Stocks continued to soar for the third consecutive session yesterday as investors went on a buying spree.

DSEX, the benchmark index of the premier bourse, gained 80.37 points or 1.39 percent to finish the day at 5,827.51.

Individual investors were more active in the market yesterday, industry insiders said.

Institutional investors will get scope to make huge investments as soon as the government's initiative to cut bank's cash reserve ratio is implemented to the full, said a leader of Bangladesh Merchant Bankers Association, requesting anonymity.

The positive thing is the government has successfully raised investors' confidence and created opportunities for institutional investors, he said.

Turnover, another important indicator of the market, rose 36 percent to Tk 599.66 crore from the previous day, with 19.88 crore shares and mutual fund units changing hands on the DSE.

Of the traded issues, 234 advanced, 71 declined and 34 closed unchanged on the premier bourse.

Beximco dominated the turnover chart with 98.66 lakh shares worth Tk 26.30 crore changing hands, followed by LankaBangla Finance, Unique Hotel, Mercantile Bank and Bdcom Online.

Among the major sectors, engineering increased 2.23 percent in market capitalisation, followed by banks 1.99 percent, textile 1.62 percent and mutual funds 1.38 percent.

Conversely, paper and printing declined 2.25 percent in market capitalisation.

Shasha Denims was the day's best performer with a 9.96 percent gain followed by ICB, Daffodil Computers and CAPM BDBL Mutual Fund One.

Khulna Printing and Packaging was the day's worst loser, declining 4.38 percent followed by Premier Cement, Zaheen Spinning and Standard Insurance.

The port city bourse also soared yesterday with the benchmark index, CSCX, increasing 170.39 points or 1.59 percent to finish the day at 10,868.99.

Gainers beat losers as 187 advanced, 38 declined and 15 finished unchanged.

The Chittagong bourse traded 2.61 crore shares and mutual fund units worth Tk 86.16 crore in turnover.