Stock Market

Turnover declined by 25% to Tk 729 crore during the session at the DSE, which had been Tk977 crore in the previous session

Energypac Power Generation’s bidding to fix the cut-off price of shares commences today (Monday) while share bidding of Mir Akhter Hossain, a construction company, is set to open September 27.

Asian markets were mixed Friday as investors struggled to reignite the rally that has characterised much of the past six months, owing to a stuttering economic recovery and US lawmakers’ failure to agree a new stimulus.

Stocks on both the bourses witnessed an upward trend in the early trading on Wednesday as optimistic investors showed their appetite on sector-wise issues.

Shares from over 1200 BO accounts of the clients of Crest Securities have so far been transferred into their link accounts, as the brokerage house remained shuttered since its owners went into hiding after allegedly embezzling funds and shares of the clients. 

The stock market regulator continued with its tough stance on gamblers and came up with a number of conditions for junk stocks and slapped big fines on several companies as part of the clampdown on the wrongdoers

Stock prices are soaring with the core index of the major bourse hitting a 12-month high in the outgoing week as investors put fresh stakes in stocks amid high expectation.

Market insiders say growing investors’ confidence, buoyed by the campaign of the new leadership of the Bangladesh Securities and Exchange Commission (BSEC) against manipulation, mandatory shareholding issues and plans related to junk stocks had encouraged investors

World shares struggled to stabilise on Tuesday as doubts about a recovery in tech stocks lingered after last week’s rout, while the dollar steadied as investors pondered whether policy signals from the European Central Bank this week could weaken the euro, reports Reuters.

The securities regulator has issued a new directive on financial reporting and disclosure of mutual funds (MFs) and asset managers to enhance transparency in disclosure for the interest of investors and capital market.