Stocks witnessed a rapid growth in the last week to hit about three-month high as investors were busy to buy sector-wise securities.
Market analysts said investors has rebuilt their confidence on the market as many companies showed corporate earnings more in the third quarter.
The regulator, the Bangladesh Securities and Exchange Commission (BSEC), has relaxed the recent margin loan to put some buy pressure on selective stocks, they added. Many companies disclosed higher quarterly earnings and declared year-end dividends during the week, which pushed the market high, they mentioned.
DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 45.41 points to close the week at 6,274.04, the highest since February 9 this year.
On Thursday, the market saw a record single-day turnover, which hit a six-month high.
However, the DS30 Index, comprising blue-chip companies, increased by 5.72 points to 2,208 and the DSES Index, Shariah-based companies, rose by 13.50 points to 1,362. The average daily turnover increased by around 52 percent to Tk 7.50 billion from the previous week's average turnover of Tk 4.92 billion. Of the 384 issues traded on the DSE floor, 113 advanced, 33 declined and 238 remained unchanged.
Unique Hotel and Resorts became the weekly turnover leader, with shares of Tk 2.08 billion changing hands. It was followed by Eastern Housing (Tk 1.48 billion), Genex Infosys (Tk 1.34 billion), Sea Pearl Beach Resorts (Tk 1.19 billion) and Olympic Industries (Tk 1.12 billion).
Apex Foods was the week's top gainer, posting a 39.79 percent rise while Uttara Bank was the top loser, falling 12 percent. Meanwhile, the All-Share Price Index of the CSE was higher by 113 points during the time to close at 18,466 points on Thursday.
The CSE's Selective Categories Index (CSCX) gained by 65 points to close the week at 11,064.
Of the 248 issues traded, 31 declined, 90 advanced and 127 remained unchanged on the CSE.
The port city's bourse traded 6.62 million shares and mutual fund units with turnover value of Tk 32.60 crore.
