Dhaka, Bangladesh (BBN) – Dhaka stocks logged their 10th consecutive session gain on Wednesday to close at more than one percent higher, market operators said.

The DSE General Index (DGEN), the main gauge of the market, surged by 1.16 per cent or 85.29 points to reach at a fresh high of 7412.60.

The DGEN added more than 500 points during the last 10 days rally. It was the best run since December 2009-January 2010 when the stocks had risen for 15 consecutive sessions.

The broader All Shares Price Index (DSI) was up by 1.31 per cent or 80.26 points to 6170.26. The DSE-20 Index comprising blue chips gained 1.03 per cent or 70.28 points to 4372.88.

Bank, non-banking financial institution, insurance, pharmaceuticals, cement, and fuel and power sectors closed in the positive terrain.

Chittagong stocks rose, with the CSE Selective Categories Index gaining 118 points, or 0.85 percent, to 13,946.

The Chittagong Stock Exchange traded more than BDT 14.5 million shares and mutual fund units on a value of BDT 2.06 billion.

Of the traded issues, 124 advanced and 60 declined, with 10 remaining unchanged on the port city bourse.

BBN/SSR/AD-07Oct10-12:37 am (BST)