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Dhaka stocks opened higher while Chittagong socks down after the first hour of trading on Sunday, as investors were cautiously trading ahead of earnings disclosures.
However, many investors are optimistic about the return of good governance in the market as massive reforms are underway in the financial sectors, including the capital market.
The prime index of the Dhaka Stock Exchange (DSE), went up by 8 points or 0.14 per cent to 5,687 within the first hour of trading at 11:00 am, when the report was filed.
The blue-chip DS30 index, a group of 30 prominent companies, also gained 5 points to 2,105 and the DSES index, which represents Shariah-based companies, rose 3 points to 1,242 till then.
Turnover, another important indicator of the market, stood at Tk 1.64 billion till then.
Of the issues traded till then, 208 advanced, 124 declined, and 53 issues remained unchanged on the DSE trading floor till then.
Square Pharma was the most traded stock till then with shares worth Tk 93 million changing hands.
The Chittagong Stock Exchange, however, saw a sharp fall till then with its All Shares Price Index (CASPI)—losing 114 points to stand at 16,122 while the Selective Categories Index – CSCX shed 68 points to reach 9719 till then.
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