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Dhaka stocks rallied amid higher turnover on Thursday, after closing flat in the previous session.
The indexes jumped in the morning but lost a few points before the close, as investors booked mild profits on banks, textile, telecommunications, and insurers.
The benchmark DSEX index added just over 26 points or 0.35 per cent to settle at 7,329, extending its gaining streak for the third consecutive session.
The Shariah-based DSES index rose over 4 points or 0.53 per cent to 1,592 and the blue-chip comprising DS30 index added over 13 points or 0.5 per cent to 2,710.
The trading activities got pace backed by institutional investors, as the DSE turnover stood at Tk 2,503 crore, a rise of more than 10 per cent over the previous session.
Major contributions to total market volume came from Lafarge Holcim Bangladesh, Orion Pharmaceuticals, Beximco Ltd, Power Grid Company of Bangladesh, Beximco Pharmaceuticals, Lanka Bangla Finance and SAIF Powertec.
The non-banking financial institutions continued to steal the show driven by the state-owned Investment Corporation of Bangladesh soaring 3.38 per cent on the news that it got clearance from the government to issue a $300 million bond in the international market to make its presence in the market stronger.
CVO Petrochemical Refinery gained higher hitting 8.67 percent as it recently made a buying and selling agreement on Naphtha with Bangladesh Petroleum Corporation.
Other top gainers included Sonali Paper, Premier Cement, Baraka Patenga Power, Agni System, and Unique Hotel & Resorts Limited.
Eastern Insurance Company hit the lower limit circuit at almost 10 percent, ending its three days of the rally. It was followed by Desh Garments, Fareast Finance, Nurani Dyeing and Sweater, Pioneer Insurance, GBB Power and Meghna Condensed Milk.
