Business Desk :
Stocks extended their winning streak Thursday, with the key index of the prime bourse crossing the 6500-mark, as the buoyant investors continued their buying binge on major sector shares amid high expectations.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 51.39 points or 0.79 per cent to finish at 6,508, the highest in three and a half months since May 12.
The DSEX added about 228 points in the past six trading days.
Two other indices also ended higher. The DS30 index, comprising blue chips, jumped 22.60 points to finish at 2,305 and the DSE Shariah index rose 10.52 points to close at 1,409.
Turnover, a crucial indicator of the market, remained high and stood at Tk 18.89 billion on the country’s premier bourse, which was 5.78 per cent lower over previous day’s mark of Tk 20.05 billion.
Market operators said the market remained bullish amidst enthusiastic participation as the investors are more confident to put fresh bets on major sector stocks anticipating positive momentum ahead.
The stability in the foreign exchange rates, rising private sector credit growth, fuel price reduction coupled with the floor price restriction, kept the market afloat, said a merchant banker.
Gainers took a modest lead over the losers as out of 381 issues traded, 172 advanced, 131 declined and 78 issues remained unchanged on the DSE trading floor.
Beximco became the most-traded stock with shares worth Tk 1.24 billion changing hands. The Chittagong Stock Exchange (CSE) also ended higher with the CSE All Share Price Index (CASPI) gaining 150 points to settle at 19,156 and its Selective Categories Index (CSCX) rising 91 points to close at 11,480.
Of the issues traded, 150 advanced, 106 declined and 55 issues remained unchanged.
The port-city bourse traded 21.19 million shares and mutual fund units with turnover value of Tk 656 million.
