Retailers trade at Dhaka Stock Exchange office. BBN file photo

Dhaka, Bangladesh (BBN) – Bangladesh’s stocks witnessed positive trend in early hour of trading on Tuesday as optimistic investors remained active on undervalued stocks.

Following the previous day’s marginal gain, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened marginally higher, but trading activities remains low.

Within first 30 minutes of trading, the key index of the country’s prime bourse advanced more than 7.75 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 7.0 points at 10:30am when the report was filed.

DHAKA STOCK EXCHANGE:

DSEX, the prime index of the DSE, went up by 7.75 points or 0.04 percent to reach at 5,421 points at 10:30am.

The DS30 index, comprising blue chips, advanced 2.40 points or 0.12 percent to reach at 2,009 points.

The DSE Shariah Index (DSES) also gained 3.53 points or 0.27 per cent to reach at 1,272 points till then.

Turnover, the important indicator of the market, stood at BDT 570 million when the report was filed at 10:30am.

Of the issues traded till then, 118 advanced, 69 declined and 45 remained unchanged.

Legacy Footwear was the most traded stocks till then with shares worth BDT 70 million changing hands, closely followed by Intraco Refuelling Station BDT 51 million, Berger Paints BDT 49 million, Queen South Textile BDT 42 million and Advent Pharma BDT 30 million.

CHITTAGONG STOCK EXCHANGE:

The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw positive trend till then with CSE All Share Price Index – CASPI – advancing 7.0 points to stand at 16,694 points, also at 10:30am.

The Selective Category Index – CSCX – also gained 4.0 points to stand at 10,097 points till then.

Of the issues traded till then, 18 gained, 11 declined and 4 issues remained unchanged with BDT 8.0 million in turnover.

BBN/SS/ANS