Stocks rallied for the second consecutive session yesterday on buying spree mainly on.
The benchmark index DSEX rose over 36 points or 0.8% to 4,679.
The Shariah index DSES gained 10 points to 1,128. The blue chip comprising index DS30 was up 11 points to 1,775.
The Chittagong Stock Exchange Selective Category Index CSCX gained 50 points to 8,688.
Trading activities continued to remain buoyant as the DSE turnover stood at more than Tk655 crore, up more than 7.8% over the previous session.
Engineering, power and pharmaceuticals sector dominated the turnover chart, together contributing over more than 50% of the day’s total turnover. Financial Institutions, however, suffered the highest turnover losses of over 15%.
The market rose across the board as out of total 311 traded scrips, 209 advanced, 87 declined and 25 remained unchanged on DSE.
Almost all the sectors closed positive with cement, leading the way soaring 2.4%.
Food and allied came second rising 2%, followed by power 1.5% and non-banking financial institutions 1%.
Banks, engineering, pharmaceuticals and telecommunications gained below 1% each.
Sheltech Brokerage Firm said following last trading session, the prime index, DSEX, started with a positive pace and created day’s high at 4,683 by gaining 40 points within first hour amid extraordinary export growth driven by apparel products in the month of December ’15 and as a reflection of Bangladesh Bank’s relaxation of the policy about scheduled banks’ investment in the capital market to make it more vibrant.
The market faced profit taking at the end of 1st half though recovered at the end of the session despite the call of strike by Jamaat-e-Islami, it said.
United Power Generation and Distribution Company Ltd was the most traded share with a turnover worth Tk36.4 crore.
