Retailers trade at Dhaka Stock Exchange office. BBN file photo

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

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

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 11 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 43 points at 10:45am when the report was filed.

DSEX, the prime index of the DSE, went up by 11 points or 0.18 percent to reach at 5,781 points at 10:45am.

The DS30 index, comprising blue chips, also gained 1.26 points to stand at 2002 points. The DSE Shariah Index (DSES) advanced 5.95 points to reach at 1,314 points till then.

Turnover, the crucial indicator of the market, stood at BDT 1.17 billion when the report was filed at 10:45am.
Of the issues traded till then, 185 advanced, 69 declined and 43 remained unchanged.

Olympic Industries was the most traded stocks till then with shares worth BDT 69 million changing hands, closely followed by BBS Cables, United Insurance, JMI Syringes and National Housing Finance.

The port city’s bourse – the Chittagong Stock Exchange – (CSE) saw upward trend till then with CSE All Share Price Index- CASPI-advancing 43 points to stand at 17,751, also at 10:45am.

The Selective Category Index – CSCX –also gained 27 points to stand at 10,717 points till then.

Of the issues traded till then, 59 gained, 17 declined and 11 issues remained unchanged with BDT 28 million in turnover.