Dhaka, April 28 -- Stocks ended higher on Sunday, snapping a recent bearish vibe, as the news of the reappointment of the stock market regulator chairman has boosted the investors' confidence to some extent.

Professor Shibli Rubayat-Ul Islam has been reappointed as the chairman of the Bangladesh Securities and Exchange Commission (BSEC) for another four-year term.

The Financial Institution Division of the Ministry of Finance issued a circular in this regard on Sunday.

Following the news, the market opened higher as bargain hunters favoured taking positions in lucrative issues in anticipation of a potential turnaround.

DSEX, the key index of the Dhaka Stock Exchange (DSE), finally went up more than 97 points or 1.76 per cent to settle ...