Stocks rise for third day

Stocks continued to rise for the third consecutive day as some investors went for buying shares.

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), edged up 10 points to reach 6,217. In the last three days, the index rose 24 points.

The DS-30, the blue-chip stock index, rose 0.01 per cent to 2,209 while the DSES, an index comprised of shariah-compliant companies, edged up 0.26 per cent to 1,352 points.

Turnover of the DSE, a key indicator of trade in the market, dropped to Tk 531 crore from Tk 666 crore a session earlier.

Of the securities traded, 83 advanced, 46 declined and 195 remained unchanged.

The CASPI, the all-share price index of the Chittagong Stock Exchange, increased by 29 points, or 0.16 per cent, to 18,318.

Of the issues traded, 52 rose, 19 retreated, and 66 saw no price movement.

Turnover of the port city bourse fell 92 per cent to Tk 7 crore from Thursday's Tk 96 crore.