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 showing buying appetite on sector-wise stocks.
Following the recent sharp decline, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher but trading activities remained low.
Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 27 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 22 points at 10:45am when the report was filed.
DHAKA STOCK EXCHANGE
DSEX, the prime index of the DSE, went up by 27.48 points or 0.52 percent to reach at 5,280 points at 10:45am.
The DS30 index, comprising blue chips, also advanced 7.21 points to reach at 1,871 points. The DSE Shariah Index (DSES) gained 5.48 points to reach at 1,217 points till then.
Turnover, the important indicator of the market, stood at only BDT 467 million when the report was filed at 10:45am.
Of the issues traded till then, 130 advanced, 45 declined and 34 remained unchanged.
Shahjala Islami Bank was the most traded stocks till then with shares worth BDT 39 million changing hands, closely followed by BBS Cables BDT 35 million, Delta Life Insurance BDT 31 million, Beximco BDT 30 million and Dragon Sweater BDT 23 million.
CHITTAGONG STOCK EXCHANGE
The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw upward trend till then with CSE All Share Price Index – CASPI – advancing 22 points to stand at 16,153, also at 10:45am.
The Selective Category Index – CSCX – also gained 14 points to stand at 9,787 points till then.
Of the issues traded till then, 24 gained, 15 declined and 09 issues remained unchanged with BDT 28 million in turnover.
BBN/SS/ANS