Thursday, February 29, 2024

DSE forms cell to help 15-member committee

Dhaka Stock Exchange in a board meeting on Tuesday formed a seven-member demutualisation cell to support the 15-strong committee it had formed last year to complete the bourse’s demutualisation process, according to a DSE office order issued on Thursday. The DSE made the move after the parliament had passed the

New DSE indices gain in 1st week

DSE Weekly Review New DSE indices gain in 1st week After a flat week, Dhaka stocks gained last week amid significant boost in turnover as the investors were hoping that the central bank would ease the monetary policy on political consideration. DGEN, the benchmark general index of the Dhaka Stock Exchange, gained 1.51 per cent ... Read more

DSE CEO resigns over board ‘interference’

The chief executive officer of Dhaka Stock Exchange, Musharraf M Hussain, on Wednesday resigned after the board of directors grilled the management team led by Musharraf on the day before over repeated ‘operational failures’. ‘I have decided to resign as the board’s approach towards the management had hurt my

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

Face value of shares, MF units to turn Tk 10 from Dec

The Securities and Exchange Commission on Tuesday decided that the face value of shares of all companies and units of all mutual funds would have to be converted to Tk 10 from December 1. Of the 231 companies listed with the Dhaka Stock Exchange, currently 124 companies have shares of Tk 100 face value and ... Read more

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

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

DSE remains closed in Aug 26-Sept 3

The Dhaka Stock Exchange will remain closed from August 26 to September 3 on the occasion of Shab-e-Qadr, Eid-ul-Fitr, weekly holidays and a special holiday, said a news posted on the DSE web site on Wednesday.  The positing said the trading at the bourse would resume after the nine-day closure on September 4 as per ... Read more

Investors take to streets again in fear of another debacle

DGEN plummets by 174 points, SEC advises investors not to panic Aggrieved share investors staged rowdy demonstrations on the streets of Motijheel on Tuesday when the general index of Dhaka Stock Exchange plummeted by 174.65 points, stretching the bear-run to seventh day because of panic-driven sell-offs. Some of the investors could not hold their nerve ... Read more

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

DSE opens corporate governance dept

The Dhaka Stock Exchange on Sunday opened corporate governance and financial reporting department to bring more transparency among listed companies. Securities and Exchange Commission chairman Khairul Hossain inaugurated the department which will examine mainly financial reports submitted by the listed firms. The listed firms are required to