Stocks rise for second day

The indices of the Dhaka and Chattogram stock exchanges rose today for the second consecutive trading day.

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), added 17 points, or 0.28 per cent, to 6,216.

The DS30, the blue-chip index, gained 0.09 per cent to 2,220 while the DSES, the shariah-compliant index, advanced 0.24 per cent to 1,359.

However, turnover, a key indicator of the market, surged about 60 per cent to TK 420 crore.

Of the securities, 106 advanced, 56 declined and 146 did not show any price movement.

Bangladesh General Insurance Company made the highest gain with an increase of 9.8 per cent.

Emerald Oil Industries, City General Insurance Co, Pragati Life Insurance, and Metro Spinning were among the top gainers.

Al-Haj Textile Mills was the highest loser, shedding 1.5 per cent.

Meghna Insurance Company, Savar Refractories, Fine Foods, and Imam Button Industries were also in the list of the significant losers.

Genex Infosys was the most-traded stock with its issues worth Tk 29 crore transacting.

ADN Telecom, Shinepukur Ceramics, Bangladesh Shipping Corporation, and Sea Pearl Beach Resort & Spa also registered significant turnover.

The Caspi, the all-share price index of the Chittagong Stock Exchange, went up 27 points, or 0.14 per cent, to close at 18,326.

Of the issues, 46 rose, 40 retreated and 51 did not see any price swing.

However, the turnover of the port city bourse decreased 48 per cent to Tk 4.77 crore.