The Securities and Exchange Commission has made its executive director Anwarul Kabir Bhuyian an officer on special duty. The commission sent to Anwarul an official order signed by the SEC chairman, Ziaul Haque Khondker, withdrawing him from the responsibilities of the listing and supervision and
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Govt actions draw doubts
Stockmarket Crash Govt actions draw doubts The policymakers demonstrated their lack of seriousness in identifying the real culprits behind the recent stockmarket debacle, by taking 15 days time for forming a probe committee to investigate market manipulation, said analysts yesterday. They however said the finance minister’s confession of making mistakes, and his meeting
SEC halves circuit breaker limit on share prices
The Securities and Exchange Commission on Monday halved the limit of circuit breaker on individual stock in a bid to tighten the price fluctuation of shares of the company. ‘The new circuit breaker will come into effect on Tuesday (today),’ said an SEC official. If a company’s share price is Tk 200, then its share ... Read more
Trading at bourses resumes today
Finance ministry finalises 14 decisions to stablise market Trading at the Dhaka and Chittagong stock exchanges will resume today with the circuit breaker on general indices withdrawn after a two-day trade suspension following a share market debacle and subsequent violent protests by small investors. The market regulators, as per the directive of the government, had ... Read more
Probe ordered, trading resumes tomorrow
The government on Sunday asked the merchant banks to reinvest their profits made from the volatile share market in a bid to bring back normalcy to the capital market, trading on which had remained suspended for the past two days. Trading on the capital market is scheduled to resume on Tuesday after the government
Bourses to be shut on Sunday
The Securities and Exchange Commission has suspended share trading on the country’s twin bourses on Sunday. This move was taken by the regulator for the first time in the country as stocks have been crashing day after day, precipitating violent demonstrations for some weeks now. SEC also