The prices of most of the shares on both the bourses witnessed an upward trend in the early hour of trading on Wednesday as some investors were showing their buying spree.
Following the previous day’s flat movement, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher with rising trading activities.
Within first 15 minutes of trading, DSEX, the key index of the country’s prime bourse advanced more than 9.0 points while the CSE All Share Price Index (CASPI) of port city’s bourse rose 12 points at 10:45am.
After 30 minutes of trading, the DSEX rose more than 11 points while the CASPI of Chattogram bourse gained 17 points at 11:00am when the report was filed.
The DSEX went up by 11.16 points or 0.19 per cent to stand at 5,743 points at 11:00am.
The DS30 index, comprising blue chips, also gained 2.61 points to reach at 2,002 points till then. The DSE Shariah Index advanced 0.51 points to stand at 1,310 points.
Turnover, the important indicator of the market, stood at Tk 1.37 billion on DSE when the report was filed.
Fortune Shoes was the most traded stocks till then with shares worth Tk 161 million changing hands, followed by Monno Ceramic, LankaBangla Finance, Nurani Dyeing, and United Power.
Of the issues traded till then, 164 advanced, 91 declined, and 38 remained unchanged on the DSE trading floor.
The Stock Exchange (CSE) also saw an upward trend till then with the CASPI gaining 17 points to stand at 17,571 points, also at 11:00am.
The Selective Category Index (CSCX) also gained 12 points to stand at 10,632 points till then.
Of the issues traded till then, 49 gained, 24 declined, and 13 issues remained unchanged with Tk 31 million in turnover.