Dhaka, Nov. 2 -- Stocks opened higher on Wednesday, riding on the price appreciation in some selective stocks as the securities regulator allowed investors to purchase shares before cheque encashment.

Bangladesh Securities and Exchange Commission (BSEC) on Tuesday allowed the purchase of shares against bank cheques before encashment which enhanced market participation, market insiders said.

Following the previous day's rise, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up by 23.44 points or 0.36 per cent to 6,376, after the first two hours of trading at 11:30 am.

Two other DSE indices saw positive trends till then. The DS30 index, comprising blue chips, gained 6.26 points to 2,243 and the DSE Shariah Index (DSES) rose ...