Bangladesh, July 28 -- Stocks opened higher on Tuesday as bargain hunters continued accumulating fundamentally strong and selective shares, encouraged by optimism surrounding the ongoing quarterly earnings season.

Advertisement Market operators said investor sentiment improved after geopolitical tensions eased somewhat, with the United States and Iran agreeing to resume talks. Expectations of strong quarterly earnings from sector-specific stocks also prompted investors to inject fresh funds into the market.

By 11:00 am, DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), had gained 42 points, or 0.72 per cent, to 5,882, supported by buying in large-cap and fundamentally strong stocks.

Trading activity remained buoyant, with t...