The stock market regulator approved 127 firms for listing in the past 14 years, allowing their transition from private to public companies. However, the subsequent outcomes are disheartening as most of these companies showed declined performance rather than growth.
Chowdhury Nafeez Sarafat, chairman of RACE Asset Management, has manipulated the stock prices of many companies for financial gain and caused losses of crores of taka to general shareholders, found a primary investigation of the Criminal Investigation Department (CID).
Stocks in Bangladesh witnessed a massive jump yesterday amid hopes of a revival of the market following the exit of Sheikh Hasina from Bangladesh after her resignation from the post of prime minister on Monday.
The public administration ministry is likely to allow government employees to trade in the share market, a reversal of a decades-old rule.
For stock investors in Bangladesh, the just-concluded fiscal year was the worst in four years, with the benchmark index of Dhaka Stock Exchange losing over 1,000 points.
In the two and a half months preceding last Sunday, the DSEX, the benchmark index of Dhaka Stock Exchange (DSE), dropped 794 points, or 12 percent.
The benchmark index of Dhaka Stock Exchange (DSE) staged a comeback yesterday, snapping a two-day losing streak.
There were also positive changes in the market capitalisation of food and allied, engineering, and telecommunication scrips, it said.
In its daily market update, Shanta Securities said the market movement was driven by negative changes in the market capitalisation of travel and leisure, paper and printing, and bank scrips.
The benchmark index of the Dhaka Stock Exchange (DSE) fell yesterday, snapping a two-day winning streak, as some traders booked profits.
Some institutional investors sold their 32 percent stake, or 3.23 crore shares, of Khan Brothers PP Woven Bag Industries Ltd in the second half of 2023, according to the market regulator.
The prime index of Dhaka Stock Exchange (DSE) declined for a fifth consecutive trading day today
Shares at Dhaka Stock Exchange (DSE) continued to fall for a third consecutive day today as investors booked profits following recent gains
DSE dropped 1.52 percent yesterday, the first trading session since floor price restrictions were lifted
Investors optimistically turned up at stock markets post election as the markets seek rebound
Bangladesh might have bid adieu to 2023 but it could not leave behind the old problems that held it back throughout the turbulent year
Stocks of Khan Brothers PP Woven Bag Industries soared 10-fold over the past year even though the company has been drowning in losses
Although Reckitt Benckiser (Bangladesh) PLC, with renowned household brands such as Mortein, Dettol and Harpic, is light years ahead of little-known cold storage Himadri Ltd in terms of business performance, their stocks prices belie the real scenario.
Tanvir Islam, a banker, has invested Tk 17 lakh in the stock market since he started trading on the Dhaka Stock Exchange (DSE) a decade ago.