Stocks open higher on increased participation
Bangladesh, Nov. 5 -- Stocks opened higher on Thursday as bargain hunters picked up recently battered shares, helping restore some investor confidence, although persistent uncertainties and lingering caution continued to weigh on overall market sentiment.
The Bangladesh Securities and Exchange Commission's (BSEC) decision to ease trading restrictions on selected beneficial owner (BO) accounts that had remained frozen for the past two years, coupled with a decline in global oil prices, also helped lift investor sentiment.
The benchmark Dhaka Stock Exchange (DSE) index, the DSEX, gained 28 points, or 0.52 per cent, to reach 5,369 at 11:30 am when the report was filed.
The blue-chip DS30 index advanced 7 points to 2,044, while the DSES i...
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