BBN file photo

Dhaka, Bangladesh (BBN)– Bangladesh’s stocks witnessed upward trend in early hour of trading on Thursday as investors are showing buying appetite on sector-wise stocks.

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

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 21 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 42 points at 10:45am when the report was filed.

DSEX, the prime index of the DSE, went up by 21.20 points or 0.38 percent to reach at 5,457 points at 10:45am.

The DS30 index, comprising blue chips, also advanced 10 points to reach at 1,932 points. The DSE Shariah Index (DSES) gained 2.54 points to reach at 1,277 points till then.

Turnover, the important indicator of the market, stood at only BDT 885 million when the report was filed at 10:45am.

Of the issues traded till then, 131 advanced, 45 declined and 27 remained unchanged.

Summit Power was the most traded stocks till then with shares worth BDT 215 million changing hands, followed by Khulna Power BDT 100 million, Cement BDT 46 million, Singer Bangladesh BDT 31 million and Beximco BDT 25 million.

The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw upward trend till then with CSE All Share Price Index- CASPI-advancing 42 points to stand at 16,823, also at 10:45am.

The Selective Category Index – CSCX –also gained 26 points to stand at 10,192 points till then.

Of the issues traded till then, 15 gained, 07 declined and 04 issues remained unchanged with BDT 14 million in turnover.