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 as investors are showing their buying appetite on sector-wise stocks.

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

Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 15 points while the CSE All Share Price Index (CASPI) of port city’s bourse gained 35 points at 10:45am.

After 30 minutes of trading, the DSEX advanced more than 24 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 50 points at 11:00am when the report was filed.

DHAKA STOCK EXCHANGE
DSEX, the prime index of the DSE, went up by 24.18 points or 0.43 percent to reach at 5,586 points at 11:00am.

The DS30 index, comprising blue chips, also gained 6.61 points to reach at 1,962 points.

The DSE Shariah Index rose 6.76 points to stand at 1,286 points till then.

Turnover, the important indicator of the market, stood at BDT 1.66 billion on DSE when the report was filed at 11:00am.

Khulna Power Company was the most traded stocks till then with shares worth BDT 261 million changing hands, followed by The Peninsula Chittagong BDT 116 million, Oimex Electrode BDT 66 million, Nahee Aluminum BDT 61 million and IFAD Autos BDT 55 million.

Of the issues traded till then, 171 advanced, 70 declined and 42 remained unchanged on the DSE trading floor.

CHITTAGONG STOCK EXCHANGE

The port city’s bourse – the Chittagong Stock Exchange – (CSE) saw positive trend till then with CSE All Share Price Index- CASPI-gaining 50 points to stand at 17,193, also at 11:00am.

The Selective Category Index – CSCX –also gained 31 points to stand at 10,417 points till then.

Of the issues traded till then, 58 gained, 31 declined and 16 issues remained unchanged with BDT 40 million in turnover.

BBN/SSR/SR