Dhaka stocks gained on Sunday, fifth day in a row, as investors continued to remain hopeful about the market following the government move to refinance
the loan scheme for the small-scale investors.
DSEX, the benchmark general index of Dhaka Stock Exchange, gained 1.68 per cent or 65.17 points to close at 3,943.24 points.
The DSEX has gained 260 points in the last five sessions.
Turnover of the bourse also gained slightly to Tk 476.17 crore on the day from that of Tk 466.76 crore in the previous session.
The old key index of the bourse, DGEN, gained 1.51 per cent or 62.29 points to close at 4,162.80 points.
DS30, the bluechip index of DSE, gained 1.33 per cent or 19.04 to close at 1,445.78 points.
Market operators said investors continued to remain upbeat after the government initiated a move to refinance Tk 1,200 crore for the small-scale investors who got stuck for margin loan burden.
They said most of the institutional investors were active in the market which was indicated by the increasing turnover.
The Bangladesh Bank last week relaxed some rules of loan provisioning and the finanace ministry asked the BB to allocate Tk 1,200 crore for the loan refinancing scheme of small scale investors.
Of the 283 traded issues, 244 advanced, 29 declined and 10 remained unchanged.
All the major sectors advanced on Sunday, led by non-bank financial institutions that gained 4.27 per cent, followed by power which ended 1.89 per cent higher than last session.
Banks gained 1.13 per cent, pharmaceuticals 0.66 per cent and telecommunication gained 0.57 per cent on the day.
Orion Pharma was the highest traded stock on the day with its share worth Tk 22.94 crore changing hands.
The other turnover leaders were United Airways, Bangladesh Submarine Cable Compnay Ltd, Tallu Spinning, Aamra Technologies, SPPCL, RN Spinning Mills, AIMS 1st Mutual Fund, Titas Gas and Malek Spinning.
-With New Age input