Saturday, December 9, 2023

Stocks pass four bullish weeks

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

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

Further probe needed before action: Muhith

He gives no timeline for fresh probe into share scam The government on Saturday made public the investigation report on January’s stock market debacle suggesting further investigation before bringing charges against any individuals or organisations but gave no timeline for a fresh probe. The finance minister, Abul Maal Abdul Muhith, at a briefing on Saturday ... Read more

Investors’ confidence hits lowest ebb as stocks keep collapsing

Share market investors’ confidence hit the lowest ebb last week as Dhaka stocks kept on plunging in every trading session, prompting the market regulators to halt trading for three consecutive days amid violent street protests by small investors. The benchmark general index of Dhaka Stock Exchange last week lost a massive 1249.54

Investors run amok over stocks plunge

Disgruntled share market investors on Wednesday locked in scuffles with the police on the street and threw brickbats at the Dhaka Stock Exchange building in the city’s Motijheel area after the share prices dipped further and a newly-introduced circuit-breaker halted trading on the bourse. Hundreds of angry investors came out on the road in front ... Read more