Investors started fresh demonstration in front of the Dhaka Stock Exchange in Motijheel Monday when the market resumed trading amidst a negative note. Small investors belonging to different platforms were chanting slogans against officials of the stockmarket regulators, stock exchanges and the finance ministry when this report was filed. Twenty minutes into the resumption of [...]

Prices of almost all stocks went up Thursday continuing a recovery from a downtrend that reigned past few weeks. The general index of Dhaka Stock Exchange (DGEN) gained 200 points to reach 5,5560 at 1:50pm when this report was filed. Of the issues traded, 245 advanced and seven declined. The day’s total trade was at [...]

Share prices at the country’s two premier bourses showed uptrend as the day’s trading began on Monday. The Dhaka Stock Exchange (DSE) general index gained 171.70 points or 2.96 percent to 5956.66 at about 1:00pm. Of the 251 issues traded by then, 247 advanced, 1 declined and 3 remained unchanged.   Meanwhile, Chittagong Stock Exchange [...]

Trying to help stock market, the central bank has extended time for commercial banks to adjust single borrower exposure limit by another year.   Executive director S K Shur Chowdhury told bdnews24.com around Monday noon that the banks with marchant banking operations will now have until Dec 31, 2012 to bring down their exposure. Source: [...]

  The Bangladesh Bank has decided to give merchant banks more time to adjust single-party exposure limit in a bid to help the drooping capital market. The current deadline is Dec 30 for these banks to bring down such exposure to 15 percent of their paid-up capital. Securities and Exchange Commission (SEC) spokesman Saifur Rahman [...]

  The finance minister, Abul Maal Abdul Muhith, on Monday said the Dhaka and Chittagong stock exchanges would finalise by December roadmaps for their demutualisation. He said the government would bring necessary changes in the Companies Act 1994 and complete the demutualisation process of the bourses by December 2012. Muhith was speaking to reporters after [...]

  Finance Minister AMA Muhith has said, granting of transit rights to India and other neighbouring countries is very important for Bangladesh as the country wants to become an economic hub of the region. He said, transit facilities will turn Bangladesh into a regional hub by linking the projects with not only with Bhutan, India [...]