Bangladesh
a month ago

Stocks open higher as normalcy returns

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Stocks opened higher on Thursday, after a big fall in the previous day, as normalcy is returning gradually amid broadband internet restoration across the country.

After the first hour of trading, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by more than 26 points or 0.48 per cent to 5,376 at 12:00 pm, when the report was filed.

The blue-chip DS30 index, a group of 30 prominent companies, also gained 12 points to 1921 and the DSES index, which represents Shariah-based companies, rose 6 points to 1,176 till then.

Turnover, another important indicator of the market, stood at Tk 2 billion after the first hour of trading.

Of the issues traded till then, 203 advanced, 120 declined, and 58 issues remained unchanged on the DSE trading floor till then.

Orion Infusion was the most traded stock till then with shares worth Tk 200 million changing hands.

The Chittagong Stock Exchange also opened higher, with its All Shares Price Index (CASPI) gaining 20 points to 15,379 and the Selective Categories Index (CSCX) rising 12 points to 9,254 till then.

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