Tag Archives: DSE

DSE gets fund from Chinese strategic partner ‘in a week’

strategic partner

MNA Business Desk: The Dhaka Stock Exchange (DSE) is set to receive the fund from its Chinese strategic partner, which is a consortium of two stock exchanges, within a week against the DSE’s shares sold to the partner. The Bangladesh Securities and Exchange Commission (BSEC) approved the proposal made by the Chinese consortium for being a strategic partner of Bangladesh’s premier bourse on May 3 last. As per the BSEC approval, the DSE has sold its 25 per cent stake or more than 450.94 million shares to the Chinese consortium comprising Shenzhen Stock Exchange and Shanghai Stock Exchange. Minhaz Mannan ...

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Stock markets continue to experience freefall

week

MNA Business Desk: The core index of the Dhaka bourse fell 133 points or 2.21 per cent on Sunday, the biggest single-day freefall in the last 55 months, as nervous investors sold shares in bulk, fearing further decline. However, it terms of percentage, Sunday’s fall is the 32 months highest fall as DSE core index fell 98 points or 2.34 per cent on April 26, 2015. Market operators said growing political tension coupled with fears of liquidity shortage due to the central bank’s latest directive to slash the limit of banks’ advance-deposit ratio (ADR) kept most of the investors at ...

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Stocks crack 3-week gaining trend

gaining trend

MNA Business Desk: Country’s capital markets faced correction in the shortened week that ended Thursday, breaking a 3-week gaining trend, reported news agency. Week-on-week, DSEX, the prime index of the Dhaka Stock Exchange (DSE), fell by 40.69 points or 0.69 per cent to settle at 5,861. Two other indices also witnessed correction. The DS30 index and the DSE fell 16.62 points or 0.78 per cent to settle at 2,109. The Shariah Index (DSES) lost 10.36 points or 0.79 per cent to finish at 1,304. The total turnover for the week stood at Tk 24.46 billion, registering a decline of 50 ...

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Stocks open week down as major sectors falling

major sectors

MNA Business Desk: Stock markets opened week down as major sectors closing the session with falling trend at both the Dhaka and Chittagong stock exchanges on Sunday. Among the falling major sectors were finance and textile when 117 securities of the large-cap group incurred loss due to lower activities, reported news agency. The broader DSEX index of DSE finished the first session of the week 4.26 points down at 4690.93. The Shariah DSES and the blue-chip DS30 followed it by 2.41 points down at 1123.46 and 2.19 points down at 1776.52 respectively. The daily turnover in value at DSE was ...

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DSE and CSE restarted downward after Eid

DSE

MNA Business Desk: Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) has restarted on Sunday downward as maximum of the stockholders were in selling mode, capturing share price fall in the days ahead. The price directories locked flat when the bourses saw small level of transactions by the cautious buyers. Stock market shut pre-Eid transaction on 30 June upward, upholding a sound rise for the fourth successive session. There were no share exchange at Dhaka and Chittagong stock exchanges in the past nine days as the market stayed locked for Eid-ul-Fitr. DSE initiated the post-Eid period with sharp fall ...

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