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
DSE
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
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
Investors must keep it in stocks till June ’13: NBR
The National Board of Revenue on Tuesday said the investors must keep the undisclosed money invested in stocks till June 2013 to avail the opportunity of legalising it by paying 10 per cent tax. The board in an order issued on Tuesday said the holders of undisclosed money would have to invest it in the ... Read more
DSE turnover tops Tk 1,100cr after two and a half months
Turnover of the Dhaka Stock Exchange on Sunday crossed the Tk 1,100-crore mark again after two and a half months while the bourse’s general index continued to rise for the fifth consequent day as both individual and institutional investors went on a buying binge on the hope that the market would rally further. Market operators ... Read more
Black money move keeps up market tempo
Stocks gained for a fourth day as the government has recently given a green light to undisclosed money to be invested in the market. “The government decision will help increase the tempo of industrialisation and exports as well as establish its Vision 2021,” said Shakil Rizvi, president of Dhaka Stock Exchange, in
Undisclosed money investment decision propels stocks
DSE turnover hits two-and-a-half month high Turnover of the Dhaka Stock Exchange on Wednesday hit a two-and-a-half month high and the stocks extended gains for the third day on buying spree after the government allowed legalisation of undisclosed money by investing in the capital market, market operators said. The Finance Bill 2011 passed on Tuesday ... Read more
Stocks bounce back from deep loss
Stocks rebounded as investors used low prices as an opportunity to buy shares, a day after the stockmarket suffered a massive slide. The benchmark general index of Dhaka Stock Exchange (DGEN) gained 228 points, or 4.02 percent, to close at 5,904 points
Investors take to streets again as stocks plunge
Share market investors took to the streets in rowdy demonstrations again on Wednesday protesting at the free fall of share prices as the Dhaka stocks plunged by 151.74 points on the day. They shouted slogans demanding immediate resignation of the finance minister, the Bangladesh Bank governor and the Dhaka Stock Exchange
Experts lambast govt for apathy to mend stock meltdown
Experts on Wednesday came down heavily on the government for taking no steps at all to stabilise the country’s capital market, blaming its foot-dragging over reforming the Securities and Exchange Commission and indifference to re-infuse investors with fresh confidence for the continued reign of volatility over the market for five long
DSE witnesses lowest turnover in 2011
Bearish trend at the Dhaka Stock Exchange (DSE) continued to affect the general investors for the fourth straight weeks amid lowest average daily turnover in this year till date through the much talked ‘Bangladesh Fund’ started its operation Thursday. “The largest ever mutual fund which was floated mainly to bring back stability in stock market
Banking Division offers recipe for stockmarket
The Banking Division of the finance ministry has recommended 11 steps to the government as measures to curb stockmarket manipulation. The recommendations were based on a review of a report submitted by a stockmarket probe committee. According to the Banking Division, a law should be in place to regulate the issue of preference
HC asks govt to publicise share scam report
The High Court on Tuesday asked the finance ministry to publicise within ‘reasonable time’ the probe report on the recent share market scam in which thousands of investors lost their money and many small investors became bankrupt. The High Court vacation bench of Justice Syed Mohammad Ziaul Karim and Justice
DSE turnover hits two-month high
Turnover on the Dhaka Stock Exchange hit a two-month high yesterday as high investor participation pulled trade volume up. Daily turnover on the prime bourse stood at Tk 1,524.38 crore, up Tk 181.30 crore from the previous day. Soaring investor participation fuelled trade volume and as a result, turnover rose, said a
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
Panic pulls down stocks
The benchmark general index of Dhaka Stock Exchange fell for two days in a row as investors went into sell-offs, fearing another losing spell ahead. The DSE general index (DGEN) lost 154 points, or 2.5 percent, to close at 6,018 points on the day. The DSE general index lost 370 points in two days’ trading ... Read more
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