Retailers trade at Dhaka Stock Exchange office. BBN file photo

Dhaka, Bangladesh (BBN)– Bangladesh’s stocks witnessed upbeat trend in early hour of trading on Sunday as optimistic investors are taking position on undervalued stocks.

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

Within first 30 minutes of trading, the key index of the country’s prime bourse rose more than 41 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 79 points at 10:30am when the report was filed.

DSEX, the prime index of the DSE, went up by 41.08 points or 0.75 percent to reach at 5,470 points at 10:30am.

The DS30 index, comprising blue chips, advanced 13 points to reach at 2028 points. The DSE Shariah Index (DSES) also rose 11 points or 0.86 per cent to reach at 1,270 points till then.

Turnover, the important indicator of the market, stood at BDT 764 million when the report was filed at 10:30am.
Of the issues traded till then, 188 advanced, 31 declined and 32 remained unchanged.

Intraco Refueling Station was the most traded stocks till then with shares worth BDT 82 million changing hands, closely followed by Legacy Footwear BDT 48 million, Western Marine Shipyard BDT 37 million, Berger Paints BDT 35 million and Shepherd Industries BDT 29 million.

The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw upward trend till then with CSE All Share Price Index- CASPI-gaining 79 points to stand at 16,808 points, also at 10:30am.

The Selective Category Index – CSCX –also rose 49 points to stand at 10,169 points till then.

Of the issues traded till then, 47 gained, 21 declined and 5 issues remained unchanged with BDT 24 million in turnover.