Dhaka stocks declined on Tuesday with an increased turnover as investors sold off shares to purchase the shares of Bengal Windsor Thermoplastics Ltd which made its debut on the day. The turnover of Dhaka Stock Exchange increased to Tk 219.78 crore from Tk 206.98 crore in the previous trading session.
dhaka stock exchange
DSE appoints new CEO
Swapan Kumar Bala, a Dhaka University professor of accounting and information systems department, joined Dhaka Stock Exchange as chief executive officer on Monday, a DSE press release said. Bala has 22 years of experience in the field of accounting as a teacher, the DSE press release said. The post of CEO of DSE fell vacate ... Read more
Stocks return to positive zone after two weeks
Dhaka stocks gained slightly last week amid higher turnover as bargain hunters went on buying shares in cheap rate after massive fall of prices in the previous two weeks. DSEX, the benchmark general index of Dhaka Stock Exchange, gained 2.34 per cent or 82.17 points, to close at 3,590.03 points.
DSE to seek 5-year tax exemption after demutualisation
Dhaka Stock Exchange, the country’s premier bourse, will seek a five-year tax exemption in an effort to make it a profitable and attractive organisation to investors after demutualisation, DSE leaders said here on Saturday. ‘We’ll seek a five-year tax exemption in the next budget. We’ve a specific proposal on it,’ DSE president M Rakibur Rahman ... Read more
Stocks fall amid poor turnover
Dhaka stocks declined on Thursday after three sessions on the up as the turnover fell significantly amid thin participation of the investors. The turnover of the Dhaka Stock Exchange declined to Tk 148.10 crore, a 29.41 per cent decrease from the earlier trading session’s Tk 209.80 crore.
Stocks go up as turnover hits Tk 200cr mark after a month
Dhaka stocks gained for the third trading session on Wednesday as the turnover hit the Tk 200 crore mark after a month riding on active participation of the investors thanks to the regulator’s decision to relax the margin rules. The turnover of the Dhaka Stock Exchange on
Stocks gain on fresh bank investment rumours
Dhaka stocks gained for the second trading session on Tuesday despite the continuous strike following rumours that the banks might make fresh investments in the capital market as the call-money rate declined to 7 per cent. The benchmark general index of
Stocks inch up amid higher turnover
Dhaka stocks gained on Monday after two sessions in the red as the participation of the big investors, including the Investment Corporation of Bangladesh, kept the market afloat. The benchmark general index of the Dhaka Stock Exchange, DSEX, gained 0.62 per cent, or 21.82 points, to close at 3,515.09 points on Monday.
Foreign investments in stocks drop in March
Foreign investment in the Dhaka Stock Exchange declined last month amid political unrest across the country. According to Dhaka Stock Exchange data, the net foreign investment declined to Tk 90.53 crore in March from the previous month’s Tk 103.56 crore while it was Tk 99.72 crore in January. Market operators said political instability and acts ... Read more
Stocks plunge for second week on political turmoil
Dhaka stocks continued to plunge for the second week as investors went for sell-offs amid political unrest and poor dividend declaration by banks. Last week, DSEX, the benchmark general index of Dhaka Stock Exchange, lost 4.72 per cent, or 173.80 points, to close at 3,507.86 points.
DSE demands Tk 5,000cr budgetary allocation
Urges policymakers to stop blame-game The Dhaka Stock Exchange on Thursday demanded Tk 5,000 crore budgetary allocation for the stock market in next budget and suspension of banks’ stock loss provisioning until 2014. ‘The finance ministry needs to allocate Tk 5,000 crore in the next budget to support the market in its crisis situation,’ DSE ... Read more
Dhaka stocks return to red on fresh political tension
Dhaka stocks ended down on Thursday after a two-day rise which was preceded by a seven-day fall due to renewed tensions on the country’s political front. The key index of Dhaka Stock Exchange, DSEX, finished at 3,507.85 points, shedding 0.51 per cent or 18.27 points. The DSEX had gained
DSE turnover hits 4-month high
Turnover of the Dhaka Stock Exchange hit a four-month high on Thursday as the bourse gained on the day amid injection of fresh funds from the institutional investors and retailers. The turnover of the bourse increased to Tk 552.42 crore from the last trading session’s Tk 482.72 crore. ‘Some new beneficiary owner accounts were opened ... Read more
New DSE indices gain in 1st week
DSE Weekly Review New DSE indices gain in 1st week After a flat week, Dhaka stocks gained last week amid significant boost in turnover as the investors were hoping that the central bank would ease the monetary policy on political consideration. DGEN, the benchmark general index of the Dhaka Stock Exchange, gained 1.51 per cent ... Read more
DSE worst performing market in 2012
Country’s premier bourse the Dhaka Stock Exchange was the worst performing stock market last year in comparison with the major stock markets across the globe. According to the latest DSE data, the bourse’s benchmark general index, DGEN, lost 20.26 per cent till November 2012, whereas other Asian and
DSE CEO resigns over board ‘interference’
The chief executive officer of Dhaka Stock Exchange, Musharraf M Hussain, on Wednesday resigned after the board of directors grilled the management team led by Musharraf on the day before over repeated ‘operational failures’. ‘I have decided to resign as the board’s approach towards the management had hurt my
Turnover hits six-month low on liquidity crunch
The dearth of liquidity took a toll on the premier bourse’s turnover, which was the lowest in six months yesterday. Turnover stood at Tk 121 crore, down 16.39 percent from the previous day’s Tk 145 crore. DGEN, the benchmark general index of Dhaka Stock Exchange, lost 0.88 percent or 36.81 points to end the day at ... Read more
Stocks gain for the second week
DSE Weekly review Stocks gain for the second week Dhaka stocks gained for the second week as the investors became optimistic after learning that the World Bank will revive the $1.2 billion loan for the Padma Multipurpose Bridge as soon as possible. DGEN, the benchmark general index of the Dhaka Stock Exchange, gained 5.58 per ... Read more
Turnover hits 14-month high on DSE
Bourse wants share sales ban on BSRM Steels’ directors Dhaka stocks gained for the second day on Wednesday with the turnover of the bourse hit a 14-month high at Tk 1,288.42 crore as investors remained hopeful about the World Bank loan for the Padma bridge. DGEN, the benchmark general index of Dhaka Stock Exchange, gained ... Read more
Stocks decline on profit taking sales
Dhaka stocks ended in a negative zone on Monday as investors went for profit-taking sales after a four-day gaining streak including yesterday’s surge in share prices. DGEN, the benchmark general index of Dhaka Stock Exchange, lost 0.36 per cent, or 16.82 points, to close the day at 4,548.89 points