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
DSE
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
DSE worst performing market in 2012
Country’s premier bourse the Dhaka Stock Exchange was the worst performing stock market last year in comparison with the major stock markets across the globe.
According to the latest DSE data, the bourse’s benchmark general index, DGEN, lost 20.26 per cent till November 2012, whereas other Asian and
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
Stocks back to black on WB loan optimism
Stocks returned to the black yesterday riding on investor optimism fuelled with renewed possibility of World Bank’s loan revival for the Padma bridge.
DGEN, the benchmark General Index of Dhaka Stock Exchange, finished the day at 4,632.10 points, after surging 53.20 points or 1.89 percent
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 index of the Dhaka Stock Exchange, on the day lost 4 per
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
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
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 per
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
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
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
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
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
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
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,
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
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