FE Report
The market kept its positive momentum Tuesday amid correction and bargain hunting with significant improvement in turnover as participation increased, riding on hope and excitement.
The General Index of the Dhaka Stock Exchange (DGEN) crossed 4,300 points mark once again and ended at 4,309.69 points, gaining 43.06 points or 1.00 per cent as the market kept its uptrend amid volatile trading session.
The other two indices also marked positive movement --- the DSEX went up by 55.91 points or 1.39 per cent to close at 4,062.74 while the blue chip index DS30 advanced 17.08 points or 1.14 per cent to close at 1,513.97 points.
The total market turnover shot up to Tk 6.45 billion, which was 36.3 per cent higher than previous session's value of Tk 4.73 billion.
"Spontaneous participation backed by hope and excitement helped the market to gain 43 points from previous session," commented IDLC Investments, in its daily market analysis.
The investors started to rotate at scrip’s level for a never stopping search for higher profit. Fundamental stocks continued to get investors' attention those achieved better risk adjusted return, till the date, the merchant bank said.
"Bullish momentum continued of the major indices continued for the second consecutive session as investors are feeling more confident regarding the prospect of their investments," commented LankaBangla Securities.
"Increased turnover is also confirming their belief. Top companies continued to draw attention in terms of turnover and return," the stock broker said.
The liquidity improvement has been significant as fresh fund has once again started to flow in. With the tug of war continuing among the investors the market looks to be more vibrant along with some good performance by most of the heavyweight sectors, stated the Zenith Investments.
"With the massive inflow of funds to keep the upward movement sustainable, the market has once again established the base to march forward luring more investors' participation," said the Zenith analysis.
Breaking the 4,300-level resistance was also a positive sign with bargain hunters looking to take opportunities as early as possible, the Zenith analysis said.
"Though there lies some good chance of mild correction in the upcoming sessions, this positivity is likely to continue as long as the liquidity keep supporting the market," it added.
Out of 286 issues traded, 161 advanced, 106 declined and 19 remained unchanged in the primer bourse.
Most of the heavyweight sectors kept holding on to show good performance. Among the major sectors fuel and power faced mild correction of 0.24 per cent.
The market kept its positive momentum Tuesday amid correction and bargain hunting with significant improvement in turnover as participation increased, riding on hope and excitement.
The General Index of the Dhaka Stock Exchange (DGEN) crossed 4,300 points mark once again and ended at 4,309.69 points, gaining 43.06 points or 1.00 per cent as the market kept its uptrend amid volatile trading session.
The other two indices also marked positive movement --- the DSEX went up by 55.91 points or 1.39 per cent to close at 4,062.74 while the blue chip index DS30 advanced 17.08 points or 1.14 per cent to close at 1,513.97 points.
The total market turnover shot up to Tk 6.45 billion, which was 36.3 per cent higher than previous session's value of Tk 4.73 billion.
"Spontaneous participation backed by hope and excitement helped the market to gain 43 points from previous session," commented IDLC Investments, in its daily market analysis.
The investors started to rotate at scrip’s level for a never stopping search for higher profit. Fundamental stocks continued to get investors' attention those achieved better risk adjusted return, till the date, the merchant bank said.
"Bullish momentum continued of the major indices continued for the second consecutive session as investors are feeling more confident regarding the prospect of their investments," commented LankaBangla Securities.
"Increased turnover is also confirming their belief. Top companies continued to draw attention in terms of turnover and return," the stock broker said.
The liquidity improvement has been significant as fresh fund has once again started to flow in. With the tug of war continuing among the investors the market looks to be more vibrant along with some good performance by most of the heavyweight sectors, stated the Zenith Investments.
"With the massive inflow of funds to keep the upward movement sustainable, the market has once again established the base to march forward luring more investors' participation," said the Zenith analysis.
Breaking the 4,300-level resistance was also a positive sign with bargain hunters looking to take opportunities as early as possible, the Zenith analysis said.
"Though there lies some good chance of mild correction in the upcoming sessions, this positivity is likely to continue as long as the liquidity keep supporting the market," it added.
Out of 286 issues traded, 161 advanced, 106 declined and 19 remained unchanged in the primer bourse.
Most of the heavyweight sectors kept holding on to show good performance. Among the major sectors fuel and power faced mild correction of 0.24 per cent.
FE Report
The market kept its positive momentum Tuesday amid correction and bargain hunting with significant improvement in turnover as participation increased, riding on hope and excitement.
The General Index of the Dhaka Stock Exchange (DGEN) crossed 4,300 points mark once again and ended at 4,309.69 points, gaining 43.06 points or 1.00 per cent as the market kept its uptrend amid volatile trading session.
The other two indices also marked positive movement --- the DSEX went up by 55.91 points or 1.39 per cent to close at 4,062.74 while the blue chip index DS30 advanced 17.08 points or 1.14 per cent to close at 1,513.97 points.
The total market turnover shot up to Tk 6.45 billion, which was 36.3 per cent higher than previous session's value of Tk 4.73 billion.
"Spontaneous participation backed by hope and excitement helped the market to gain 43 points from previous session," commented IDLC Investments, in its daily market analysis.
The investors started to rotate at scrips level for a never stopping search for higher profit. Fundamental stocks continued to get investors' attention those achieved better risk adjusted return, till the date, the merchant bank said.
"Bullish momentum continued of the major indices continued for the second consecutive session as investors are feeling more confident regarding the prospect of their investments," commented LankaBangla Securities.
"Increased turnover is also confirming their belief. Top companies continued to draw attention in terms of turnover and return," the stock broker said.
The liquidity improvement has been significant as fresh fund has once again started to flow in. With the tug of war continuing among the investors the market looks to be more vibrant along with some good performance by most of the heavyweight sectors, stated the Zenith Investments.
"With the massive inflow of funds to keep the upward movement sustainable, the market has once again established the base to march forward luring more investors' participation," said the Zenith analysis.
Breaking the 4,300-level resistance was also a positive sign with bargain hunters looking to take opportunities as early as possible, the Zenith analysis said.
"Though there lies some good chance of mild correction in the upcoming sessions, this positivity is likely to continue as long as the liquidity keep supporting the market," it added.
Out of 286 issues traded, 161 advanced, 106 declined and 19 remained unchanged in the primer bourse.
Most of the heavyweight sectors kept holding on to show good performance. Among the major sectors fuel and power faced mild correction of 0.24 per cent - See more at: http://www.thefinancialexpress-bd.com/index.php?ref=MjBfMDZfMTJfMTNfMV84OV8xNzI2ODY=#sthash.wqQSJ1Pz.dpuf
The market kept its positive momentum Tuesday amid correction and bargain hunting with significant improvement in turnover as participation increased, riding on hope and excitement.
The General Index of the Dhaka Stock Exchange (DGEN) crossed 4,300 points mark once again and ended at 4,309.69 points, gaining 43.06 points or 1.00 per cent as the market kept its uptrend amid volatile trading session.
The other two indices also marked positive movement --- the DSEX went up by 55.91 points or 1.39 per cent to close at 4,062.74 while the blue chip index DS30 advanced 17.08 points or 1.14 per cent to close at 1,513.97 points.
The total market turnover shot up to Tk 6.45 billion, which was 36.3 per cent higher than previous session's value of Tk 4.73 billion.
"Spontaneous participation backed by hope and excitement helped the market to gain 43 points from previous session," commented IDLC Investments, in its daily market analysis.
The investors started to rotate at scrips level for a never stopping search for higher profit. Fundamental stocks continued to get investors' attention those achieved better risk adjusted return, till the date, the merchant bank said.
"Bullish momentum continued of the major indices continued for the second consecutive session as investors are feeling more confident regarding the prospect of their investments," commented LankaBangla Securities.
"Increased turnover is also confirming their belief. Top companies continued to draw attention in terms of turnover and return," the stock broker said.
The liquidity improvement has been significant as fresh fund has once again started to flow in. With the tug of war continuing among the investors the market looks to be more vibrant along with some good performance by most of the heavyweight sectors, stated the Zenith Investments.
"With the massive inflow of funds to keep the upward movement sustainable, the market has once again established the base to march forward luring more investors' participation," said the Zenith analysis.
Breaking the 4,300-level resistance was also a positive sign with bargain hunters looking to take opportunities as early as possible, the Zenith analysis said.
"Though there lies some good chance of mild correction in the upcoming sessions, this positivity is likely to continue as long as the liquidity keep supporting the market," it added.
Out of 286 issues traded, 161 advanced, 106 declined and 19 remained unchanged in the primer bourse.
Most of the heavyweight sectors kept holding on to show good performance. Among the major sectors fuel and power faced mild correction of 0.24 per cent - See more at: http://www.thefinancialexpress-bd.com/index.php?ref=MjBfMDZfMTJfMTNfMV84OV8xNzI2ODY=#sthash.wqQSJ1Pz.dpuf
FE Report
The market kept its positive momentum Tuesday amid correction and bargain hunting with significant improvement in turnover as participation increased, riding on hope and excitement.
The General Index of the Dhaka Stock Exchange (DGEN) crossed 4,300 points mark once again and ended at 4,309.69 points, gaining 43.06 points or 1.00 per cent as the market kept its uptrend amid volatile trading session.
The other two indices also marked positive movement --- the DSEX went up by 55.91 points or 1.39 per cent to close at 4,062.74 while the blue chip index DS30 advanced 17.08 points or 1.14 per cent to close at 1,513.97 points.
The total market turnover shot up to Tk 6.45 billion, which was 36.3 per cent higher than previous session's value of Tk 4.73 billion.
"Spontaneous participation backed by hope and excitement helped the market to gain 43 points from previous session," commented IDLC Investments, in its daily market analysis.
The investors started to rotate at scrips level for a never stopping search for higher profit. Fundamental stocks continued to get investors' attention those achieved better risk adjusted return, till the date, the merchant bank said.
"Bullish momentum continued of the major indices continued for the second consecutive session as investors are feeling more confident regarding the prospect of their investments," commented LankaBangla Securities.
"Increased turnover is also confirming their belief. Top companies continued to draw attention in terms of turnover and return," the stock broker said.
The liquidity improvement has been significant as fresh fund has once again started to flow in. With the tug of war continuing among the investors the market looks to be more vibrant along with some good performance by most of the heavyweight sectors, stated the Zenith Investments.
"With the massive inflow of funds to keep the upward movement sustainable, the market has once again established the base to march forward luring more investors' participation," said the Zenith analysis.
Breaking the 4,300-level resistance was also a positive sign with bargain hunters looking to take opportunities as early as possible, the Zenith analysis said.
"Though there lies some good chance of mild correction in the upcoming sessions, this positivity is likely to continue as long as the liquidity keep supporting the market," it added.
Out of 286 issues traded, 161 advanced, 106 declined and 19 remained unchanged in the primer bourse.
Most of the heavyweight sectors kept holding on to show good performance. Among the major sectors fuel and power faced mild correction of 0.24 per cent - See more at: http://www.thefinancialexpress-bd.com/index.php?ref=MjBfMDZfMTJfMTNfMV84OV8xNzI2ODY=#sthash.wqQSJ1Pz.dpuf
The market kept its positive momentum Tuesday amid correction and bargain hunting with significant improvement in turnover as participation increased, riding on hope and excitement.
The General Index of the Dhaka Stock Exchange (DGEN) crossed 4,300 points mark once again and ended at 4,309.69 points, gaining 43.06 points or 1.00 per cent as the market kept its uptrend amid volatile trading session.
The other two indices also marked positive movement --- the DSEX went up by 55.91 points or 1.39 per cent to close at 4,062.74 while the blue chip index DS30 advanced 17.08 points or 1.14 per cent to close at 1,513.97 points.
The total market turnover shot up to Tk 6.45 billion, which was 36.3 per cent higher than previous session's value of Tk 4.73 billion.
"Spontaneous participation backed by hope and excitement helped the market to gain 43 points from previous session," commented IDLC Investments, in its daily market analysis.
The investors started to rotate at scrips level for a never stopping search for higher profit. Fundamental stocks continued to get investors' attention those achieved better risk adjusted return, till the date, the merchant bank said.
"Bullish momentum continued of the major indices continued for the second consecutive session as investors are feeling more confident regarding the prospect of their investments," commented LankaBangla Securities.
"Increased turnover is also confirming their belief. Top companies continued to draw attention in terms of turnover and return," the stock broker said.
The liquidity improvement has been significant as fresh fund has once again started to flow in. With the tug of war continuing among the investors the market looks to be more vibrant along with some good performance by most of the heavyweight sectors, stated the Zenith Investments.
"With the massive inflow of funds to keep the upward movement sustainable, the market has once again established the base to march forward luring more investors' participation," said the Zenith analysis.
Breaking the 4,300-level resistance was also a positive sign with bargain hunters looking to take opportunities as early as possible, the Zenith analysis said.
"Though there lies some good chance of mild correction in the upcoming sessions, this positivity is likely to continue as long as the liquidity keep supporting the market," it added.
Out of 286 issues traded, 161 advanced, 106 declined and 19 remained unchanged in the primer bourse.
Most of the heavyweight sectors kept holding on to show good performance. Among the major sectors fuel and power faced mild correction of 0.24 per cent - See more at: http://www.thefinancialexpress-bd.com/index.php?ref=MjBfMDZfMTJfMTNfMV84OV8xNzI2ODY=#sthash.wqQSJ1Pz.dpuf
FE Report
The market kept its positive momentum Tuesday amid correction and bargain hunting with significant improvement in turnover as participation increased, riding on hope and excitement.
The General Index of the Dhaka Stock Exchange (DGEN) crossed 4,300 points mark once again and ended at 4,309.69 points, gaining 43.06 points or 1.00 per cent as the market kept its uptrend amid volatile trading session.
The other two indices also marked positive movement --- the DSEX went up by 55.91 points or 1.39 per cent to close at 4,062.74 while the blue chip index DS30 advanced 17.08 points or 1.14 per cent to close at 1,513.97 points.
The total market turnover shot up to Tk 6.45 billion, which was 36.3 per cent higher than previous session's value of Tk 4.73 billion.
"Spontaneous participation backed by hope and excitement helped the market to gain 43 points from previous session," commented IDLC Investments, in its daily market analysis.
The investors started to rotate at scrips level for a never stopping search for higher profit. Fundamental stocks continued to get investors' attention those achieved better risk adjusted return, till the date, the merchant bank said.
"Bullish momentum continued of the major indices continued for the second consecutive session as investors are feeling more confident regarding the prospect of their investments," commented LankaBangla Securities.
"Increased turnover is also confirming their belief. Top companies continued to draw attention in terms of turnover and return," the stock broker said.
The liquidity improvement has been significant as fresh fund has once again started to flow in. With the tug of war continuing among the investors the market looks to be more vibrant along with some good performance by most of the heavyweight sectors, stated the Zenith Investments.
"With the massive inflow of funds to keep the upward movement sustainable, the market has once again established the base to march forward luring more investors' participation," said the Zenith analysis.
Breaking the 4,300-level resistance was also a positive sign with bargain hunters looking to take opportunities as early as possible, the Zenith analysis said.
"Though there lies some good chance of mild correction in the upcoming sessions, this positivity is likely to continue as long as the liquidity keep supporting the market," it added.
Out of 286 issues traded, 161 advanced, 106 declined and 19 remained unchanged in the primer bourse.
Most of the heavyweight sectors kept holding on to show good performance. Among the major sectors fuel and power faced mild correction of 0.24 per cent - See more at: http://www.thefinancialexpress-bd.com/index.php?ref=MjBfMDZfMTJfMTNfMV84OV8xNzI2ODY=#sthash.wqQSJ1Pz.dpuf
The market kept its positive momentum Tuesday amid correction and bargain hunting with significant improvement in turnover as participation increased, riding on hope and excitement.
The General Index of the Dhaka Stock Exchange (DGEN) crossed 4,300 points mark once again and ended at 4,309.69 points, gaining 43.06 points or 1.00 per cent as the market kept its uptrend amid volatile trading session.
The other two indices also marked positive movement --- the DSEX went up by 55.91 points or 1.39 per cent to close at 4,062.74 while the blue chip index DS30 advanced 17.08 points or 1.14 per cent to close at 1,513.97 points.
The total market turnover shot up to Tk 6.45 billion, which was 36.3 per cent higher than previous session's value of Tk 4.73 billion.
"Spontaneous participation backed by hope and excitement helped the market to gain 43 points from previous session," commented IDLC Investments, in its daily market analysis.
The investors started to rotate at scrips level for a never stopping search for higher profit. Fundamental stocks continued to get investors' attention those achieved better risk adjusted return, till the date, the merchant bank said.
"Bullish momentum continued of the major indices continued for the second consecutive session as investors are feeling more confident regarding the prospect of their investments," commented LankaBangla Securities.
"Increased turnover is also confirming their belief. Top companies continued to draw attention in terms of turnover and return," the stock broker said.
The liquidity improvement has been significant as fresh fund has once again started to flow in. With the tug of war continuing among the investors the market looks to be more vibrant along with some good performance by most of the heavyweight sectors, stated the Zenith Investments.
"With the massive inflow of funds to keep the upward movement sustainable, the market has once again established the base to march forward luring more investors' participation," said the Zenith analysis.
Breaking the 4,300-level resistance was also a positive sign with bargain hunters looking to take opportunities as early as possible, the Zenith analysis said.
"Though there lies some good chance of mild correction in the upcoming sessions, this positivity is likely to continue as long as the liquidity keep supporting the market," it added.
Out of 286 issues traded, 161 advanced, 106 declined and 19 remained unchanged in the primer bourse.
Most of the heavyweight sectors kept holding on to show good performance. Among the major sectors fuel and power faced mild correction of 0.24 per cent - See more at: http://www.thefinancialexpress-bd.com/index.php?ref=MjBfMDZfMTJfMTNfMV84OV8xNzI2ODY=#sthash.wqQSJ1Pz.dpuf
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