BBN file photo

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

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

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 5.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 25 points at 10:45am.

After 30 minutes of trading, the DSEX gained nearly 18 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 53 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 17.92 points or 0.30 percent to stand 5,877 points at 11:00am.

The DS30 index, comprising blue chips, also rose 3.87 points to reach at 2,025 points till then. The DSE Shariah Index advanced 4.86 points to stand at 1,320 points.

Turnover, the important indicator of the market, stood at BDT 1.35 billion on DSE when the report was filed at 11:00am.

Premier Bank was the most traded stocks till then with shares worth BDT 196 million changing hands, closely followed by Shurwid Industries, United Power, Bangas and Far East Knitting and Dyeing.

Of the issues traded till then, 168 advanced, 83 declined and 49 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw upward trend till then with CSE All Share Price Index- CASPI-gaining 53 points to stand at 18,034 points, also at 11:00am.

The Selective Category Index – CSCX –also gained 31 points to stand at 10,895 points till then.

Of the issues traded till then, 53 gained, 20 declined and 13 issues remained unchanged with BDT 42 million in turnover.