Stock Market

The Bangladesh Securities and Exchange Commission (BSEC) has issued a directive saying that perpetual bonds which will be issued by the banks must be listed on the bourses through the direct listing method in order to increase liquidity in the market.

Stocks opened sharply higher on Wednesday with the key index of the Dhaka Stock Exchange (DSE) crossing the 5900-mark in early trading as investors continued their buying spree on major sector stocks.

Stocks opened marginally lower on Tuesday as risk-averse investors opted for booking profits on quick-gaining issues.

The power company is raising Tk225 crore from the public via the book-building method

The Bangladesh Securities and Exchange Commission has imposed the regular circuit breaker on any newly listed company from the first trading day, replacing the maximum 50 per cent price movement in the first two trading sessions.

Stock trading can continue until 1:30 pm

Stocks opened higher on Thursday as bargain hunters showed their buying appetite riding on the regulatory move and expected corporate declaration by some listed companies.

The stock market regulator has appointed two independent directors to Agni Systems in compliance with mandatory shareholding rules as the company’s sponsor-directors failed to hold minimum 30 per cent shares.

Most Asian markets mostly rose Monday following a strong end to last week on Wall Street as traders turned their attention to the Federal Reserve’s latest policy meeting and earnings from corporate giants.

Stocks opened marginally higher on Wednesday as optimistic investors continued their buying appetite on sector-wise issues as virus lockdown worries eased somewhat.