The stock market returned to the green Wednesday after previous session's marginal correction as investors took position on heavyweight stocks.
The market opened with a positive note which continued till the market closure. Eventually, the DSEX, the prime index of the Dhaka Stock Exchange (DSEX) ended at 4,389.35 points, gaining 26.56 points or 0.60 per cent.
The other two indices also ended in positive. The DS30, comprising blue chips gained 10.19 points or 0.63 per cent to close at 1,605.13 points. The DSES advanced 9.12 points or 0.92 per cent to close at 1,001.53 points.
Breaking five sessions' sluggish trend, investors' participation amplified and surpassed Tk 2.50 billion level. The total turnover on DSE stood at Tk 2.56 billion which was 32.7 per cent higher compared to previous session's value of Tk 1.93 billion.
"Riding on positive movement of large caps in food and allied, cement and engineering sectors, the market ended green," said IDLC Investments, in its regular market analysis.
Among the major sectors food and allied, cement and fuel and power registered sector return of 2.81 per cent, 2.47 per cent, and 1.13 per cent, respectively.
News on 95 per cent annual development Programmee (ADP) implementation in FY 2013-14, despite political setback put an upbeat stimulus amid investors, said the merchant bank.
"Expectation on upcoming earnings and corporate disclosures merged with the day's vibe," the merchant bank added.
Lankabangla Securities said: "Investors showed up with strong position from the beginning of the trading session mostly in fuel and power stocks".
