Stocks gained for a fourth day as the government has recently given a green light to undisclosed money to be invested in the market. “The government decision will help increase the tempo of industrialisation and exports as well as establish its Vision 2021,” said Shakil Rizvi, president of Dhaka Stock Exchange, in
dhaka stock exchange
Undisclosed money investment decision propels stocks
DSE turnover hits two-and-a-half month high Turnover of the Dhaka Stock Exchange on Wednesday hit a two-and-a-half month high and the stocks extended gains for the third day on buying spree after the government allowed legalisation of undisclosed money by investing in the capital market, market operators said. The Finance Bill 2011 passed on Tuesday ... Read more
Stocks bounce back from deep loss
Stocks rebounded as investors used low prices as an opportunity to buy shares, a day after the stockmarket suffered a massive slide. The benchmark general index of Dhaka Stock Exchange (DGEN) gained 228 points, or 4.02 percent, to close at 5,904 points
Investors take to streets again as stocks plunge
Share market investors took to the streets in rowdy demonstrations again on Wednesday protesting at the free fall of share prices as the Dhaka stocks plunged by 151.74 points on the day. They shouted slogans demanding immediate resignation of the finance minister, the Bangladesh Bank governor and the Dhaka Stock Exchange
Experts lambast govt for apathy to mend stock meltdown
Experts on Wednesday came down heavily on the government for taking no steps at all to stabilise the country’s capital market, blaming its foot-dragging over reforming the Securities and Exchange Commission and indifference to re-infuse investors with fresh confidence for the continued reign of volatility over the market for five long
DSE witnesses lowest turnover in 2011
Bearish trend at the Dhaka Stock Exchange (DSE) continued to affect the general investors for the fourth straight weeks amid lowest average daily turnover in this year till date through the much talked ‘Bangladesh Fund’ started its operation Thursday. “The largest ever mutual fund which was floated mainly to bring back stability in stock market
Banking Division offers recipe for stockmarket
The Banking Division of the finance ministry has recommended 11 steps to the government as measures to curb stockmarket manipulation. The recommendations were based on a review of a report submitted by a stockmarket probe committee. According to the Banking Division, a law should be in place to regulate the issue of preference
Investors’ anger deepens as stocks fall further
The long-brewing anger of the retail investors intensified further on Thursday as the Dhaka stocks plunged for the third day at a stretch, with all the government measures failing to stabilise the capital market, operators said. The general index of Dhaka Stock Exchange slid 217.54 points, or 3.61 per cent, to 5,800.93
Stocks pass chaotic week
Govt sits with merchant bankers today The government sits today with merchant bankers to find ways to bring stability to the troubled stockmarket. The officials of the market regulator will also be present during the talks. The last week went through chaos, as the general index of the prime bourse plunged 9.21 percent amid credit ... Read more
Bear run at DSE, protests on
The bear run and investors’ demonstrations continued at the Dhaka Stock Exchange on Thursday, the last trading day of the week, belying the finance minister’s assurance that the capital market would be stabilised by the week. Hundreds of investors took to the streets at Motijheel for the fifth day after the
DSE’s market capitalisation declines by Tk 84,460cr
The market capitalisation of Dhaka Stock Exchange has declined by Tk 84,460 crore over the past one and a half months, with its general index losing 2,592 points due to the ongoing volatility in the country’s securities market. The market capitalisation of the country’s premier bourse came down to Tk 2,83,611 crore on