Dhaka Stock Exchange (DSE)
Dhaka Stock Exchange: Tk 292cr traded in two-hour decline
The Dhaka Stock Exchange (DSE), Bangladesh's primary stock market, faced a downturn Thursday morning, with indices slipping after Tk 292 crore in trades took place during the first two hours of trading.
Market data from the DSE revealed that shares and units totaling 13.59 crore changed hands across 98,625 transactions.
Dhaka Stock Exchange closes on a high note today; 373 companies see price increase
A total of 395 companies participated in the session, with mixed results: 168 companies saw their share prices rise, while 184 experienced a decline, and 43 remained unchanged.
The DSEX, DSE’s main index, dropped by 14.32 points to stand at 5,150.51 points. The Shariah-based DSES index declined by 4.83 points, closing at 1,131.38, while the DS30, representing blue-chip stocks, fell 3.87 points to 1,911.98.
3 weeks ago
Stock surges for second day, shares of Tk192 crore traded in first 1:30 hours at DSE
The Dhaka Stock Exchange (DSE), the country's main capital market, indexes saw an upward trend and Tk192 crore shares trated in the onening 1:30 hours on Wednesday.
The trading record in the DSE shows, shares and units of 7.82 crore exchange through 68547 transactions. The trading transactions of Tk86.65 crore made within first 1:30 hours on the day.
Dhaka Stock Exchange: Prices of 312 companies rise after four-day slump
During this time, a total of 393 companies participated in trading. Among these, prices of 366 companies increased, 15 companies decreased and 12 companies remained unchanged at the DSE.
The main index DSEX increased by 100.19 points to 5117.51 points, the DSES Shariah index up by 17.55 points to 1131.22 points and the DS30 special blue chip index increased by 39.92 points to 1898.20 points during first 1:30 hours on Wednesday.
3 weeks ago
Investors protest decline in stock market
The investors of Dhaka Stock Exchange (DSE) formed a human chain in front of DSE building in Motijheel on Monday, protesting the continuous fall in share prices.
The protesters under the banner of Bangladesh Pujibadi Oikya Parishad demanded the authorities to bring stability in the stock market as indexes reached its lowest level on Sunday in over four months.
DSE continues downtrend for fourth day amid high selling pressure
The protesters also demanded the resignation of Chairman Bangladesh Securities and Exchange Commission (BSEC) Khondoker Rashed Maqsood.
However, an official of the BSEC preferring anonymity told UNB that a group of beneficiaries of the previous government got annoyed with the regulator as the BSEC fined them and started an investigation for their involvement in market manipulation.
As a result, they are demanding the resignation of the BSEC Chairman without any valid reason, said the official.
3 weeks ago
DSE sees surge with Tk 358.22cr in trading today
The Dhaka Stock Exchange (DSE) witnessed a significant surge in trading on Tuesday, with transactions totaling Tk 358.22 crore. This marks a continued positive trend for the second consecutive day, signaling renewed investor confidence.
The DSE's main index, DSEX, jumped by 68.66 points, closing at 5241.77. The DSES (Shariah) index rose by 17.03 points to 1174.02, while the DS30 index, tracking blue-chip stocks, climbed by 20.54 points to reach 1924.33 points.
Tuesday's trading session saw the prices of 306 companies rise, while 55 companies experienced declines, and 63 remained unchanged. This follows two days of increasing prices for various shares and mutual funds.
Investors have shown increasing confidence as all three indices posted gains for the second consecutive day. The day's total transaction volume of Tk 358.22 crore was approximately Tk 14 crore higher than Monday's figure of Tk 344 crore.
DSE surges as 315 share prices rise in early trading
Meanwhile, the Chittagong Stock Exchange (CSE) also saw an uptick. The CASPI index increased by 0.75 points, closing at 14623.30 points. A total of 198 companies and mutual fund units were traded, with 127 seeing price increases, 46 recording declines, and 25 remaining unchanged.
The CSE's transaction volume rose significantly, reaching Tk 13.67 crore, an increase of Tk 8 crore compared to the previous day's transactions.
4 weeks ago
DSE faces downturn for second consecutive day as most company shares decline
The Dhaka Stock Exchange (DSE), Bangladesh's primary capital market, saw a continued downturn in trading for the second consecutive day on Tuesday.
During the first one and a half hours of trading, the majority of companies experienced price declines. Out of 386 companies traded in the early session, shares of 201 companies fell, 93 companies showed gains, and 88 remained unchanged.
The DSEX, the main index of the DSE, dropped by 20.31 points to 5,353.22. The DSES Shariah index, which tracks Shariah-compliant companies, decreased by 3.36 points to 1,188.21, while the DS30 index, which focuses on blue-chip stocks, fell by 6.54 points to 1,962.97 during the first two hours of trading.
DSE gains 98 points, transaction reaches Tk 376.60cr today
A total of Tk 167 crore worth of shares and units were transacted within this period.
On the previous day (Monday), the market also faced a significant decline. The DSEX closed down by 48.51 points at 5,373, with the DSES Shariah index dropping 14.29 points to 1,191.57, and the DS30 blue-chip index falling by 15 points to 1,969.52.
Monday's trading saw shares of 396 companies being traded, with 225 companies experiencing price drops, 119 gaining, and 52 remaining unchanged. Transactions on Monday totaled approximately Tk 350.73 crore.
1 month ago
Dhaka stocks drop in early trading today
In the first hour and a half of trading on Tuesday, the Dhaka Stock Exchange (DSE), the country's main capital market, experienced a downturn across all its major indices. The market showed mixed performance, with share prices of 127 companies rising, 182 companies declining, and 82 remaining unchanged.
As per DSE data, the benchmark index, DSEX, dropped by 24.99 points, settling at 5,310. The DSES (Shariah index) fell by 5 points to 1,184, and the DS30, which tracks the performance of blue-chip companies, decreased by 14 points to 1,927.
This dip follows recent fluctuations in the stock market, highlighting the volatility of investor sentiment.
1 month ago
Shakib’s company involved in share manipulation, DSE investigation finds
Dhaka Stock Exchange (DSE) has found evidence of share manipulation by a company whose chairman is cricketer Shakib Al Hasan.
An investigation report of DSE has highlighted how the manipulation happened. The investigation shows that Kazi Sadia Hasan, Managing Director of Monarch Holdings, was involved in share market manipulation. Shakib is the chairman of the company.
During this incident, the capital market regulatory body Bangladesh Securities and Exchange Commission (BSEC) fined Abul Khair Hero and others of the group Tk 3.55 crore. Orders have also been issued by BSEC for recovery of the penalty amount. Of this, Tk 3 crore was fined for One Bank share manipulation and the remaining was fined for BDcom share manipulation.
Read: Shakib cancels contract with Betwinner News after BCB warning
A DSE report has revealed that 11 individuals and institutions were involved in trading significant amount of One Bank shares during the major rise in the bank's share price.
Those involved include Abul Khair Hero, his wife Kazi Sadia Hasan, father Abul Kalam Matbar, and sister Kanika Afroz. Its beneficiary firms are Candlestone Investments Partners and star cricketer Shakib Al Hasan. Three listed companies in the stock market are Genex Infosys, Fortune Shoes, and Sonali Paper and Board Mills.
Hero reportedly supervised trading shares in the names of Shakib Al Hasan, Genex Infosys, Fortune Shoes, and Sonali Paper.
According to the investigation report of DSE, from November 15 to 30 last year, the share price of One Bank increased from Tk 12.60 to Tk 20.10, a percentage increase of 59.62 percent.
DSE investigations revealed that Kazi Sadia Hassan, wife of Abul Khair Hero (client code # 3898 of the UCB Stock Brokerage Limited) was the top buyer of One Bank shares during the period.
2 years ago
DSE cracks whip on Modern Securities
The Dhaka Stock Exchange (DSE) has cracked the whip on Modern Securities Limited, having found a deficit of Tk 7 crore in the consolidated customers’ account of the brokerage firm.
The DSE has now given Modern Securities three working days to return the money to their customers' account, also seeking an explanation from the firm's top honchos on the discrepancy within a week.
Read: Investors lose Tk 10,261 crore at DSE in one week
The DSE's action followed an investigation in the wake of allegations against the brokerage house.
A DSE team, led by Shafiqul Islam Bhuiyan, head and deputy general manager of DSE's monitoring and compliance department, visited the brokerage house on February 9.
Earlier too, at least three brokerage firms -- Banco, Crest and Tamha Securities -- were caught indulging in the same violation.
2 years ago
Stock markets continue to fall on the third day Tuesday
The benchmark index of Dhaka stock Exchange (DSE) fell for the third consecutive days on Tuesday.
The investors preferred remaining on the sideline like the previous couple of days as the DSEX fell by 43.68 points or 0.62 per cent to settle at 6954.35 on Tuesday. The share and unit price of majority of companies decreased.
The shares of 376 companies were traded on the day, of which 201 firms saw a fall in prices, 147 firms witnessed increase and 28 companies remained unchanged.
Read: Coronavirus: Volatile share market braces for impact
Among other DSE indices, the shariah-based DSES fell by 6.28 points or 0.42 per cent and the blue chip DSE-30to 19.76 points or 0.75 per cent. Over Tk 1293 crore was traded on DSE on the day. The trade volume was Tk 1,275 crore in the previous day.
Prime Textiles topped the gainers' list that rose 22 per cent followed by Evince Textiles, Far Chemical, Ring Shine Textiles, and Delta Spinners.
Stocks of Beximco Ltd traded mostly that worth Tk 124 crore followed by IFIC Bank, Alif Industries, Maksons Spinning, and Orion Pharmaceuticals.
Safko Spinning shed mostly with a 6.45 per cent drop followed by Mithun Knitting, Maksons Spinning, Bangladesh National Insurance, and Orion Pharmaceuticals.
The Chattogram bourse also fell today. The CASPI, the main index of the Chittagong Stock Exchange (CSE), dropped 134 points, or 0.65 per cent, to 20,404.
Among 289 stocks traded, 116 rose, 150 fell and 23 remained unchanged.
3 years ago
Stock market reforms to fail if rumours rule the roost: Minister
Mentioning that any move to shore up the country’s capital market cannot succeed in the face of rumormongering, Finance minister AHM Mustafa Kamal on Thursday said the government will take all necessary policies to strengthen the market as soon as possible.
4 years ago