Dhaka, March 16 -- Stocks opened marginally higher on Monday as bargain hunters returned to buy undervalued blue-chip stocks, although overall sentiment remained subdued amid the ongoing Middle East war.

The market opened higher, aided by price appreciation in some large-cap stocks, as opportunistic investors expect post-Eid market stability amid a ceasefire in the Middle East.

Moreover, pre-Eid selling pressure eased slightly, as it was the last trading day before the Eid holidays. The market will remain closed from March 17 to March 23 due to Eid-ul-Fitr.

The prime index of the Dhaka Stock Exchange (DSE) rose by 25 points, or 0.47 per cent, to 5,344 within the first two hours of trading at 12:00 noon, when the report was filed.

The ...