BBN file photo

Dhaka, Bangladesh (BBN)– Bangladesh’s stocks witnessed sharp rise in early hour of trading on Thursday as investors are active on sector-wise stocks.

Following the previous day’s upward movement, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher amid rising trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse rose more than 38 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 78 points at 10:45am.

After 30 minutes of trading, the DSEX rose more than 59 points while the CSE All Share Price Index (CASPI) of port city’s bourse soared 116 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 59.37 points or 1.11 percent to reach at 5,368 points at 11:00 am.

The DS30 index, comprising blue chips, also rose 26 points to reach at 1,928 points.

The DSE Shariah Index advanced 15 points to reach at 1,260 points till then.

Turnover, the important indicator of the market, stood at BDT 1.96 billion when the report was filed at 11:00am.

The newly listed Bashundhara Paper Mills was the most traded stocks till then with shares worth BDT 218 million changing hands, closely followed by Fortune Shoes BDT 114 million, United Power BDT 64 million, Sinobangla Industries BDT 62 million and Prime Textile BDT 61 million.

Of the issues traded till then, 198 advanced, 37 declined and 31 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw upward trend till then with CSE All Share

Price Index- CASPI-soaring 116 points to stand at 16,477, also at 11:00am.

The Selective Category Index – CSCX –also advanced 72 points to stand at 9,965 points till then.

Of the issues traded till then, 87 gained, 12 declined and 14 issues remained unchanged with BDT 78 million in turnover.