Dhaka stocks surged on Wednesday with the turnover hitting a three-and-a-half-month high as the institutional investors went for buying ahead of Eid-ul-Fitr. DGEN, the benchmark general index of Dhaka Stock Exchange, gained 1.22 per cent or 50.07 points, to close the day at 4,142.23 points
dhaka stocks
Dhaka stocks end flat in choppy trading
Dhaka stocks closed flat on Tuesday in volatile trading as retail investors went for sell-offs while institutional ones bought shares. DGEN, the benchmark general index of Dhaka Stock Exchange, lost 0.003 per cent, or 0.12 points, to close at 4,092.16 points
Dhaka stocks break 5-day losing streak
Dhaka stocks rose on Monday breaking a five-day losing streak on bargain hunting. DGEN, the benchmark general index of Dhaka Stock Exchange, gained 1.29 per cent, or 52.41 points, to close at 4,092.28 points. Turnover of the bourse increased to Tk 239.08 crore on the day from
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
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
Stocks rally for 2nd day on PM pledges
Dhaka stocks continued to rally for the second consecutive day on Thursday, with the turnover posting a significant rise, as the prime minister’s directive to bring back stability in the country’s ailing capital market infused the investors with new hope. DGEN, the benchmark general index of Dhaka Stock Exchange, rose by 3.59 per cent, or
Banks’ move fails to lift stocks
Key index of Dhaka bourse plunges 180 points No efforts from the regulator and the private sector proved effective to pro up the stumbling stockmarket, which yesterday slipped again by more than 3 percent. Owners of commercial banks, under their platform Bangladesh Association of Banks (BAB), decided on Sunday to launch a Tk 5,000 crore ... Read more
Stocks take another dip
Key index plunges 3.39pc on panic sales The stockmarket regulator sits with all stakeholders today after stocks plunged by more than 3 percent yesterday, maintaining the recent falling trend in share prices. The fall was due to panic sales amid a lack of confidence among investors. “The commission called a meeting with stakeholders, including the ... Read more
Stocks finish flat
Dhaka stocks ended flat yesterday following a topsy-turvy trading session due to the inactiveness of institutional investors. The benchmark General Index, DGEN, the indicator of Dhaka Stock Exchange, closed at 5,727, after adding 0.97 points or 0.02 percent. “It is matter of concern that turnover is very low as institutional investors are yet to be ... Read more