DSEX, the prime index of the Dhaka Stock Exchange (DSE) hit a 41-month high and crossed the 6,100-point mark on Monday.
The DSEX increased 56 points or 0.92 percent to settle at 6,125, the highest level in about 41 months since 30 January 2018, when DSEX was 6,127.
The DSE 30 Index, comprising blue chips, went up by 13.59 points to settle at 2220.89 points and the DSE Shariah Index (DSES) increased 8.97 points to close at 1305.57 points on Monday.
Market analysts said the capital market showed an upward trend continuing as investors welcomed the floor price withdrawal decision.
The floor price interrupts the normal trading activities, they added.
The stocks witnessed continuous upward trend for the last several months on the back of positive macroeconomic indicators in the country like remittance, foreign reserve, and export growth coupled with better than expected earnings declarations, they added.
However, the market capitalization of the DSE also rose to an all-time high at Tk 5,130 billion on the day. It was the previous high of Tk 5,099 billion recorded on June 10.
The DSE’s turnover jumped to Tk 20.43 billion, up 11 percent over the previous day’s Tk 18.35 billion.
Gainers took a strong lead over the losers, as out of 372 issues traded, 224 advanced, 119 declined, 29 remained unchanged on the DSE trading floor.
Beximco secured the top position on the turnover chart with shares worth Tk 1.12 billion changing hands.
It was followed by Malek Spinning (Tk 638 million), National Feed Mills (Tk 607 million), Makson Spinning (Tk 574 million) and Fortune Shoes (Tk 505 million).
Alif Industries was the day’s top gainer, posting a 9.91 percent gain, while Sea Pearl Beach was the worst loser for the two consecutive days, losing further by 9.89 percent.
On the other hand, the port city bourse, the Chattogram Stock Exchange (CSE) also saw a positive trend with its selective category index (CSCX) gaining 106 points to close at 10,689 points on the day.
The All-Share Price Index (CASPI) of the CSE increased by 178 points to close at 17,762 points.
Of the 309 issues traded on the CSE floor, 195 advanced, 96 declined and 18 remained unchanged on the CSE.
The port city's bourse traded 2.95 crore shares and mutual fund units with turnover value of Tk 79.40 crore.
