Dhaka stocks gain for fifth consecutive day

The stock market gained today maintaining the rising trend of the last five consecutive trading days thanks to the increased participation of investors.

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), soared 78 points, or 1.39 per cent, to end the day at 5,724.36.

The consecutive rise in the index has made the investors happy this year, industry insiders said.

Turnover, another important indicator of the market, rose 3.8 per cent to Tk 1,403 crore.

At the DSE, 218 stocks advanced, 71 fell and 73 remained unchanged.

Dhaka Insurance topped the gainers' list that rose 9.92 per cent followed by Metro Spinning, Pioneer Insurance, Sonar Bangla Insurance and Rupali Bank.

Stocks of Beximco Ltd became the top traded stock with shares worth Tk 120 crore changing hands followed by Brac Bank, National Feed Mills, British American Tobacco, Robi Axiata, and Square Pharmaceuticals.

Shyampur Sugar Mills shed the most that lost 5 per cent followed by Pubali Bank, Appollo Ispat, Familytex Bangladesh, and Sunlife Insurance.