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 are active on sector-wise stocks ahead of Eid festival.

Following the previous day’s moderate gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) saw positive trend at opening amid increasing participation of investors.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 12 points while the Selective Category Index of port city bourse rose 13 points at 10:15am when the report was filed.

DSEX, the prime index of the DSE, went up by 12.35 points or 0.21 percent to stand at 5,875 points, at 10:15am.
The two other indices also saw positive trend till then. The DS30 index, comprising blue chips advanced 3.52 points or 0.16 per cent to reach at 2,107 points.

The DSE Shariah Index (DSES) advanced 1.48 points or 0.11 percent to stand at 1,309 points.

Turnover, the important indicator of the market, stood at Tk 882 million when the report was filed at 10:15am.
Of the issues traded till then, 127 advanced, 52 declined and 30 remained unchanged.

Bangladesh Building Systems emerged as turnover leader with shares worth BDT 242 million changing hands, followed by BBS Cables BDT 122 million, Fortune Shoes BDT 44 million, Intech BDT 33 million and Monno Ceramics BDT 31 million.

The port city bourse – the Chittagong Stock Exchange – (CSE) also saw upward trend till then trend with its Selective Category Index – CSCX –gaining 13 points to stand at 11,020 points, also at 10:15am.

Of the issues traded till then, 46 gained, 23 declined and 11 issues remained unchanged with BDT 44 million in turnover.