The stock market index dropped for a second consecutive day yesterday while turnover of Dhaka Stock Exchange (DSE) dropped to its lowest in the past one year. The DSEX, the benchmark index of the premier bourse of the country, went down 26 points, or 0.36 per cent, to 6,694 at …
Read More »Stocks stumble for second day
Stocks entered a second session of decline while market turnover remained low yesterday as people are shaky about making investments amid the rising cost of living and production in Bangladesh. Bangladesh Bank recently issued a directive asking lenders in the country to adjust the interest on deposits so that it …
Read More »Stocks open lower amid sluggish turnover
Stocks opened on a downward trend on Monday as the cautious investors were seen selling shares amid ongoing year-end earnings and dividends declarations. Following the previous week’s modest rise, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 16.44 points or 0.24 per cent to stand …
Read More »BSEC demands accurate account of undistributed dividends
The Bangladesh Securities and Exchange Commission (BSEC) has decided that it will take action against listed companies that fail to show an accurate account of undistributed dividends. Undistributed dividends are profits of a company that have not been paid out to eligible shareholders by way of dividends. Prof Shibli Rubayat …
Read More »Markets witness volatility in early trading
Stocks witnessed volatile trading in the early hours of trading on Monday amid profit booking tendency among investors after a four-day sharp rally. Following the previous four days’ gain, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went up slightly by 0.31 points to stand at 6,766, after …
Read More »New stock circuit breaker raises questions
Stock market analysts have questioned the market intervention of the Bangladesh Securities and Exchange Commission (BSEC) to stop the freefall of stocks as the decline is not unique to Bangladesh as markets are bleeding across the country due to tensions over the Russian-Ukraine war, runaway oil prices and surging inflation. …
Read More »Stocks rising since morning
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 …
Read More »5 bodies step up to aid T-bond trading
Five bodies, including the Bangladesh Bank and the Bangladesh Securities and Exchange Commission, have reached an agreement to facilitate the trading of government treasury bonds on the Dhaka Stock Exchange smoothly. The BB, the BSEC, the Dhaka Stock Exchange, the Chittagong Stock Exchange and the Central Depository of Bangladesh signed …
Read More »Stocks tumble to two-month low
The domestic stock market yesterday plunged for the third consecutive trading session as investors continued their selling spree. The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), shed 57 points, or 0.86 per cent, to reach 6,638 by the end of the day. Having lost 115 points collectively …
Read More »Turnover leaders grab 30.72pc of weekly transaction
Top 10 turnover leaders in last week posted an aggregate amount of transaction worth Tk 11.51 billion. During the week, the companies grabbed 30.72 per cent of the weekly turnover of Dhaka Stock Exchange (DSE). In last week, the premier bourse posted a total turnover of Tk 37.46 billion which …
Read More »