Stocks rise for second day

Indices on the Dhaka Stock Exchange (DSE) rose in early trading today, extending their gains for the second consecutive day.

The DSEX, the benchmark index of the premier bourse, gained 15.32 points, or 0.31 percent, to 4,835.79 as of 11:20 am.

The Shariah-compliant DSES index increased by 0.42 percent to 1,057.30, while the DS30, which represents blue-chip stocks, surged 0.11 percent to 1,790.38.

Turnover, a key indicator of market activity, stood at Tk 98.68 crore during the session.

Of the 395 issues traded, 243 advanced, 73 declined, and 71 remained unchanged, indicating positive investor activity.

City Insurance posted the highest gain, rising more than 9 percent, while Union Bank registered the biggest loss, dropping 3 percent.