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Stocks opened higher on Sunday with the key index crossing 6300-mark in early trading as bargain hunters showed their buying interest on lucrative shares in anticipation of short-term gains.
Following the previous week’s upward trend, the benchmark index of the Dhaka Stock Exchange, went up by 16.88 points to 6,316, after the first two hours of trading at 12:00 noon.
The DS30 Index, which consists of blue-chip companies, rose 3.93 points to 2,145 while the DSES index, which represents Shariah-based companies, gained 2.94 points to 1,375 till then.
Turnover, a crucial indicator of the market, also crossed Tk 3 billion-mark and amounted to Tk 3.02 billion after the first two hours.
The market witnessed buy pressure as opportunistic investors continued to show their buying interest in sector-specific issues with quick gain potential, market operators said.
Top turnover chart was dominated by small-cap stocks with Fu-Wang Food being the most-traded stocks till then with shares worth Tk 292 million changing hands, followed by Crystal Insurance, Khan brothers PP Woven Bag Industries, Gemini Sea Food and Rupali Life Insurance.
Of the issues traded, 142 advanced, 21 declined, and 138 remained unchanged till then.
The Chittagong Stock Exchange (CSE) also saw a positive trend till then with the CSE All Share Price Index – CASPI –gaining 26 points to 18,659.
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