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

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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 1,348 crore. On January 12, the DSE recorded Tk 1,649 crore

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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

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Stock efforts fall apart

6 brokers’ trading suspended for 30 days on market volatility charges; top bosses stripped of responsibilities; book-building system on hold; markets closed on Sunday
The share index breaker failed to prevent a free fall in prices on the Dhaka and the Chittagong stock exchanges yesterday.
The Dhaka stock index had nosedived 600 points before the just-introduced circuit breaker put a stop to trading on the two bourses

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