Investors demo, blame SEC for creating panic Volatility returned to the trading floor of the Dhaka bourse on Thursday, after Wednesday’s heavy gains, pulling down the general index sharply that prompted the angry investors to take to the streets for the second day in the week. The DGEN, the benchmark general index of the Dhaka ... Read more
dhaka stocks
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
Profit taking pulls down stocks
Dhaka stocks continued to go through price correction yesterday for the fifth consecutive day with almost 2 percent decline. While declaration of less-than-expected earnings by some listed firms frustrated investors, a rumour on a regulatory action based on recent stockmarket probe report frightened many others,
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
Stocks suffer swings, end in the red
Stocks fluctuated yesterday before settled in the negative zone as the investors went for selling shares to pocket profit. The benchmark general index of Dhaka Stock Exchange, DGEN, shed 14 points or 0.22 percent to end at 6,627. On the port city’s bourse, the selective categories index, CSCX, the main yardstick
Stocks buck gaining trend
Twin bourses ended a four-day gaining streak yesterday as investors sold shares for profit-taking. The benchmark general index, DGEN, the yardstick of Dhaka Stock Exchange, lost 14 points, or 0.21 percent, to end the day at 6,669. On the port city’s bourse, the selective categories index, CSCX, the indicator of Chittagong
Dhaka stocks gain on GP, NBFIs surge
Dhaka stocks gained again on Tuesday with a sharp rise of share prices of two largest companies—GrameenPhone and MJLBD—and all non-bank financial institutions. The benchmark general index of Dhaka Stock Exchange, or DGEN, on the day gained 100.99 points, or 1.55 per cent, to close at 6,587.58
Stocks fall Sunday on Muhith’s comments
Star Business Report Stocks declined on Sunday after an eight-day gaining streak as investors sold shares to book profits, after the finance minister indicated market manipulation might be at work again. The Dhaka Stock Exchange’s benchmark index DGEN lost 91 points, or 1.39 percent, to close at 6,486. On the port city’s bourse, the selective ... 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
Turnover hits multi-month high
Turnover on Dhaka Stock Exchange rose to its highest since December 30 after investors bought heavily into the market hoping that stocks will continue to gain. Turnover on the country’s premier bourse stood at Tk 1,683 crore, up from the previous day’s Tk 1,480. DSE had its previous best transaction of shares worth Tk 1,783 ... Read more
Stocks gain for sixth day
Stocks gained for a sixth day as buyers went on a buying spree as the market has been showing signs of recovery for the last few days. The benchmark general index of Dhaka Stock Exchange, DGEN, went up 56 points or 0.87 percent, to end the day at 6,514
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
Stocks gain for third week
Stocks gained for a third week as the general index of Dhaka Stock Exchange hit a three-month high following the news of undisclosed funds flowing into the capital market. The benchmark general index, DGEN, gained 3.18 percent or 194 points, to end the week at 6,311. The yardstick of DSE gained 9.27 percent or 535 ... Read more
DSE turnover hits three-and-a-half-month high
Dhaka stocks on Thursday maintained heavy gains for the third consecutive day with the bourse’s turnover hitting a three-and-a-half-month high of Tk 1,348.33 crore as the investors continued with post-budget buying spree. The benchmark general index of Dhaka Stocks Exchange, or DGEN, on Thursday gained 68.47 points, or 1.09 per cent, to close at 6,311.80
Stocks rebound strongly on govt, BB moves
Dhaka stocks rebounded strongly in the past week, showing signs of recovery from a prolonged depression as investors went into buying mood following a number of moves taken by the government and the Bangladesh Bank Market operators said the appointments of two more members to the Securities and Exchange
Dhaka stocks dip to 10-month low
Dhaka stocks continued to collapse on Sunday with the bourse’s general index hitting 10-month low as panic-stricken retail investors went for heavy sell-offs for the fourth day. The government on the day again asked four state-run banks and the Investment Corporation of Bangladesh to purchase shares to stablise the market but the directive had little ... Read more
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
Dhaka stocks skyrocket for 2nd day
Share prices on Dhaka Stock Exchange skyrocketed for the second day on Sunday buoyed by a number of government measures to stabilise the market in the wake of two weeks of heavy slides and violent street protests. The general index of the bourse advanced by 463.27 points, or 7.81 per cent, on the day to
Govt assurance, institutional investors’ return help DSE make magic rebound
Dhaka stocks on Tuesday made a dramatic turnaround on the finance minister’s remark that the capital market would be stabilised this very week and some institutional investors’ re-entry into the market, analysts said. Heavy buying of shares by different government agencies like the Investment Corporation
DSE finishes up in volatile trading
Dhaka stocks edged up on Wednesday in choppy trading as investors became jittery again because of a fresh liquidity crisis and the market regulators’ two latest directives on margin loan and face value of securities, market operators said. The benchmark general index of DSE had a bumpy ride on the day and finished up by