Stocks edge higher at Dhaka, Chattogram bourses in early trading

Stocks at both the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) saw modest gains in the early hours of trading on Wednesday, buoyed by upward movement in a majority of listed company shares.

At the DSE, the benchmark index DSEX rose by 8 points within the first hour of trading. The Shariah-based index DSES added 2 points, while the blue-chip index DS30 remained largely unchanged.

Out of the traded issues on the DSE:

162 advanced

149 declined

81 remained unchanged

Turnover at the DSE surpassed Tk 400 crore during the opening hour, indicating active investor participation.

The CSE also reflected a positive trend, with its overall index gaining 44 points. Among the 139 issues traded:

56 gained

62 declined

21 remained unchanged

The turnover at the CSE stood at around Tk 3 crore in the same period.

Market analysts attributed the early gains to improved investor sentiment and selective buying in fundamentally strong stocks.

SR