Dhaka stocks rose for the second consecutive day Sunday amid both higher turnover and market capitalisation.
The market capitalisation of Dhaka Stock Exchange (DSE) rose on the back of the debut trading of a new issue--ICB Second NRB Mutual Fund.
The share price of the issue on the first trading day closed at Tk 190.00 against the face value of Tk 100 and bagged the 6th position among the top turnover leaders with shares worth Tk 141.33 million traded.
All the DSE market barometers rose on the day.
Of them, the benchmark DSE General Index or DGEN rose 7.02 points, DS 20 gained 30.62 points and DSI went up by 6.75 points to close at 2885.10, 2666.76 and 2498.68 respectively.
Out of 229 issues traded, 125 gained, 101 declined and three remained unchanged.
The turnover rose to Tk 3.70 billion on the day against the previous Tk 3.42 billion on the back of hefty trading in shares of Keya Cosmetics, United Commercial Bank and Square Pharmaceuticals.
Keya Cosmetics, United Commercial Bank and Square Pharmaceuticals were the top three turnover leaders with shares worth Tk 245.49 million, Tk 211.50 million and Tk 180.66 million traded respectively.
Mutual fund issues bounced back after sustaining 'heavy correction' in the past weeks.
Of them, the Third ICB Mutual Fund went up by 11.65 per cent, 6th ICB Mutual Fund 14.97 per cent, 8th ICB Mutual Fund 14.19 per cent, AIMS 12.72 per cent and Grameen One 19.94 per cent.
Keya Cosmetics recorded a 4.45 per cent rise and topped the turnover list with its share at Tk 96.20.
Keya Cosmetics attracted the investors as a rumour spread that the products of the company were going to be exported to some more countries.
