 declined and 30 remained unchanged on the CSE trading floor.
The port city's bourse traded 39.76 million shares and mutual-fund units with a turnover value of Tk 1.01 billion.
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