Bangladesh, July 15 -- Stocks opened higher on Wednesday, extending the previous session's gains as investor confidence strengthened following a series of market-supportive regulatory reforms and fiscal measures.

Advertisement The Bangladesh Securities and Exchange Commission (BSEC) on Tuesday approved several investor-friendly initiatives, including the introduction of scrip netting for intraday trading and amendments to the Margin Rules aimed at making margin lending more flexible and investor-friendly, which further boosted investor confidence.

By 11:00 am, DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), had gained 54 points, or 0.91 per cent, to 5,965, supported by strong buying in large-cap and fundamentally sound sto...