Stocks extended the gaining streak for the third straight session on Sunday as some investors continued their buying appetite on sector-specific issues.
Meanwhile, the board of directors of prime bourse on Sunday withdrew the suspension of trading of shares of Khulna Power Company.
The DSE board lifted the suspension as its corporate sponsor director - Summit Corporation -- agreed to sell their remaining 15,904,435 shares (out of 18,064,235 shares as per declaration disseminated on November 04) in the block market instead of public market.
Dealers said the market edged up as political tension eased to some extent following the news that newly-formed political alliance Jatiya Oikyafront and BNP-led 20-party alliance finally agreed to take part in the upcoming national elections.
"Lucrative price levels coupled with positive support from state-run Investment Corporation of Bangladesh (ICB) also helped the market to edge higher," said a leading broker.
The market opened on positive note and the core index crossed the 5,300-mark. However, rest of the session eroded most of the early gain. Finally, DSE key index ended more than 19 points higher at closing.
DSEX, the prime index of the Dhaka Stock Exchange, went up by 19.86 points or 0.38 per cent to settle at 5,278.
According to LankaBangla Securities, the upward shift in the index is mainly driven by significant positive changes in most of the large-cap sectors.
The Chittagong Stock Exchange (CSE) also ended higher with its CSE All Share Price Index-CASPI-rising 85 points to settle at 16,186 and the Selective Categories Index - CSCX -advancing 50 points to finish at 9,804.
The gainers beat losers as 131 issues closed higher, 83 drifted lower, with 30 issues remaining unchanged on the CSE.
The port city bourse traded 6.67 million shares and mutual fund units worth Tk 199 million in turnover.
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