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Stocks opened higher on Thursday, with the key index crossesd the 5700-mark in the early hour, as optimistic investors put fresh funds on selective large-cap shares in anticipation of short-term gain.
A section of investors are optimistic about the return of good governance in the market as the massive reforms underway in the financial sectors, including the capital market.
Following the previous day's rise, the prime index of the Dhaka Stock Exchange (DSE), went up by 31 points or 0.55 per cent to 5,725 within the first hour of trading at 11:00am, when the report was filed.
The blue-chip DS30 index, a group of 30 prominent companies, also gained 15 points to 2,092 and the DSES index, which represents Shariah-based companies, rose 6 points to 1,251 till then.
Turnover, another important market indicator, stood at Tk 1.75 billion till then.
Of the issues traded till then, 251 advanced, 76 declined, and 62 issues remained unchanged on the DSE trading floor till then.
Orion Infusion was the most traded stock till then with shares worth Tk 116 million changing hands.
The Chittagong Stock Exchange also saw a positive trend till then with its All Shares Price Index (CASPI)—gaining 14 points to stand at 16,131 while the Selective Categories Index – CSCX gained 8 points to reach 9,722 till then.