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

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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 or 63 points, to close at 4,230.69 points. The DGEN ended flat by adding 0.63 points to the previous

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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

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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

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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 index of the Dhaka Stock Exchange, on the day lost 4 per

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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 of Revenue declared moves to prop up the ailing market following meetings with

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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 107 of Tk 10

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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 per

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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 shed 61.12 points in two previous turbulent trading

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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 the

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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 its regular trading session from 11:00am to 3:00pm and office hours would be

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Dhaka stocks fall with a flop again

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 Stock Exchange, lost 129.43 points, or 2.02

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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 and went for heavy sell-offs of shares within 30

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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 Exchange, or DGEN, took a 92.02-point or 1.42 per

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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

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