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On Monday, the index rose to a three-and-a-half-year high of 6,125, according to DSE data. People take profit when the index rises, and it is a good sign, the stockbroker said, adding that the profit booking tendency created opportunities for others. There were no sellers for some stocks almost throughout the day, as their demand was high, although they had informed the DSE that there was no undisclosed information. For instance, there were no sellers of Bangladesh Monospool Paper Manufacturing, Tamijuddin Textile, Malek Spinning, Dragon Sweater, and Maksons Spinning. There was no fundamental reason for the abnormal price hike of the stocks. Even many good stocks are trading at a lower level, said a merchant banker.

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