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Stocks opened higher on Wednesday as optimistic investors put fresh funds on lucrative shares.
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.
Following the day's upbeat note, the prime index of the Dhaka Stock Exchange (DSE), went up by 31 points or 0.55 per cent to 5,734 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 5 points to 2,120 and the DSES index, which represents Shariah-based companies, rose 7 points to 1,242 till then.
Turnover, another important indicator of the market, stood at Tk 2.13 billion.
Of the issues traded till then, 282 advanced, 70 declined, and 39 issues remained unchanged on the DSE trading floor.
Agni System was the most traded stock with shares worth Tk 84 million changing hands.
The Chittagong Stock Exchange (CSE) also saw a positive trend till then with its All Shares Price Index (CASPI)—gaining 54 points to stand at 16,181 while the Selective Categories Index – CSCX gained 31 points to reach 9755.