Stock market opens higher, continues upward momentum

Dhaka, 12 Feb - Trading at the Dhaka and Chattogram stock exchanges began on a positive note on Wednesday, with most company shares seeing price gains.

At the opening of trading on the Dhaka Stock Exchange (DSE), the benchmark index DSEX rose by 11 points.

The Shariah-based DSES index increased by 2 points, while the blue-chip DS30 index gained 1 point.

At the beginning of the session, share prices of 197 companies advanced, while 106 declined and 77 remained unchanged.

During the first hour of trading, shares and units worth over Tk 120 crore changed hands on the DSE.

Meanwhile, the Chattogram Stock Exchange (CSE) also opened higher, with its overall index increasing by 3 points.

Among the 99 companies traded, share prices of 31 rose, 51 declined, and 17 remained unchanged.

The total value of shares and units traded at the start of the session surpassed Tk 4 crore.