Chief Adviser Muhammad Yunus has issued five key directives, including the offloading of government stakes in state-run and multinational companies, to increase the availability of quality scrips in the market.
Listing of Grameenphone on the stock exchange in 2009 had a huge impact as thousands of investors flocked to open beneficiary owner accounts to get shares of the high-performing company through the initial public offering (IPO).
The agreement, signed on Thursday in Colombo, aims to facilitate technology development and sharing
For years, investors believed that Beacon Pharmaceuticals was an export-driven company, contributing to the country’s economy and increasing its profitability. But beneath the surface, the reality was quite different.
The chaos surrounding certain demands by a section of Bangladesh Securities and Exchange Commission (BSEC) officials and employees in early March was aimed at protecting stock looters and manipulators exposed in an ongoing investigation, according to initial BSEC findings.
It is a positive sign for investors that directors of several well-known listed firms are purchasing their own shares, believing them to be undervalued amid a lack of buyers.
The stock market has declined 38 percent in real value over the past 16 years, largely due to negative returns and poor management practices. While some companies showed growth, widespread mismanagement limited overall income generation.
While fines are intended to deter future offences, questions remain over their effectiveness if the amount is lower than the illegal gain.
The indices of the stock market in Bangladesh rose yesterday after falling for two consecutive trading days as investors poured funds on low-priced shares to pocket short-term gains amid price swings..The rise was led by an increase in share prices of companies like Islami Bank Bangladesh,
The main index of the stock market in Bangladesh remained relatively unchanged over the past fiscal year as most scrips were stuck at their floor price, according to market analysts.
Stock market intermediaries yesterday urged the government to widen the corporate tax rate gap between listed and non-listed companies to encourage more companies to go public.
Have you ever bought any pack of flour produced by Yusuf Flour Mills or heard the name of Yusuf Moyda, the brand under which the company is selling the item?
By removing the floor price for nearly half of the companies listed in the country in December while retaining the regulatory measure for the rest, the Bangladesh Securities and Exchange Commission (BSEC) has effectively moved to a dual system.
The biggest factor behind the disconnect is that the largest companies with stable profitability refuse to come to the market.
Most of the global stock indices plunged last March when the war between Russia and Ukraine escalated but they took only two months before bouncing back despite the conflict-induced turmoil worldwide.
Stocks rose today thanks to the increased participation of investors as the stock market regulator has decided to sit with the stakeholders to find the reasons behind the falling trend of the market.
Stocks in Bangladesh fell today as investors largely stayed away from trading amid the ongoing crisis at home and abroad.
A rumour was going on that the International Monetary Fund (IMF) may ask the stockmarket regulator to lift the floor price as a condition of a new $4.5 billion loan, but the lender did not raise the issue in a meeting with the BSEC today.
Though Bangladesh has made stellar progress in many economic indicators in the past one decade, entrepreneurs, industrialists and the entire business sector still rely on the banking sector for financing.
