Prompts agitating investors to demo in front of SEC Capital market investors on Monday staged demonstrations on the streets in Motijheel and in front of the Dilkusha office of the Securities and Exchange Commission as the stock prices on the Dhaka bourse went on a free fall and its general index fell to below the ... Read more
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Stocks rally continues unabated
The stocks rally that begun Wednesday in the Dhaka bourse continued unabated on Thursday, the last trading session before the Eid vacation, as the investors went on buying shares in the hope that the gaining streak would roll on following the regulatory move for making a uniform face value of all the scrip and mutual ... Read more
Stocks rise but turnover drops
The participation of some institutional investors on Monday kept the Dhaka stocks afloat, although the turnover of the bourse slumped to one-and-a-half-month low due to lack of participation of general investors. The DGEN, the benchmark general index of Dhaka Stock Exchange, gained 103.78 points, or 1.69 per cent, to close the day at 6,223.94 points, ... Read more
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,
Stocks end the week in red
Stocks returned to the red as trading sessions advanced toward the close last week, ending a five-week gaining streak. Profit-taking pushed down market indices. The benchmark general index of Dhaka Stock Exchange, DGEN, capped the week at 6,587, declining 73 points or 1.10 percent. The yardstick of the premier bourse gained 884 points or 15.15 ... Read more
Stocks suffer swings, end in the red
Stocks fluctuated yesterday before settled in the negative zone as the investors went for selling shares to pocket profit. The benchmark general index of Dhaka Stock Exchange, DGEN, shed 14 points or 0.22 percent to end at 6,627. On the port city’s bourse, the selective categories index, CSCX, the main yardstick
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
Dhaka stocks gain on GP, NBFIs surge
Dhaka stocks gained again on Tuesday with a sharp rise of share prices of two largest companies—GrameenPhone and MJLBD—and all non-bank financial institutions. The benchmark general index of Dhaka Stock Exchange, or DGEN, on the day gained 100.99 points, or 1.55 per cent, to close at 6,587.58
Stocks fall Sunday on Muhith’s comments
Star Business Report Stocks declined on Sunday after an eight-day gaining streak as investors sold shares to book profits, after the finance minister indicated market manipulation might be at work again. The Dhaka Stock Exchange’s benchmark index DGEN lost 91 points, or 1.39 percent, to close at 6,486. On the port city’s bourse, the selective ... Read more
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
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
Stocks gain for sixth day
Stocks gained for a sixth day as buyers went on a buying spree as the market has been showing signs of recovery for the last few days. The benchmark general index of Dhaka Stock Exchange, DGEN, went up 56 points or 0.87 percent, to end the day at 6,514
Stocks continue gaining streak
Stocks gained yesterday for a fifth day with a significant turnover as investor confidence was boosted by the recent government initiatives despite a shutdown until noon. The benchmark general index of the Dhaka Stock Exchange, DGEN, went up 20 points or 0.32 percent, to end the day at 6,458. The selective categories index of 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
Stocks rebound strongly on govt, BB moves
Dhaka stocks rebounded strongly in the past week, showing signs of recovery from a prolonged depression as investors went into buying mood following a number of moves taken by the government and the Bangladesh Bank Market operators said the appointments of two more members to the Securities and Exchange
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
Stock jitters cap the week
Stocks finished the week in jittery trade, as relentless panic pulled the index and turnover down yesterday. The General Index (DGEN) of Dhaka Stock Exchange suffered a 146-point or 2.2-percent loss and came down to 6,527 at the end of a four-hour trading session — frustrating millions of retail investors. DSE President Shakil Rizvi, however, ... Read more
Optimism lifts stocks
Analysts say risks are far from over Stocks rebounded for the second day amid optimism that support from market intermediaries and the government would continue. Indices bounced more than 400 points shortly after opening of trade yesterday, as prices of shares started hitting the days’ highest limits, spurred by a mood to retain shares to ... Read more
Stock loser kidnaps student
Police arrested a private tutor here yesterday for kidnapping a girl student, which he said was an attempt to recover his loss due to the recent stockmarket plunge. The arrestee, Abdul Mazid, 24, hails from Kutubdia upazila of Cox’s Bazar. Mazid kidnapped his student Naima Kaiser, 8, on Thursday on her way back home from ... Read more