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Stocks opened higher on Wednesday, as optimistic investors were putting fresh funds on lucrative shares in anticipation of short-term gain.
A section of 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 16 points or 0.28 per cent to 5,697 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 6 points to 2,075 and the DSES index, which represents Shariah-based companies, rose 6 points to 1,244 till then.
Turnover, another important indicator of the market, stood at Tk 1.38 billion till then.
Of the issues traded till then, 202 advanced, 110 declined, and 71 issues remained unchanged on the DSE trading floor till then.
Sonali Aansh Industries was the most traded stock till then with shares worth Tk 167 million changing hands.
The Chittagong Stock Exchange also saw positive trend till then with its All Shares Price Index (CASPI)—gaining 1 point to stand at 16,077 while the Selective Categories Index – CSCX gained 5 points to reach 9,693 till then.