BBN file photo

Dhaka, Bangladesh (BBN)– Bangladesh’s stocks witnessed upward trend in early hour of trading on Sunday as optimistic investors continued their buying spree on sector-wise issues.

Following the previous week’s sharp gain, 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 29 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 49 points at 10:45am when the report was filed.

DSEX, the prime index of the DSE, went up by 29.49 points or 0.52 percent to reach at 5,619 points at 10:45am.

The DS30 index, comprising blue chips, also gained 4.86 points to stand at 1,946 points. The DSE Shariah Index (DSES) advanced 7.37 points to reach at 1,278 points till then.

Turnover, the crucial indicator of the market, stood at BDT 1.10 billion when the report was filed at 10:45am.

Of the issues traded till then, 222 advanced, 44 declined and 32 remained unchanged.

JMI Syringes was the most traded stocks till then with shares worth BDT 49 million changing hands, closely followed by Dragon Sweater, Beximco, BBS cables and Paramount textile.

The port city’s bourse – the Chittagong Stock Exchange – (CSE) saw upward trend till then with CSE All Share Price Index- CASPI-advancing 49 points to stand at 17,218, also at 10:45am.

The Selective Category Index – CSCX –also gained 28 points to stand at 10,395 points till then.

Of the issues traded till then, 65 gained, 08 declined and 10 issues remained unchanged with BDT 32 million in turnover.