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 Thursday investors are showing buying spree on sector specific stocks.

Following the previous day’s negative note, 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 advanced more than 10 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 38 points at 10:45am.

After 30 minutes of trading, the DSEX advanced more than 15. Points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 53 points at 11:00am when the report was filed.

DSEX, the prime index of the DSE, went up by 15.32 points or 0.28 percent to reach at 5,545 points at 11:00am.

Two other indices also saw positive trend till then. The DS30 index, comprising blue chips, advanced 0.24 points to reach at 1,932 points and the DSE Shariah Index rose 4.73 points to stand at 1,280 points at 11:00am.

Turnover, the important indicator of the market, stood at BDT 2.52 billion on DSE when the report was filed at 11:00am.

Active Fine Chemicals was the most traded stocks till then with shares worth BDT 354 million changing hands, closely followed by IFAD Autos BDT 323 million, Khulna Power BDT 300 million, Shasha Denims BDT 126 million and BBS Cables BDT 112 million.

Of the issues traded till then, 140 advanced, 73 declined and 41 remained unchanged on the DSE trading floor.

The port city’s bourse – the Chittagong Stock Exchange – (CSE) saw positive trend till then with CSE All Share Price Index- CASPI-advancing 53 points to stand at 17,112, also at 11:00am.

The Selective Category Index – CSCX –also gained 31 points to stand at 10,369 points till then.

Of the issues traded till then, 43 gained, 24 declined and 07 issues remained unchanged with BDT 40 million in turnover.