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Stocks opened higher on Monday after a three-day fall as investors put fresh bets on lucrative shares.
After the first one and a half hours of trading, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by more than 30 points or 0.55 per cent to 5,513 at 11:30 am, when the report was filed.
Market analysts said the optimistic investors are taking positions on downbeat stocks.
The blue-chip DS30 index, a group of 30 prominent companies, also gained 12 points to 1949 and the DSES index, which represents Shariah-based companies, rose 6 points to 1,208.
Turnover, another important indicator of the market, stood at Tk 2.6 billion at 11:30 am.
Of the issues traded till then, 239 advanced, 82 declined, and 62 issues remained unchanged on the DSE trading floor.
Orion Infusion was the most traded stock with shares worth Tk 460 million changing hands when the report was filed.
The Chittagong Stock Exchange (CSE), however, saw a downturn with its All Shares Price Index (CASPI)—losing 14 points to stand at 15,646 while the Selective Categories Index – CSCX shed 8 points to reach 9,417.
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