Stocks witnessed upward trend in early trading on Wednesday as investors are showing their buying spree on banking sector stocks.
Following the previous two days’ upturn, the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) opened higher amid rising turnover activities.
Within first 15 minutes of trading, the key index of the country’s prime bourse advanced more than 22 points while the Selective Category Index of port city bourse rose 22 points at 10:45am.
After 30 minutes of trading, the DSEX gained more than 13 points while the Selective Category Index of port city bourse rose 34 points at 11:00am when the report was filed.
DSEX, the prime index of the DSE, went up by 13.63 points or 0.14 per cent to stand at 6,143 points at 11:00am.
The two other indices also saw positive trend till then. The DS30 index, comprising blue chips advanced 3.10 points or 0.14 per cent to 2,214 points.
The DSE Shariah Index (DSES) rose 1.35 points or 0.10 per cent to stand at 1,330.
Turnover, the important indicator of the market, stood at Tk 1.37 billion after 30 minutes of trading when the report was filed at 11:00am.
Of the issues traded till then, 126 advanced, 78 declined and 57 remained unchanged.
Uttara Bank was the most traded stocks till then with shares worth Tk 137 million changing hands, closely followed by Oimex Electrode Tk 88 million, City Bank Tk 82 million, BBS Cables Tk 58 million and Dhaka Bank Tk 46 million.
The port city bourse – the Chittagong Stock Exchange – (CSE) also saw positive trend till then with its Selective Category Index – CSCX –advancing 34 points to stand at 11,545 points, also at 11:30am.
Of the issues traded till then, 59 gained, 19 declined and 17 remained unchanged with Tk 37 million in turnover.