Retailers trade at Dhaka Stock Exchange office. BBN file photo

Dhaka, Bangladesh (BBN)– Bangladesh’s stocks witnessed upward trend in early hour of trading on Monday with increasing turnover as investors continued their buying spree on banks.

Following the previous day’s upbeat trend, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher with rising trading activities.

After first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 42.48 points while the Selective Category Index of port city bourse rose 78 points at 10:45am when the report was filed.

DHAKA STOCK EXCHANGE
DSEX, the prime index of the DSE, went up by 42.48 points or 0.68 percent to reach at 6,283 points, when the report was filed at 10:45am.

The DS30 index, comprising blue chips advanced 9.51 points or 0.43 percent to reach at 2,236 points.

The DSE Shariah Index (DSES) advanced 1.0 points or 0.07 percent to stand at 1,393 points.

Turnover, the important indicator of the market, stood at Tk 1.92 billion when the report was filed at 10:45am.

Of the issues traded till then, 144 advanced, 54 declined and 53 remained unchanged.

The banking sector dominated the turnover chart with National Bank led the chart till then with shares worth BDT 158 million changing hands, followed Premier Bank BDT 111 million, Mercantile Bank BDT 98 million, IFIC Bank BDT 95 million and AB Bank BDT 80 million.

CHITTAGONG STOCK EXCHANGE

The port city bourse – the Chittagong Stock Exchange – (CSE) also saw upward trend till then with its Selective Category Index – CSCX – advancing 78 points to stand at 11,787 points, also at 10:45am.

Of the issues traded till then, 57 gained, 37 declined and 20 issues remained unchanged with BDT 72 million in turnover.

BBN/SSR/SR