Dhaka stocks declined yesterday, the indices losing 2.33 percent, following a market free fall due to investors’ low confidence. The falling trend of the market was at its worst in the last 12 days as the benchmark General Index, DGNE, the Dhaka Stock Exchange indicator, closed at 5,763 after falling 137 points. The benchmark index ... Read more
dhaka stocks
Stocks inch down in late sell-offs
Dhaka stocks inched down on Sunday when the late sales pressure faded the early gains as investors still remained sceptical about the market condition despite several measures taken by regulators and stakeholders to stabilise the market. The benchmark general index of the Dhaka Stock Exchange, or DGEN, on Sunday lost
New fund to prop up troubled stockmarket
The private sector has stepped in to rescue the ailing stockmarket with a ‘market stabilisation fund’ that also aims to give a new lease of life to retail investors who incurred losses. AK Azad, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), yesterday announced a concept paper on the fund after ... Read more
Stocks rise on market fund news
Stocks gained yesterday as investors used early losses as a buying opportunity following stakeholders’ move to form a market stabilisation fund. Stakeholders have decided to form a ‘market stabilisation fund’ to help recipients of margin loans and the lenders as they face difficulty while adjusting their loans when the market goes through
Stocks slip back into the red
Stocks plunged 1.87 percent as a price correction pushed down market indices yesterday. The benchmark General Index, DGEN, the yardstick of Dhaka Stock Exchange, closed at 5,879, after declining 112 points. The market that started off amid buoyant spirits was on course to cross 6,000 points, a
Stocks back in red as spirits ebb
Stocks declined again yesterday, as the central bank’s positive step on single borrower’s exposure failed to create enthusiasm among the investors whose confidence is eroding by the day. Rather, they feared that the market might experience a long-term downtrend in the days ahead. A lack of institutional investors’ participation also led the retailers to go ... Read more
Protests mark stock trade
BB’s move on exposure limit pushes up benchmark index by 40 points Stocks rose yesterday amid a positive step by the central bank and street demonstration by a group of investors. Police detained eight protesters in Motijheel. Banks with merchant banks and brokerage houses as subsidiaries will now have until December 31 next year to ... Read more
Dhaka bourse now Asia’s worst
Dhaka Stock Exchange became the worst performer in Asia this year, ridiculing the premier bourse’s ranking last year when it was the third among the global best, according to Bloomberg News. The Dhaka bourse lost 25 percent in the last nine months this year, while its general index advanced 82.81 percent last year
Investors rally as stocks tumble in panic-driven selling
A section of angry investors took to the street on Sunday demanding resignation of finance minister AMA Muhith as the share prices at the Dhaka Stock Exchange tumbled on the day amid volatile trading and panic-driven sell-offs by nervous investors. The benchmark general index of the burse, or DGEN, on Sunday fell by 59.35 points, ... Read more
Turnover of DSE hits 7-and-half month low
The turnover of Dhaka Stock Exchange dipped to a seven-and-a-half-month low to Tk 241.04 crore in volatile trading on Thursday with the index falling marginally as the retail investors continued to remain cautious and institutional ones sat on the fence. The DSE witnessed the year’s lowest turnover at Tk 206.41 crore on January 25 after ... Read more
Dhaka stocks finish positive a tumultuous week
Dhaka stocks finished positive last week, registering slim gains but ending a four-week bear run, thanks to the regulator’s move for a uniform face value of all scrip that cheered up investors in the last two trading sessions of the week. DGEN, the benchmark general index of Dhaka Stocks Exchange, advanced by 1.52 per cent,
Stocks rally continues unabated
The stocks rally that begun Wednesday in the Dhaka bourse continued unabated on Thursday, the last trading session before the Eid vacation, as the investors went on buying shares in the hope that the gaining streak would roll on following the regulatory move for making a uniform face value of all the scrip and mutual ... Read more
DSE turnover hits 7-month low on thin trading
The turnover of the Dhaka Stock Exchange dipped to a seven-month low of Tk 285.64 crore in volatile trading on Tuesday with the investors waiting to see the outcome of the cases filed by the Securities and Exchange Commission against five alleged market manipulators and the market behaviour following the regulatory action before deciding their ... Read more
Dhaka stocks sink for fourth week
Cautious trading by retail investors and inactivity of the institutional ones kept Dhaka stocks in the negative zone last week amid a significantly low volume of transactions, stretching the current bear run to four straight weeks. Last week, the benchmark general index of Dhaka Stock Exchange, or DGEN, lost 94.84 points,
Dhaka stocks post rise but turnover falls sharply
Dhaka stocks posted a sharp rise on Thursday, although the turnover dropped to a two-and-a-half-month low amid cautious trading as uncertainty about the market stability lingered on. DGEN, the benchmark general index of Dhaka Stock Exchange, gained 74.09 points, or 1.22 per cent, to close the day at 6,118.01 points
Liquidity crunch sends Dhaka stocks on the edge
Turnover of Dhaka Stock Exchange hit a new two-month low on Tuesday because of liquidity crunch as the institutional investors remained inactive and individual ones cautious following the latest bear run of the market for the last three weeks. The DGEN, benchmark general index of Dhaka Stock Exchange, on Tuesday lost 60.02 points, or 0.97 ... Read more
Bargain hunting pulls Dhaka stocks
Dhaka stocks rose on Thursday as some bargain hunters stepped in following two days of slides, keeping the fears of another debacle at bay for the time being. The benchmark general index of Dhaka Stock Exchange, DGEN, gained 50.18 points, or 0.81 per cent, to close the day at 6,212.86 points after the DGEN had ... Read more
Dhaka stocks on a rollercoaster ride, continue to slide
Dhaka stocks continued to slide on Wednesday in yet another volatile trading session as a section of nervous investors went for heavy selling while large investors remained inactive to see the market falls further to pounce on the relatively cheap share. Although the state-run Investment Corporation of Bangladesh tried to halt the heavy slide of ... Read more
Stocks slide again in volatile trading
The general index of Dhaka Stock Exchange slid again on Tuesday, a day after it was pulled up by some institutional investors, in volatile trading as some investors went for late sell-offs because of uncertainty over the market behaviour and the regulators filing cases against stock manipulators. The benchmark general index of Dhaka bourse, the ... 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