Dhaka, Bangladesh (BBN)– Bangladesh’s stocks witnessed upward trend in early hour of trading on Sunday as investors are active on sector-wise stocks amid optimism.
Following the previous week’s downward trend, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher, but trading activities remains low.
Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 43 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 55 points at 10:45am.
After 30 minutes of trading, the DSEX rose more than 48 points while the CSE All Share Price Index (CASPI) of port city’s bourse advanced 76 points at 11:00am when the report was filed.
DHAKA STOCK EXCHANGE
DSEX, the prime index of the DSE, went up by 48.25 points or 0.86 percent to reach at 5,629 points at 11:00am.
The two other indices also saw upward trend till then. The DS30 index, comprising blue chips, advanced 14 points or 0.68 per cent to reach at 2,096 points.
The DSE Shariah Index (DSES) also gained 11 points or 0.87 per cent to reach at 1,333 points till then.
Turnover, the important indicator of the market, stood at BDT 328 million when the report was filed at 11:00am.
Of the issues traded till then, 193 advanced, 21 declined and 22 remained unchanged.
Salvo Chemicals was the most traded stocks till then with shares worth BDT 31 million changing hands, closely followed by Mercantile Bank BDT 23 million, BRAC Bank BDT 18 million, Unique Hotel BDT 12 million and Fine Foods BDT 12 million.
CHITTAGONG STOCK EXCHANGE
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw upward trend till then with CSE All Share Price Index- CASPI-gaining 76 points to stand at 17,315, also at 11:00am.
The Selective Category Index – CSCX –also gained 46 points to stand at 10,461 points till then.
Of the issues traded till then, 58 gained, 12 declined and 5 issues remained unchanged with BDT 15 million in turnover.