Dhaka, May 5 -- Stocks opened higher on Monday, as bargain hunters continued buying lucrative shares after a recent price fall, with turnover reaching nearly Tk 3 billion in the first hour of trading.

Following the previous day's gain, the market opened on a positive note as anticipation of a probable market recovery built surrounding the earnings declaration of the listed companies.

DSEX, the prime index of the Dhaka Stock Exchange, went up by nearly 8 points, or 0.15 per cent to 4,964, after the first hour of trading at 11:00 am, when the report was filed.

Market analysts said the lucrative price level of fundamentally sound stocks also attracted bargain hunters, putting the market into the green zone.

However, the majority of inves...