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 previous day’s marginal gains, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher amid low trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 20 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 15 points at 10:45am.

After 30 minutes of trading, the DSEX advanced more than 23 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 18 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 23.50 points or 0.44 per cent to reach at 5,368 points at 11:00 am.

The DS30 index, comprising blue chips, rose 9.25 points to reach at 1,952 points.

The DSE Shariah Index index advanced 6.72 points to reach at 1,247 points till then.

Turnover, the important indicator of the market, stood at BDT 915 million when the report was filed at 11:00 am.

Of the issues traded till then, 144 advanced, 47 declined and 44 remained unchanged.

Western Marine Shipyard was the most traded stocks till then with shares worth BDT 84 million changing hands, closely followed by Alif Industries BDT 80 million, Navana CNG BDT 79 million, Pharma Aids BDT 57 million and BBS Cables BDT 45 million.

The port city’s bourse – the Chittagong Stock Exchange – (CSE) saw positive trend till then with CSE All Share Price Index- CASPI-gaining 18 points to stand at 16,502, also at 11:00am.

The Selective Category Index – CSCX –also gained 12 points to stand at 9,980 points till then.

Of the issues traded till then, 32 gained, 24 declined and 14 issues remained unchanged with BDT 16 million in turnover.