Stocks extended their gaining streak for the third consecutive session on Wednesday, with the benchmark index at the Dhaka Stock Exchange (DSE) posting a sharp rise.
The DSEX, the prime index of the DSE, advanced by 161 points, while all other indices also ended higher. The Shariah-based DSES gained 30 points and the blue-chip DS30 index rose by 54 points.
Market breadth remained strongly positive as 367 issues saw a rise in prices, while 15 decline and 11 remained unchanged.
Turnover at the DSE jumped by around Tk 400 crore to reach approximately Tk 1,000 crore, up from about Tk 600 crore in the previous session.
In the block market, shares worth Tk 38 crore from 38 companies were traded, with GQ Ball Pen Industries Ltd topping the list with transactions worth Tk 9 crore.
Among individual performers, Bangas Limited emerged as the top gainer with a 10% rise, while The Dacca Dyeing & Manufacturing Co Ltd was the worst loser, shedding over 1%.
Meanwhile, the Chittagong Stock Exchange (CSE) also witnessed a strong upward trend, with its benchmark CASPI index soaring by 328 points.
Gainers dominated the CSE as well, with 177 issues advancing against 19 decliners, while six remained unchanged.
Total turnover at the port city bourse rose to Tk 31 crore, up from Tk 26 crore in the previous session.
First Janata Bank Mutual Fund, Regent Textiles Mills Limited and Bangladesh National Insurance Company Limited topped the gainers’ chart with 10% increases, while Summit Power Limited ended as the worst performer, losing over 7%.