Stocks in Bangladesh continued to rise in the first hours of trading today thanks to the regulator’s decision of not allowing any stock to fall more than 2 per cent in a day.
Yesterday, the Bangladesh Securities and Exchange Commission (BSEC) has lowered the circuit breaker limit to 2 per cent from 10 per cent in order to curb the free-fall of stocks amid the war between Russia and Ukraine.
Today, the DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), rose 88 points, or 1.36 per cent, to 6,562 until 12.01 pm.
At the DSE, 328 stocks advanced, 22 declined and 25 remained unchanged.
The Chittagong Stock Exchange (CSE) also rose today. The CASPI, the main index of the CSE, rose 178 points, or 0.94 per cent, to 19,196.
Among the 204 stocks traded, 159 increased, 33 fell and 12 remained the same.
(TDS)