Retailers trade at Dhaka Stock Exchange office. BBN file photo

Dhaka, Bangladesh (BBN) – Bangladesh’s stocks witnessed sharp rise in early hour of trading on Monday as optimistic investors are taking position on sector-wise large-cap stocks, especially banks.

Following the previous day’s record high, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened optimistic amid rising trading activities.

After first 15 minutes of trading, the key index of the country’s prime bourse advanced 38 points while the Selective Category Index of port city bourse soared 80 points at 10:15am when the report was filed.

DSEX, the prime index of the DSE, went up by 38 points or 0.64 percent to stand at 5,946 points, at 10:15am.
The two other indices also opened higher. The DS30 index, comprising blue chips also advanced 9.20 points or 0.43 per cent to 2,139 points.
The DSE Shariah Index (DSES) gained 4.59 points or 0.35 percent to stand at 1,318 points.
Turnover, the important indicator of the market, stood at Tk 1.13 billion when the report was filed at 10:15am.
Of the issues traded till then, 142 advanced, 41 declined and 50 remained unchanged.
The newly listed BBS Cables emerged as turnover leader with shares worth BDT 94 million changing hands, closely followed by IFIC Bank BDT 93 million, City Bank BDT 81 million, National Bank BDT 59 million and Mercantile Bank BDT 57 million.
The port city bourse – the Chittagong Stock Exchange – (CSE) saw upward till then trend with its Selective Category Index – CSCX – gaining 80 points to stand at 11,144 points, also at 10:15am.
Of the issues traded till then, 62 gained, 11 declined and 12 issues remained unchanged with BDT 50 million in turnover.