Tag Archives: DSE

MNA Business Report: Stocks witnessed an upward trend in early trading on Sunday as investors are showing a buying spree on sector-wise issues despite facing troubles due to the slow Dhaka Stock Exchange (DSE) website. The DSE website has remained slow for the last three consecutive sessions due to its maintenance and upgradation work. Investors and stockbrokers alleged in the morning that they were unable to access information on time for the last couple of days as the new website of the DSE was “very slow to load”. Many investors complained that they do not see the share prices on ...

MNA Business Report: Daily trade turnover on Dhaka Stock Exchange (DSE) scaled Tk 12-billion mark on Thursday once again as investors put fresh stakes on stocks amid growing confidence in the market. Turnover, a crucial indicator of the market, stood at Tk 12.08 billion on the country’s premier bourse, climbing further by 7.86 per cent over previous day’s mark of Tk 11.20 billion. It happens to be the biggest single-day transaction in the last n weeks since June 28, when turnover totalled Tk 25.43 billion riding on huge block trade of GSK Bangladesh. Attuned to the rising turnover value, DSEX, ...

MNA Business Desk: Stocks extended the losing streak for the fifth straight session on Sunday as the risk-averse investors continued their sell-offs ahead of Eid-ul-Azha. Market operators said some retail investors sold shares to pull out money ahead of Eid festival as only nine trading days are left before Eid vacation. The market opened on the negative trend and the downturn continued until the end as the shaky investors liquidated their holdings from most of the major sectors’ shares. DSEX, the key index of the Dhaka Stock Exchange, went down by 18.46 points or 0.45 per cent to settle at ...

MNA Business Desk: Stocks slipped into the red on Monday, snapping a three-day gaining streak, as risk-averse investors went on selling binge on sector-wise issues. DSEX, the prime index of the Dhaka Stock Exchange, went down by 35.18 points or 0.77 per cent to settle at below 4,500-mark to 4,493, after adding 120 points in the past three sessions. Market analysts said cautious investors were on selling mood on sector-wise shares which saw substantial gain in the past three trading sessions. The DS30 index, comprising blue chips, also fell 4.62 points to finish at 1,541. The DSE Shariah Index also ...

MNA Business Desk: The securities regulator has advised the country’s premier bourse to form an expert panel to scrutinize the upcoming initial public offerings (IPO) prospectus properly. The Bangladesh Securities and Exchange Commission (BSEC) chairman M Khairul Hossain advised the board of directors of the DSE to form the expert panel to assess the IPO prospectus of companies seeking to float IPOs, said a DSE statement. The securities regulator also assured that the commission will give approval to the IPO of a company if the Dhaka Stock Exchange (DSE) expert panel would be satisfied with the company’s financial statements. The ...

MNA Business Desk: Stocks witnessed yet another bearish session on Sunday as worried investors continued their selling spree on major sectors’ shares. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 42.80 points or 0.81 per cent to finish at 5,179, lowest in the two-and-a-half months low. Market analysts said the government’s move to liquidate People’s Leasing and Financial Services (PLFS), the telecom regulator’s strict stance towards Grameenphone coupled with the gas price hike continued to prompt investors to sell-offs. The DS30 index, comprising blue chips, also lost 4.42 points to finish at 1,853. The DSE ...

MNA Business Desk: Stocks extended the losing streak for the second day in a row on Wednesday, as worried investors continued their selling binge on sector-wise shares. Market analysts said dearth of quality stocks, lack of investors’ confidence and shortage of liquidity for the erosion in stock prices. The finance minister’s latest remarks on capital market made investors frustrated. The market opened on negative note and turned positive in the mid-session. But, the index failed to sustain in the positive zone amid selling pressure. At the end of the session, DSEX, the prime index of the Dhaka Stock Exchange (DSE), ...

MNA Business Desk: The net foreign funds in the Dhaka Stock Exchange (DSE) remained negative in November as foreign investors were reluctant to put fresh stakes, reported news agency. Market insiders said depreciation of taka against the US dollar coupled with political tension surrounding national elections played a crucial role in withdrawing funds by the foreign portfolio investors. In November, the overseas investors collected shares worth Tk 3.24 billion but sold shares worth Tk 3.46 billion, resulting in their net position negative by Tk 0.22 billion, according to statistics available with the DSE. In October, the foreign investors’ net position ...

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 ...

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 ...

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 ...

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 ...

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 ...