Monday, May 27, 2024

Dhaka stocks gain as turnover jumps

Dhaka stocks gained on Monday amid increased turnover as the investors became optimistic about the market following a regulatory decision that eased rules for the margin account holders. The turnover of the Dhaka Stock Exchange increased to Tk 206.98 crore, which was 39.76 per cent higher than the earlier trading session’s turnover of Tk 148.10 ... Read more

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

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

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

Healthy turnover marks third gaining week of stocks

DSE Weekly Review Healthy turnover marks third gaining week of stocks Dhaka stocks continued to gain for the third week last week amid healthy turnover as participation of retail investors increased thanks to the market’s gradual uptrend. DSEX, the newly launched benchmark index of Dhaka Stock Exchange, gained 2.51 per cent or 105.38 points, to ... Read more

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

Dhaka stocks inch up amid volatile trading

Dhaka stocks ended higher amid volatile trading on Wednesday as the bourse recorded an increased turnover again. The early hours saw the investors going for sell-offs while afterwards they opted to buy. High officials of an institutional investor said violence between the Jamaat-e-Islami and police in the morning made the investors panicked