Stocks continue to rise

Bangladesh stock market continued to rise for the second consecutive day and the benchmark index closed to 7,000 level today.

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), rose 47 points, or 0.68 per cent, to 6,916. This is the historically highest level of the index since its inception in 2013.

DS-30, the blue-chip stock index, edged up 20 points to 2,474 on the day. The Shariah index of the premier bourse, DSES, rose 5 points to 1,495.

Turnover, another important indicator of the market, is up 5 per cent to Tk 2,366 crore.

At the DSE, 192 stocks advanced, 149 declined and 32 remained unchanged.

Mithun Knitting topped the gainer's list that rose 10 per cent followed by Rangpur Foundry, Eastern Insurance, Bangladesh National Insurance, and Tamijuddin Textiles.

The stock of Beximco Ltd traded mostly that worth Tk 150 crore followed by LafargeHolcim Bangladesh, GPH Ispat, Beximco Pharmaceuticals, and British American Tobacco.

Prime Finance shed mostly that fell 6.17 per cent followed by Metro Spinning, NLI First Mutual Fund, Premier Leasing, and Zahintex Industries.

The port city bourse also fell today. The CASPI, the general index of the Chittagong Stock Exchange rose 159 points, or 0.79 per cent, to 20,156.

Among 320 traded stocks, 170 advanced, 124 dropped, and 26 remained unchanged.