The benchmark DSE General Index increased by 21.46 points, or 1.18 percent, to end at 1826.58 points.

The DSE All Share Price Index, which includes all issues on the premier bourse, also shot up by 21.86 points, or 1.48 percent, to close at 1495.47 points.

Of the 201 issues traded, 112 advanced, 73 declined and 16 remained unchanged. A total of 20,956,916 shares changed hands.

Brac Bank shares contributed to the rise of indices for the second consecutive day, market analysts said.

Closing at Tk 580.25, the prices of the bank's shares rose as high as Tk 595 and as low as Tk 540.

The analysts said the third generation bank got huge responses from investors during the last two days due to its good business track record.

Earlier on Wednesday, the bank made its debut on the secondary market.

The Brac Bank also topped the turnover leaders followed by Dhaka Electric Supply Company, Grameen Mutual Fund One, Square Textile, Jamuna Bank, Summit Power, AIMS First Mutual Fund, Pubali Bank, Southeast Bank and Prime Bank.

Brac Bank topped the turnover leaders with 542,600 shares worth Tk 31.40 crore.

Meanwhile, trading on the Chittagong Stock Exchange (CSE) also closed higher yesterday with gainers dominating the losers.

The CSE All Share Price Index went up by 1.36 percent to close at 4134.33 points while the CSE Selective Categories Index increase by 1.03 percent finishing at 2702.32 points.

A total of 5,425,315 shares of 92 issues worth Tk 29.60 crore were traded on the port city bourse. Of the issues traded, 59 gained, 29 suffered losses and four remained unchanged.

The market capitalisation on the DSE stood at Tk 37,931 crore while the capitalisation on the CSE stood at Tk 30,456 crore.