Stock Market

A commissioner of the securities regulator has urged the stakeholders to refrain from making ‘illogical’ and ‘unnecessary’ comments which generate debate in the stock market.

The benchmark index of the Dhaka Stock Exchange (DSEX) crossed the 6500-mark for the first time on Tuesday since its inception in eight years back as investors continued their buying spree on major sector issues.

Stocks witnessed a downward trend in early trading on Thursday as cautious investors are booking profit on sector-wise issues following reduced trading days news next week. 

Stocks bounced back in a gaining streak on Wednesday, after two-day marginal correction, as investors showed their buying interest on sector-specific issues based on the latest corporate declarations.

Bangladesh is now recognised as an attractive destination for investment in the world, says Shibli Rubayat-Ul-Islam, chairman of the Bangladesh Securities and Exchange Commission (BSEC).

Stocks closed higher yesterday following a five-day break for Eid-ul-Azha as trading resumed amid the government-imposed coronavirus containment measures.

Trading at the stock exchanges will resume tomorrow amid the ongoing 14-day countrywide lockdown that began on July 23.

The prime index of the Dhaka Stock (DSEX) surpassed the 6,300-mark on Thursday as buying binge added strength to the equity indices despite worries over the virus-infused shock to the country’s economy.

Stocks opened higher on Wednesday as investors continued their buying spree on major sector issues riding on the news of the resumption of vaccine roll-out and relaxed lockdown.

On June 23, buy orders were placed in the early hours of the trading day at the Dhaka Stock Exchange (DSE) to purchase around seven crore shares of Malek Spinning. The targeted scrips accounted for about 80 per cent of the total tradable securities of the company.