Retailers trade at Dhaka Stock Exchange office. BBN file photo

Dhaka, Bangladesh (BBN) – Bangladesh’s stocks extended their winning streak for the three consecutive sessions on Wednesday as optimistic investors continued their buying spree amid post-Eid positive expectation.
Brokers said as pre-Eid sale pressure faded away and June-closing near, the optimistic investors took position on sector specific large-cap stocks amid post-Eid positive expectation.
Only one trading sessions is left before Eid vacation.
The market started with an upward trend which continued till end of the session with no sign of reversal, finally ended more than 40 points higher.
DSEX, the prime index of the Dhaka Stock Exchange (DSE) finished at 5,567.69, advancing 40.47 points or 0.73 percent over the previous day.
The two other indices also finished higher. The DS30 index, comprising blue chips jumped 13.55 points or 0.66 percent to finish at 2063.
The DSE Shariah Index (DSES) rose 7.75 points or 0.60 per cent to close at 1,281.
Turnover, another important indicator of the market, also rose to BDT 7.0 billion, which was 8.52 percent higher than the previous day’s BDT 6.45 billion.
Gainers took a strong lead over the losers, as prices of 189 securities advanced, 95 declined and 46 remained unchanged out of the 330 issues that were traded on the DSE floor.
Regent Textile topped the DSE turnover chart with about 11.49 million shares worth BDT 362 million changing hands, followed by LankaBangla Finance, IFAD Autos, City Bank and Paramount Textile.
CVO Petrochemicals Refinery was the day’s highest gainer, posting 8.74 percent gain following its category change news, while National Tea Company was the worst loser, losing 7.48 percent.
The port city bourse, the Chittagong Stock Exchange (CSE), also closed higher with its Selective Categories Index – CSCX – advancing 93 points to settle at 10,434.
Gainers beat losers as 155 issues closed higher, 70 closed lower and 22 remained unchanged on the CSE.
The port city bourse traded 13.74 million shares and mutual fund units’ worth BDT 384 million in turnover.