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 Wednesday as optimistic investors are active on sector specific stocks, especially banks.

Following the previous two sessions’ gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw positive trend at opening amid low participation of investors.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 22 points while the Selective Category Index of port city bourse rose 43 points at 10:15am when the report was filed.

DSEX, the prime index of the DSE, went up by 22 points or 0.37 percent to stand at 5,944 points, at 10:15am.
The two other indices also saw positive trend till then. The DS30 index, comprising blue chips also advanced 3.10 points or 0.14 per cent to reach at 2,129 points.

The DSE Shariah Index (DSES) advanced 0.23 points or 0.01 percent to stand at 1,312 points.
Turnover, the important indicator of the market, stood at Tk 755 million when the report was filed at 10:15am.
Of the issues traded till then, 88 advanced, 61 declined and 43 remained unchanged.

Uttara Bank emerged as turnover leader with shares worth BDT 148 million changing hands, followed by BBS Cables BDT 88 million, Pubali Bank BDT 65 million, IFIC Bank BDT 65 million and Zaheen Spinning BDT 30 million.

The port city bourse – the Chittagong Stock Exchange – (CSE) saw upward trend till then trend with its Selective Category Index – CSCX – advancing 43 points to stand at 11,155 points, also at 10:15am.

Of the issues traded till then, 32 gained, 15 declined and 10 issues remained unchanged with BDT 30 million in turnover.