Five big listed companies are strong enough to push the price indices up or down on a single trading day. It was seen in yesterday’s trading also. The benchmark index of the Dhaka Stock Exchange, DGEN, gained 134 points, to which the contribution of the top five firms was more than
dhaka stock exchange
DSE turnover tops Tk 1,100cr
Dhaka stocks surged on Sunday as the investors went on a buying spree when the turnover crossed Tk 1,100 crore mark after five months. DGEN, the benchmark general index of the Dhaka Stock Exchange, gained 3.02 per cent or 135.21 points, to close the day at 4,565.72 points
DSE turnover tops Tk 900cr again
Dhaka stocks gained on Tuesday amid active participation of the large-scale investors with the turnover of the bourse crossing Tk 900 crore after four and a half months. DGEN, the benchmark general index of Dhaka Stock Exchange, gained 1.30 per cent, or 56.73 points, to close the day at 4,413.90 points
Foreign investment in stocks almost doubles
Foreign investments in the Dhaka stockmarket almost doubled to Tk 137 crore in July from the previous month, as foreign fund managers and investors considered Bangladesh lucrative for long-term investment. “Foreign investors took up fresh investments buoyed by the fact that most of the fundamentally strong stocks have become lucrative,” said Rakibur Rahman, president of ... Read more
Dhaka stocks surge after Eid vacation
DSE turnover hits 4-month high Dhaka stocks surged on Sunday with the turnover hitting a four-month high as both retail and institutional investors went on a buying spree hoping that the market would remain stable for a while. DGEN, the benchmark general index of Dhaka Stock Exchange, gained 2.98 per cent, or 127.09 points, to ... Read more
Stocks gain for 2nd day amid volatility
Dhaka stocks gained for the second day on Thursday amid volatility as the investors still remained skeptical about the market following legal battle over securities law. DGEN, the benchmark general index of Dhaka Stock Exchange, gained 0.72 per cent, or 34.29 points, to close at 4,734.33 points
Stocks break six-day losing streak on regulators’ intervention
Dhaka stocks gained on Wednesday breaking a six-day losing streak following desperate efforts by market regulators and the Dhaka bourse to prop up the market with the help of institutional support. DGEN, the benchmark general index of Dhaka Stock Exchange, gained 1.48 per cent, or 68.85 points, to close at 4,700.03 points. In the
Stocks on free fall amid street protest
Dhaka stocks continued to slide for the fifth straight day on Monday amid street protest by aggrieved investors against the latest spell of free fall of share prices in the market. DGEN, the benchmark general index of Dhaka Stock Exchange, lost 1.48 per cent, or 70 points, to close at 4,645.61 points. In the last ... Read more
Stocks dip further as investors wait for CJ’s decision on writs
Dhaka stocks continued to plunge on Sunday, four days in a row, as investors agonizingly waited for a decision of the Chief Justice on five writ petitions filed against a provision of the Securities and Exchange Commission Ordinance 1969. DGEN, the benchmark general index of Dhaka Stock Exchange, lost 1.71 per cent, or
Stocks fall for fourth week amid political, legal battle worries
Dhaka stocks extended losses last week, fourth week in a row, as tensions on the political front and worries over a legal battle on mandatory shareholding continued to haunt investors. DGEN, the benchmark general index of Dhaka Stock Exchange, lost 1.67 per cent, or 84.84 points, to close the week at 4,991.79 points
Stocks fall ahead of HC hearing
Dhaka stocks fell on Tuesday as many of the investors went for sell-offs ahead of the High Court hearing of the writ petitions against the Securities and Exchange Commission rule of mandatory shareholding. DGEN, the benchmark general index of Dhaka Stock Exchange, lost 0.73 per cent, or 36.94 points, to close the day at 5,020.21 ... Read more
Stocks return to positive zone with low turnover
Dhaka stocks gained on Monday amid low turnover as directors of nine listed companies announced to buy more than 3 crore shares to comply with the regulator’s mandatory shareholding rule. DGEN, the benchmark general index of Dhaka Stock Exchange, gained 1.10 per cent, or 55.34 points, to close the day at 5,057.15 points
Stocks plunge again over legal battle worries
Dhaka stocks fell sharply on Sunday after Thursday’s heavy gains as investors remained jittery about the outcome of the legal battle over the mandatory shareholding rule for the listed company directors. DGEN, the benchmark general index of Dhaka Stock Exchange, lost 1.47 per cent, or 74.81 points, to close the day at 5,001.81 points
Stocks skyrocket as concern over legal battle eases
Dhaka stocks skyrocketed on Thursday after two days of sharp fall as one of the writ petitioners withdrew his case that was filed challenging the mandatory shareholding rule for listed company directors. DGEN, the benchmark general index of Dhaka Stock Exchange, gained 3.57 per cent, or 175.02 points, to close at 5,076.62 points
Stocks sink below 5,000pt as legal battle haunts investors
The general index of the Dhaka Stock Exchange on Wednesday plunged below 5,000 points again as investors, panicked by the legal battle over the minimum shareholding rule for the directors of listed companies, went for sell-offs amid fresh street protests. The DGEN, the benchmark index of the bourse, lost 3.32 per cent, or 168.68 points, ... Read more
15 new securities enter stockmarket
Fifteen new securities found their way into the stockmarket this year, up from 13 last year, although the market showed clear signs of volatility in 2011 with twin price debacles. Eight equity securities, six mutual funds or investment securities and a convertible bond came to the stockmarket, according to data from Dhaka Stock Exchange. The ... Read more
Stock market stimulus package announced
The Security and Exchange Commission on Wednesday announced the stock market stimulus package which included some immediate steps to the relief of mostly institutional inventors and pledges for some special schemes for non-institutional investors. The commission chair, M Khairul Hossain, in the afternoon announced a number of steps
Stocks plunge ahead of stimulus announcement
Speculation over non-inclusion of CRR, SLR reduction spread panic Dhaka stocks plunged by 224 points on Wednesday in late panic-driven selling following a rumour in mid-session that the government’s stimulus package which would be announced after trading hours would not include reduction of banks’ cash reserve requirement and statutory liquidity ratio. DGEN, the benchmark general ... Read more
DSE turnover crosses Tk 8b mark
Buoyed by a number of measures to lift the stockmarket, turnover at the Dhaka Stock Exchange crossed Tk 8 billion on Tuesday, surpassing by a staggering nearly Tk 3 billion transaction of the day before. The bullish run has been continuing for the past couple of days after the bourse authority and the National Board ... Read more
Stock index hits 2-year low
Prompts agitating investors to demo in front of SEC Capital market investors on Monday staged demonstrations on the streets in Motijheel and in front of the Dilkusha office of the Securities and Exchange Commission as the stock prices on the Dhaka bourse went on a free fall and its general index fell to below the ... Read more