BBN file photo

Dhaka, Bangladesh (BBN) – Bangladesh’s stocks witnessed upward trend in early hour of trading on Monday as investors are taking position on some large-cap stocks.

Following the previous day’s sharp correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher amid rising trading activities.

Within first 30 minutes of trading, the key index of the country’s prime bourse advanced 24 points while the CSE All Shares Price Index of port city bourse rose 43 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 24 points or 0.38 to reach at 6,228 points, when the report was filed at 11:00am.

The two other indices also saw positive trend till then. The DS30 index, comprising blue chips also advanced 4.19 points or 0.18 percent to reach at 2,254 points.
The DSE Shariah Index (DSES) gained 2.93 points or 0.21 percent to stand at 1,382 points.
Turnover, the important indicator of the market, stood at Tk 840 million when the report was filed at 11:00am.
Of the issues traded till then, 177 advanced, 55 declined and 14 remained unchanged.
Delta Brac Housing Finance was the most traded stocks till then with shares worth BDT106 million changing hands, closely followed by GP BDT 81 million, Baraka Power BDT 57 million, Legacy Footwear BDT 44 million and Doreen Power BDT 21 million.
The port city bourse – the Chittagong Stock Exchange – (CSE) witnessed upward trend till then with its All Shares Price Index, CAPSI – advancing 43 points to stand at 19,233 points, also at 11:00am.
The Selective Categories Index of the port city bourse also gained 26 points to reach at 11,630 points till then.
Of the issues traded till then, 64 gained, 27 declined and 14 issues remained unchanged with BDT 31 million in turnover.