Stocks continued to rise for the fifth consecutive day thanks to the growing participation of general investors, lifting the Dhaka bourse's market capitalisation by 14,539 crore in the last five days.

Since December 1, the index went up 187 points or 3.86 per cent while the market cap rose 3.79 per cent to hit Tk 404,528 crore.

Meanwhile, DSEX, the benchmark index of the Dhaka Stock Exchange, rose 29 points, or 0.57 per cent, to 5,053 yesterday.

Buoyant general investors are pouring their funds into the market hoping the positive trend will continue, said a stock broker.

As banks and NBFIs are going to announce their yearly profits and dividends in the coming months, the prices of their stocks are rising, he said.

Investors are also rearranging their portfolio with the bank and NBFI shares, the stock broker added.

Investors have enough money to buy stocks now as a number of IPO funds became free for use in the last few days, said Munna Rayhan, a stock investor.

"So, I bought some stocks in the last few days." The investor said he is trying to grab some quick gains from the secondary market as some other IPO subscriptions will start soon.

"The stock market regulator should extend time for subscription so that we can provide the required fund for the market."

Turnover, another important indicator of the stock market, stood at Tk 848 crore yesterday on the DSE floor, up from Tk 843 crore in the previous day.

Miracle Industries topped the gainers' list with a 9.48 per cent rise followed by Dominage Steel, Aftab Automobiles, Provati Insurance and Fine Foods.

Beximco Ltd was the most traded stock with shares worth Tk 55.41 crore changing hands followed by Beximco Pharmaceuticals, Republic Insurance, IFIC and Fortune Shoes.

Of the total 353 traded companies, 126 advanced, 140 declined and 87 remained unchanged.

CAPM IBBL Mutual Fund shed the most slumping 7.83 per cent followed by Appollo Ispat, Bangladesh Lamps, Keya Cosmetics and ADN Telecom.

Chattogram Stock Exchange also witnessed a jump in its index.

CSEX, the prime index of the port city bourse, rose 45.57 points, or 0.52 per cent, to 8,727.38 yesterday.

Out of the total 269 companies' stocks, 98 rose, 115 fell and 56 remained the same.