Sunday, November 17, 2024

Stocks rise but turnover drops

The participation of some institutional investors on Monday kept the Dhaka stocks afloat, although the turnover of the bourse slumped to one-and-a-half-month low due to lack of participation of general investors. The DGEN, the benchmark general index of Dhaka Stock Exchange, gained 103.78 points, or 1.69 per cent, to close the day at 6,223.94 points, ... Read more

Stocks: a week in red ink

Dhaka stocks declined 4.98 percent last week, triggered by panic sell-offs. Fears of a further market fall ran deep among investors. The benchmark general index, DGEN of DSE, closed at 6,259 points, after declining 327.91 points for huge sell-offs. In an attempt to bring more discipline to the market, the Security and Exchange Commission

Investors take to streets again in fear of another debacle

DGEN plummets by 174 points, SEC advises investors not to panic Aggrieved share investors staged rowdy demonstrations on the streets of Motijheel on Tuesday when the general index of Dhaka Stock Exchange plummeted by 174.65 points, stretching the bear-run to seventh day because of panic-driven sell-offs. Some of the investors could not hold their nerve ... Read more

DSE falls for 6th day on rumour of large-scale disinvestment

A panic caused by a rumour that some of the heavyweight players were going for massive disinvestment following the news that the Securities and Exchange Commission was preparing to take legal actions against market manipulators during the last stocks debacle pulled down the Dhaka stocks on Monday. The benchmark general index of the Dhaka Stock ... Read more

DSE opens corporate governance dept

The Dhaka Stock Exchange on Sunday opened corporate governance and financial reporting department to bring more transparency among listed companies. Securities and Exchange Commission chairman Khairul Hossain inaugurated the department which will examine mainly financial reports submitted by the listed firms. The listed firms are required to

Stocks end the week in red

Stocks returned to the red as trading sessions advanced toward the close last week, ending a five-week gaining streak. Profit-taking pushed down market indices. The benchmark general index of Dhaka Stock Exchange, DGEN, capped the week at 6,587, declining 73 points or 1.10 percent. The yardstick of the premier bourse gained 884 points or 15.15 ... Read more

Listed SoEs start offloading additional shares

Meghna Petroleum, Jamuna Oil to offload 1.07 crore shares from today Two state-owned enterprises listed with the Dhaka bourse will today start offloading additional shares as part of the government’s measure to increase the quantum of shares in the market. The state-run Bangladesh Petroleum Corporation on Tuesday announced that it would offload more shares of ... Read more

Stocks pass four bullish weeks

Stocks gained for a fourth week with high turnover due to active participation of small and institutional investors and the possibility of an increased inflow of money into the market. The benchmark general index, DGEN, gained 4.22 percent or 266 points, to end the week at 6,578. The yardstick of DSE gained 13.89 percent or ... Read more

Stock turnover hits six-month high

Stocks gained for a fourth day with a high turnover as investors went for fresh buying of shares hopping that the market will gain gradually despite a 30-hour countrywide shutdown. The turnover on the premier bourse rose to Tk 1,646 crore, a six-month high. That was a 22.1 percent rise from the previous day’s Tk ... Read more

DSE turnover tops Tk 1,100cr after two and a half months

Turnover of the Dhaka Stock Exchange on Sunday crossed the Tk 1,100-crore mark again after two and a half months while the bourse’s general index continued to rise for the fifth consequent day as both individual and institutional investors went on a buying binge on the hope that the market would rally further. Market operators ... Read more