BBN file photo

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

Following the previous day’s upturn, 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 36 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 72 points at 10:45am when the report was filed.

DSEX, the prime index of the DSE, went up by 36.84 points or 0.62 percent to reach at 5,900 points at 10:45am.

The DS30 index, comprising blue chips, also gained 9.68 points to stand at 2038 points. The DSE Shariah Index (DSES) advanced 6.16 points to reach at 1,336 points till then.

Turnover, the crucial indicator of the market, stood at BDT 1.52 billion when the report was filed at 10:45am.
Of the issues traded till then, 201 advanced, 56 declined and 39 remained unchanged.

United Power was the most traded stocks till then with shares worth BDT 63 million changing hands, closely followed by Dhaka Bank, Pharma Aids, Karnaphuli Insurance and Wata Chemicals.

The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw upward trend till then with CSE All Share Price Index- CASPI-advancing 72 points to stand at 18,030, also at 10:45am.

The Selective Category Index – CSCX –also gained 45 points to stand at 10,892 points till then.

Of the issues traded till then, 56 gained, 29 declined and 06 issues remained unchanged with BDT 25 million in turnover.