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 Tuesday as a section of investors are showing buying spree on sector-wise stocks.

Following the previous day’s marginal correction, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened on positive note amid low trading activities.

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 14 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 39 points at 10:45am when the report was filed.

DSEX, the prime index of the DSE, went up by 14.68 points or 0.26 percent to reach at 5,599 points at 10:45am.

The DS30 index, comprising blue chips, also gained 5.08 points to reach at 1,969 points.

The DSE Shariah Index (DSES) rose 4.56 points to reach at 1,277 points till then.

Turnover, the important indicator of the market, stood at BDT 682 million when the report was filed at 10:45am.
Of the issues traded till then, 146 advanced, 41 declined and 53 remained unchanged.

United Power was the most traded stocks till then with shares worth BDT 128 million changing hands, followed by IPDC Finance BDT 68 million, National Housing Finance BDT 62 million, Alif Manufacturing Company BDT 38 million and KDS Accessories BDT 22 million.

The port city’s bourse – the Chittagong Stock Exchange – (CSE) also saw positive trend till then with CSE All Share Price Index- CASPI-gaining 39 points to stand at 17,252, also at 10:45am.

The Selective Category Index – CSCX –also advanced 24 points to stand at 10,446 points till then.
Of the issues traded till then, 43 gained, 7 declined and 7 issues remained unchanged with BDT 24 million in turnover.