Dhaka, July 9 -- Stocks witnessed an upward trend in early trading on Thursday as optimistic investors showed their appetite following the minimum shareholding ultimatum by the stock market regulator.

Within 30 minutes of trading, DSEX gained more than 22 points while the CSE All Share Price Index (CASPI) of port city's bourse rose 59 points at 11:00 am when the report was filed.

DSEX, the prime index of the DSE, went up by 22.50 points or 0.55 per cent to stand 4,057 points at 11:00 am.

Turnover, the important indicator of the market, stood at Tk 1.18 billion on DSE when the report was filed at 11:00 am.

Market operators said the securities regulator's ultimatum to non-compliant directors of listed firms to ensure holding of minimum ...