BB’s move on exposure limit pushes up benchmark index by 40 points Stocks rose yesterday amid a positive step by the central bank and street demonstration by a group of investors. Police detained eight protesters in Motijheel. Banks with merchant banks and brokerage houses as subsidiaries will now have until December 31 next year to ... Read more
stocks
Dhaka bourse now Asia’s worst
Dhaka Stock Exchange became the worst performer in Asia this year, ridiculing the premier bourse’s ranking last year when it was the third among the global best, according to Bloomberg News. The Dhaka bourse lost 25 percent in the last nine months this year, while its general index advanced 82.81 percent last year
Investors run amok as stocks keep plunging
Hundreds of share market investors on Monday ran amok on the road in front of Dhaka Stock Exchange in Motijheel in protest against share prices going into a free fall and in demand for immediate steps from the authorities concerned to stabilise the capital market that had been going through a depression for long. At ... Read more
Investors rally as stocks tumble in panic-driven selling
A section of angry investors took to the street on Sunday demanding resignation of finance minister AMA Muhith as the share prices at the Dhaka Stock Exchange tumbled on the day amid volatile trading and panic-driven sell-offs by nervous investors. The benchmark general index of the burse, or DGEN, on Sunday fell by 59.35 points, ... Read more
Turnover of DSE hits 7-and-half month low
The turnover of Dhaka Stock Exchange dipped to a seven-and-a-half-month low to Tk 241.04 crore in volatile trading on Thursday with the index falling marginally as the retail investors continued to remain cautious and institutional ones sat on the fence. The DSE witnessed the year’s lowest turnover at Tk 206.41 crore on January 25 after ... Read more
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
Dhaka stocks on a rollercoaster ride, continue to slide
Dhaka stocks continued to slide on Wednesday in yet another volatile trading session as a section of nervous investors went for heavy selling while large investors remained inactive to see the market falls further to pounce on the relatively cheap share. Although the state-run Investment Corporation of Bangladesh tried to halt the heavy slide of ... 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
Stocks: a week in red ink
Dhaka stocks declined 4.98 percent last week, triggered by panic sell-offs. Fears of a further market fall ran deep among investors. The benchmark general index, DGEN of DSE, closed at 6,259 points, after declining 327.91 points for huge sell-offs. In an attempt to bring more discipline to the market, the Security and Exchange Commission
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 rise for seventh day
Stocks gained for a seventh day as investors went on a buying spree to cash in on the lower price earnings ratio of individual sectors. The benchmark general index of Dhaka Stock Exchange, DGEN, rose 48 points or 0.78 percent to 6,562. On the port city’s bourse, the selective categories index of Chittagong Stock Exchange, ... 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