Stocks dropped yesterday after a four-day gaining streak due to the profit booking tendency among investors in the banking, non-bank financial institution (NBFI), and mutual fund sectors.

Bangladesh Securities And Exchange Commission (BSEC) decided to halt the effectiveness of stock broker licence of Firstlead Securities as it did not pay the fine that was imposed due to breaking rules.

Sandhani Asset Management Limited (SAML) got the nod from the stock market regulator to run the business.

The stock market fell today breaking a four-day gaining streak.

Bank stocks contributed the most as the market index continued to rise for a fourth consecutive day yesterday.

The stock market continued to rise for the last four consecutive days, pushing the benchmark index to hit a new high today.

The stock index has continually soared for the past three days, lifting the benchmark index of Dhaka Stock Exchange (DSE) to a new high yesterday, while junk stocks were the top gainers.

US and European stock markets made modest gains on Friday after days of records as concerns about the pandemic sparked a surprise collapse in US consumer confidence.

Investor participation in the local stock market’s banking, non-bank financial institution (NBFI), and cement sectors soared last week while the insurance sector was lacklustre in attracting funds.

The stock market regulator has decided to extend loan facilities for investors to buy stocks when the index is at its historical highest level despite analysts’ criticism against loan-based investment in the stock market.

People can now take loans up to 80 per cent of their investment in the stock market if the benchmark index crosses past 7,000 points and stays in between 8,000.

The Dhaka stock index soared sharply to almost 6,700 points yesterday alongside retail investors’ participation while Bangladesh Bank continues to mop up excess liquidity from the banking system.

The trustee board of two funds of the Capital & Asset Portfolio Management (CAPM) Company yesterday announced dividends for unitholders for the year ending on June 30, 2021.   

The Dhaka stocks rallied today sending the benchmark index to near 6,700 amid retail investors’ increased participation.

South Bangla Agriculture and Commerce Bank (SBAC) debuted on the stock market yesterday and the price of its shares almost immediately soared by 10 per cent as no one was selling the stock.

Within less than five years of getting listed in the stock market, Nurani Dyeing has kept its factory shut for a long time without informing its investors.

South Bangla Agriculture and Commerce Bank (SBAC) debuted on the stock market today and the price of its sharew soared 10 per cent as most of the time there was no seller of the stock.

Stocks dropped yesterday following a six-day rally as many investors tried to book profits. The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), edged down 10 points, or 0.15 per cent, to 6,617.

The Bangladesh Securities and Exchange Commission (BSEC) yesterday formed a four-member committee to probe the recent unusual price hike of nine listed companies.

Berger Paints Bangladesh’s profit jumped seven times as its business returned to normalcy in the April to June quarter, recouping the losses incurred a year ago owing to the coronavirus pandemic.