Stocks kept the gaining momentum for the fourth straight sessions on Tuesday as the bargain hunters continued their appetite on selective issues amid gradual improvement of economic activities.
DSEX, the key index of the Dhaka Stock Exchange, went up by 11.16 points or 0.26 per cent to settle at 4,156 during the four hours trading.
The core index added nearly 80 points in the four consecutive sessions.
The market has been buoyant for the last few days with higher turnover.
Market analysts said gradual reopening of the economy and no major spike in daily Covid-19 infected cases led investors to take position in sector-wise stocks.
The securities regulator's hard stance on ensuring mandatory 2.0 per cent shareholding by each director of listed companies had a positive impact on the stock prices, he said.
The buying appetite continued as the central bank will unveil the monetary policy statement today (Wednesday) for the FY 2020-21, aiming to help revamp the economic activities, particularly private sector credit growth and the country's ailing capital market, commented International Leasing Securities.
The stockbroker noted that some others were reshuffling their portfolios based on the latest quarterly earnings disclosures and to book dividend income.
The investors booked some quick gain on telecom, food, pharma and banking sectors and took position on insurance, IT, paper and financial institution sector stocks.
The DS30 index, comprising blue chips, also advanced 1.66 points to finish at 1,402. However, the DSE Shariah Index fell 2.08 points to close at 963.
Turnover, another important indicator of the market, stood at Tk 4.45 billion on the country's prime bourse, which was 1.83 per cent higher than the previous day's turnover of Tk 4.37 billion.
Most of the shares remained stuck at the trading. Of the issues traded, 178 remained unchanged while 115 issues advanced and 57 declined on the DSE floor.
A total number of 99,590 trades were executed in the day's trading session with a trading volume of 129.40 million shares and mutual fund units.
The market-cap on the premier bourse also rose to Tk 3,227 billion on Tuesday, from Tk 3,220 billion in the previous session.
Beximco Pharma topped the turnover chart with shares worth Tk 135 million changing hands, closely followed by BATBC, Pioneer Insurance, Fine Foods and Beximco.
Paramount Insurance was the day's best performer, posting a gain of 9.96 per cent while Dacca Dyeing was the worst loser, losing 4.87 per cent.
The Chittagong Stock Exchange also ended higher with its All Shares Price Index (CASPI)-gaining 38 points to close at 11,834 and the Selective Categories Index - CSCX -advancing 23 points to finish at 7,175.
Of the issues traded, 79 gained, 54 declined and 96 remained unchanged on the CSE.
The port city bourse traded 3.18 million shares and mutual fund units with turnover value of Tk 72 million.
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