Five big listed companies are strong enough to push the price indices up or down on a single trading day. It was seen in yesterday’s trading also. The benchmark index of the Dhaka Stock Exchange, DGEN, gained 134 points, to which the contribution of the top five firms was more than
stocks
DSE turnover tops Tk 1,100cr
Dhaka stocks surged on Sunday as the investors went on a buying spree when the turnover crossed Tk 1,100 crore mark after five months. DGEN, the benchmark general index of the Dhaka Stock Exchange, gained 3.02 per cent or 135.21 points, to close the day at 4,565.72 points
Stocks return to positive zone
DSE Weekly Review Stocks return to positive zone Dhaka stocks returned to a positive zone last week after declining in the previous one as institutional and large-scale individual investors became active in the market. DGEN, the benchmark general index of Dhaka Stocks Exchange, gained 2.47 per cent, or 106.75 points, to close the week at ... Read more
DSE turnover tops Tk 900cr again
Dhaka stocks gained on Tuesday amid active participation of the large-scale investors with the turnover of the bourse crossing Tk 900 crore after four and a half months. DGEN, the benchmark general index of Dhaka Stock Exchange, gained 1.30 per cent, or 56.73 points, to close the day at 4,413.90 points
Stocks return to black
Stocks gained marginally yesterday, as institutional investors became active to make fresh investments in the market. DGEN, the benchmark General Index of the Dhaka Stock Exchange, finished the day at 4,477.31 points, after gaining 24.43 points or 0.54 percent. Institutional investors went on a buying spree as the economic indicators became favourable,
Stocks finish higher before Eid vacation
Dhaka stocks gained on Tuesday amid increased participation of the institutional investors who were hoping the market would be vibrant after the 11-day vacation. DGEN, the benchmark general index of Dhaka Stock Exchange, gained 1.13 per cent or 47.92 points, to close at 4,256.32 points
15 new securities enter stockmarket
Fifteen new securities found their way into the stockmarket this year, up from 13 last year, although the market showed clear signs of volatility in 2011 with twin price debacles. Eight equity securities, six mutual funds or investment securities and a convertible bond came to the stockmarket, according to data from Dhaka Stock Exchange. The ... Read more
Stock market stimulus package announced
The Security and Exchange Commission on Wednesday announced the stock market stimulus package which included some immediate steps to the relief of mostly institutional inventors and pledges for some special schemes for non-institutional investors. The commission chair, M Khairul Hossain, in the afternoon announced a number of steps
Stocks plunge ahead of stimulus announcement
Speculation over non-inclusion of CRR, SLR reduction spread panic Dhaka stocks plunged by 224 points on Wednesday in late panic-driven selling following a rumour in mid-session that the government’s stimulus package which would be announced after trading hours would not include reduction of banks’ cash reserve requirement and statutory liquidity ratio. DGEN, the benchmark general ... Read more
DSE turnover crosses Tk 8b mark
Buoyed by a number of measures to lift the stockmarket, turnover at the Dhaka Stock Exchange crossed Tk 8 billion on Tuesday, surpassing by a staggering nearly Tk 3 billion transaction of the day before. The bullish run has been continuing for the past couple of days after the bourse authority and the National Board ... Read more
Stocks rally for 2nd day on PM pledges
Dhaka stocks continued to rally for the second consecutive day on Thursday, with the turnover posting a significant rise, as the prime minister’s directive to bring back stability in the country’s ailing capital market infused the investors with new hope. DGEN, the benchmark general index of Dhaka Stock Exchange, rose by 3.59 per cent, or
Banks’ move fails to lift stocks
Key index of Dhaka bourse plunges 180 points No efforts from the regulator and the private sector proved effective to pro up the stumbling stockmarket, which yesterday slipped again by more than 3 percent. Owners of commercial banks, under their platform Bangladesh Association of Banks (BAB), decided on Sunday to launch a Tk 5,000 crore ... Read more
Stocks take another dip
Key index plunges 3.39pc on panic sales The stockmarket regulator sits with all stakeholders today after stocks plunged by more than 3 percent yesterday, maintaining the recent falling trend in share prices. The fall was due to panic sales amid a lack of confidence among investors. “The commission called a meeting with stakeholders, including the ... Read more
Stocks finish flat
Dhaka stocks ended flat yesterday following a topsy-turvy trading session due to the inactiveness of institutional investors. The benchmark General Index, DGEN, the indicator of Dhaka Stock Exchange, closed at 5,727, after adding 0.97 points or 0.02 percent. “It is matter of concern that turnover is very low as institutional investors are yet to be ... Read more
Stocks remain gloomy
Dhaka stocks declined yesterday, the indices losing 2.33 percent, following a market free fall due to investors’ low confidence. The falling trend of the market was at its worst in the last 12 days as the benchmark General Index, DGNE, the Dhaka Stock Exchange indicator, closed at 5,763 after falling 137 points. The benchmark index ... Read more
Stocks inch down in late sell-offs
Dhaka stocks inched down on Sunday when the late sales pressure faded the early gains as investors still remained sceptical about the market condition despite several measures taken by regulators and stakeholders to stabilise the market. The benchmark general index of the Dhaka Stock Exchange, or DGEN, on Sunday lost
New fund to prop up troubled stockmarket
The private sector has stepped in to rescue the ailing stockmarket with a ‘market stabilisation fund’ that also aims to give a new lease of life to retail investors who incurred losses. AK Azad, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), yesterday announced a concept paper on the fund after ... Read more
Stocks rise on market fund news
Stocks gained yesterday as investors used early losses as a buying opportunity following stakeholders’ move to form a market stabilisation fund. Stakeholders have decided to form a ‘market stabilisation fund’ to help recipients of margin loans and the lenders as they face difficulty while adjusting their loans when the market goes through
Stocks slip back into the red
Stocks plunged 1.87 percent as a price correction pushed down market indices yesterday. The benchmark General Index, DGEN, the yardstick of Dhaka Stock Exchange, closed at 5,879, after declining 112 points. The market that started off amid buoyant spirits was on course to cross 6,000 points, a
Stocks back in red as spirits ebb
Stocks declined again yesterday, as the central bank’s positive step on single borrower’s exposure failed to create enthusiasm among the investors whose confidence is eroding by the day. Rather, they feared that the market might experience a long-term downtrend in the days ahead. A lack of institutional investors’ participation also led the retailers to go ... Read more