Stocks soar at opening ahead of budget
Dhaka, June 1 -- The stock market opened higher on Thursday as the buoyant investors are chasing lucrative shares in anticipation of quick gains just ahead of the national budget declaration.
Finance Minister AHM Mustafa Kamal is all set to unveil the national budget for the fiscal year (FY) 2023-24 on Thursday (today) at 3:00pm.
Following the previous day's modest correction, the market opened higher and the key index of the Dhaka Stock Exchange (DSE) went up by 15.62 points to stand at 6,355, after the first hour of trading at 11:00am.
Turnover, the important indicator of the market, stood at Tk 3.70 billion within the first of trading at 11:00am when the report was filed.
Stockbrokers said the market remained afloat riding on the d...
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