Dhaka, Feb. 13 -- Stocks opened with a positive trend on Thursday, as opportunistic investors continued taking positions in sector-specific scrips in anticipation of quick gains.
The market recovery was largely supported by fundamentally strong stocks, driven by favorable quarterly earnings disclosures from some of the companies.
Better-than-expected earnings disclosures from sector-specific stocks, along with a market-supportive monetary policy statement, have somewhat invigorated the market from its weakened momentum, said a stockbroker.
As a result, buyers remained on the dominant side as opportunistic investors sought oversold stocks, which they deemed lucrative at the prevailing price levels.
Following the previous day's marginal...
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