Stocks has expanded the gaining streak for the fourth straight week as investors injected fresh funds in the market amid growing confidence.
DSEX, the prime index of the Dhaka Stock Exchange (DSE) went up by 52 points to close at 6,560 in the last week.
The DSEX increased by 422 points in the past fourth consecutive weeks.
Analysts said the market witnessed a continuation of growth as investors regained their confidence to inject fresh funds in the market.
Besides, the capital market showed positive move as investors again were busy buying sector-wise securities, they said, adding that, the fuel price cut, stability in the foreign exchange market, rising private sector credit growth, coupled with the 'floor price' restriction, kept the market afloat.
The investors persisted in their buying binge ahead of the dividend season as they expect strong earnings for the companies whose financial year ended in June, they added.
Meanwhile, the DS30 Index, comprising blue-chip companies, increased by 71 points to settle at 2,376 and the DSES Index rose 32 points to close at 1,441.
The week's total turnover stood at Tk 90.12 billion on the prime bourse as against Tk 95.15 billion in the previous week.
The daily turnover averaged to stand at Tk 18.18 billion over the previous week's average of Tk 19.03 billion.
As out of 388 issues traded on Thursday, 72 closed higher, 188 lower and 119 issues remained
unchanged on the DSE floor.
On the other hand, the port city bourse, the Chittagong Stock Exchange (CSE) saw higher growth with its selective category index (CSCX) gaining 0.64 percent in the last week to close at 11,554 points.
The All-Share Price Index (CASPI) of the CSE was also higher by 0.62 percent to close at 19,276 points.
Of the 342 issues traded, 68 advanced, 236 declined and 38 remained unchanged on the CSE trading floor.
The port city's bourse traded 40.27 million shares and mutual fund units with turnover value of Tk 160 crore during the last week.
