capital market
DSEx and DS30 indexes slide while DSES up by 4.16 points in 1st hour
The Dhaka Stock Exchange (DSE), the country's main capital market, saw a decline in trading in the first hour on Sunday.
The 3 indexes of the Dhaka stock market DSEX and DS30 decreased while Shariah index DSES increased in the morning.
The main index DSEX decreased by 0.01 points to 5,194.42 points, the DSES Shariah index up by 4.16 points to 1166.10 points, and the DS30 special blue-chip index fell by 2.85 points to 1921.41 points during the first hour on Sunday.
Read: DSEX gains 9.42 points; 400 companies participate in trading
On the day, the trading record in the DSE shows that shares and units of 3.27 crore were exchanged through 31872 transactions. In the first hour, the market witnessed huge selling pressure, and shares and mutual funds worth Tk 101.9 crore were traded.
During this time, a total of 372 companies participated in trading. Among these, prices of 142 companies increased, 146 companies decreased and 84 companies remained unchanged at the DSE.
4 weeks ago
DSEX index up by 5.98 points and 184 companies’ price advance in first hour
The Dhaka Stock Exchange (DSE), the country's main capital market, saw an upward trend of trading in the first hour on Wednesday.
The 3 indexes of the Dhaka stock market DSEX, DSES and DS30 increased in the first session of the 4th working day of the week.
The main index DSEX increased by 5.98 points to 5,196.75 points, the DSES Shariah index up by 1.13 points to 1160.03 points, and the DS30 special blue-chip index increased by 0.99 points to 1923.74 points during the first hour on Wednesday.
Read: DSEX index drops by 8.06 points, TK 427.5 crore traded on Tuesday
On the day, the trading record in the DSE shows that shares and units of 4.79 crore were exchanged through 33539 transactions. In the first hour, the market witnessed huge selling pressure, and shares and mutual funds worth Tk 95.5 crore were traded.
During this time, a total of 365 companies participated in trading. Among these, prices of 184 companies increased, 106 companies decreased and 75 companies remained unchanged at the DSE.
1 month ago
DSEX index drops by 8.06 points, TK 427.5 crore traded on Tuesday
The Dhaka Stock Exchange (DSE) ended Tuesday’s trading with a downtrend.
Trading started in the morning with an upward trend, but indexes started to drop after 12 pm.
According to the trade record, the DSEX (broad index) decreased by 8.06 points to settle at 5,190.77 points, compared to 33.67 points up in the previous session (Monday). The Shariah-based DSES index fell by 2.69 points to settle at 1158.89 points, and the DS30 blue-chip index increased by 10.87 points to settle at 1922.74 points on Tuesday.
A total of 17.14 crore shares and units changed hands through 127188 transactions, while 12.87 crore shares were traded in the previous session.
A total of Tk 427.5 crore worth of shares and bonds were traded in the DSE on Tuesday which saw an increase from the previous session of Tk 362.6 crore.
Out of the 399 companies that participated in trading, 162 advanced, 164 declined and 73 remained unchanged at the DSE.
Read: DSEX index gains 33.67 points, prices of 223 companies up
The port city bourse, CSE, also settled on an upward trend of trading. The All-Share Price Index (CASPI) increased by 36.6 points and settled at 14502.88 points.
On the CSE, 206 companies participated in trading. Of them, 115 companies recorded price gains, 61 companies saw decline, and 30 companies remained unchanged.
At the CSE, shares and units of 27.26 lakh changed hands through 1966 transactions. The value of trading shares and units was Tk 6.73 crore, which was Tk 8.49 crore in the previous session.
1 month ago
DSEX index increases by 6.91 points with Tk 81.5 crore traded in first hour
The Dhaka Stock Exchange (DSE), the country's main capital market, saw a mixed trend of trading in the first hour on Monday.
The 3 indexes of the Dhaka stock market DSEX, DSES went up, and DS30 decreased in the first session of the second day of the week.
The main index DSEX increased by 6.91 points to 5,172.08 points, the DSES Shariah index up by 2.73 points to 1150.85 points, and the DS30 special blue-chip index down by 0.34 points to 1919.27 points during the first hour on Monday.
DSEX index drops by 34.44 points, prices of 270 companies decrease
On the day, the trading record in the DSE shows that shares and units of 3.31 crore were exchanged through 27171 transactions. In the first hour, the market witnessed huge selling pressure, and shares and mutual funds worth Tk 81.5 crore were traded.
During this time, a total of 357 companies participated in trading. Among these, prices of 174 companies increased, 90 companies decreased and 93 companies remained unchanged at the DSE.
1 month ago
DSEX drops by 5.56 points; prices of 130 companies falls during early trading
The Dhaka Stock Exchange (DSE), the country's main capital market, saw a downtrend in the first two hours on Monday.
Shares and units of 3.9 crore were exchanged through 43675 transactions. During this time, the market witnessed huge selling pressure, and shares and mutual funds worth Tk 118.2 crore were traded.
A total of 388 companies participated in trading. Among these, prices of 154 companies increased,130 companies decreased and 104 companies remained unchanged at the DSE.
Read: DSE index drops by 25.16 points as week begins
The main index DSEX decreased by 5.56 points to 5,190.84 points, the DSES Shariah index fell by 1.63 points to 1160.52 points, and the DS30 special blue chip fell by 3.50 points to 1931.61 points during the first two hours on Monday.
1 month ago
Dhaka stock market sees downtrend for third consecutive day
The Dhaka Stock Exchange (DSE) index dropped by 52.98 points within the first hour of trading on Sunday, reflecting a downturn in Bangladesh's main capital market.
During this initial hour, trading volume reached Tk 71.2 crore. A total of 375 companies participated, with 248 experiencing price declines, 80 showing gains, and 47 remaining unchanged.
Read: DSE index hits four-month low amid investor concerns
The primary DSE index, DSEX, fell by 52.98 points to stand at 5,061.61. The DSES Shariah index saw a 12.91-point decrease, settling at 1,131.09, while the DS30 index, tracking blue-chip stocks, dropped by 18.40 points to 1,860.77.
3 months ago
Capital market should be key source of long-term investment: BSEC Chairman
Bangladesh Securities and Exchange Commission (BSEC) Chairman Khondoker Rashed Maqsood emphasized on Wednesday that the country’s capital market should be the primary source of long-term financing for investment in Bangladesh's economic future.
He stressed the need for collaboration and transparency between the regulatory body and the Dhaka Stock Exchange (DSE), signaling a shift towards a more participatory approach.
Chinese firm to invest $5.85 million in Adamjee EPZ
“Everyone has a significant role to play in achieving this goal,” Maqsood said during a discussion with the DSE's board of directors. “The BSEC will only intervene in policy matters, ensuring that the relationship between BSEC and DSE remains participatory, transparent, and fair.”
The meeting took place at the DSE boardroom, where Maqsood outlined that the BSEC aims to foster a fair and structured approach in its dealings with the stock exchange, rather than imposing unilateral decisions or acting outside the legal framework.
All RMG factories except 3 open in Savar, Ashulia, Gazipur
The discussion was attended by several high-ranking officials, including BSEC Commissioners Mohsin Chowdhury, Ali Akbar, and Farzana Lalarukh. Leading the DSE delegation was Chairman Mominul Islam, accompanied by members of the DSE Board of Directors.
3 months ago
How to Invest in Bonds: A Comprehensive Guide
Bonds are used by issuers to raise money from the capital market. In layman's terms, bonds are essentially instruments of debt created between the lender and the borrower. During certain economic situations, there might be a need for capital generation. As a result, it's normal to see a host of bonds being circulated in the market.
But how do you know which bond is right for you? What factors should you consider before investing in a certain bond? Let’s find out.
Types of Bonds
There are several ways to classify bonds. The most common ones are based on issuer, maturity, interest payment structure, and features. Let’s look at the different bonds under each basis.
Based on Issuer
Treasury Bonds
Treasury bonds are issued by the central bank directly on behalf of the government. For short-term investments, an alternative to treasury bonds can be treasury bills.
Read more: How to Buy Stocks: 10 Key Factors to Check
Municipal Bonds
Countries with provincial and local government structures may issue municipal bonds based on the government entity. It works the same way as treasury bonds.
Agency Bonds
Agency bonds are issued by government-affiliated or controlled entities. For example, a government-sponsored enterprise like Biman can issue bonds to raise capital to improve its infrastructure and service.
Investment Grade Bonds
Investment-grade bonds are issued by entities with high credit ratings. Typically the coupon rate for such bonds is low and the investment is more secure.
Junk Bonds
These bonds are issued by companies with low credit ratings and high default probabilities. The returns from these bonds are high whereas the overall investment is less secured.
Supranational Bonds
These types of bonds are issued by international entities like investment banks and the World Bank. The denomination of these bonds is not geographically limited.
Read more: Premortem Analysis: How to Anticipate Failure
Based on Maturity
Short Term Bonds
Short-term bonds usually have a maturity of less than three years. Treasury bills also fall under the short-term bond structure.
Medium Term Bonds
Medium-term bonds have a maturity period between 4 to 10 years.
Long Term Bonds
Long-term bonds usually have a maturity period of over 10 years. It also includes perpetual bonds.
Read more: How to Buy Bangladesh Government Treasury Bond: Everything You Need to Know
Based on the Interest Payment Structure
Fixed-Rate Bonds
Fixed-rate bonds usually have a fixed coupon rate throughout the maturity period of the bond. For example, the Bangladesh Government Treasury Bond is a fixed-rate bond.
Floating-Rate Bonds
Floating-rate bonds can fluctuate compared to a benchmark rate set at the start of bond sales. Here, the coupon rate varies during the lifetime of the bond.
Zero-Coupon Bonds
These types of bonds do not pay any periodic interest rate. Instead, these bonds are sold at a discount and the investor gets back the face value of the investment upon maturity.
Read more: Gold vs Diamond: Which Should You Choose for Investment?
Based on Features
Convertible Bonds
Bonds that can be transformed into predetermined shares of the borrowing entity.
Callable Bonds
Bonds that can be redeemed by the issuer before it reaches maturity.
Puttable Bonds
Bonds that can be sold by the investor to the issuer at a predetermined price before maturity.
Read more: Shares vs Bonds: What is the Ideal Investment Opportunity
Perpetual Bonds
Bonds that do not have any maturity date.
Inflation-Adjusted Bonds
Bonds whose coupon rate and the principal are adjusted per the inflation rate.
Sukuk
Bonds issued in line with the Islamic laws.
Read more: How to Raise Angel Investment for Startups in Bangladesh
8 months ago
Small investors’ woes in capital market unlikely to end before national polls: Analysts
Small investors in the stock market are frustrated as their wait for a good time gets delayed by the Bangladesh’s ongoing political unrest.
The political impasse over who should oversee the upcoming national polls is thwarting the stock market’s recovery from Covid-19 pandemic and the Ukraine-Russia war.
The small investors’ shares are stuck on the floor price (minimum sale rate) and overall economic downfall. This has been painful for many unfortunate small investors of the capital markets, according to market analysts.
Policymakers and the Bangladesh Securities and Exchange Commission (BSEC) paint a rosy picture for small investors saying that stock markets will rebound with enlistment of new companies and injection of big investments. But the situation for the small investors seems to be hopeless.
Read: Economy buffeted by political unrest amid declining forex reserves: Analysts
A large number of shareholders have remained stuck with their investment in the capital market for over a decade amid fading hopes.
“No one, not even the regulator or stock market authorities pay heed to their screams,” Abdul Latif, a grocery owner and one of the affected investors, told UNB in a broken voice. He said he invested Tk13 lakh in 2011 to buy shares of different companies listed in Dhaka Stock Exchange (DSE).
After graduation in 1998 Latif found no suitable job and then started a small business in the Motjheel area in 2002 with support from his father-in-law. He made a good profit in the business and invested money in the share market.
In 2010 Latif invested around Tk13 lakh of which 5 lakh was his own and 8 lakh borrowed from relatives. All of his investment was stuck in shares of different companies due to a big scam in the capital market in 2011.
Read: Govt aims to collect 11.2% of GDP in taxes by FY 2025-26
Like Latif, thousands of investors lost their hard-earned capital in 2011, and after that, some were able to gain part of the capita. But most of them left the capital market losing nearly all investment.
Many of such investors are still in the market hoping for a rebound in the DSE, but without any good news.
There is no sign of lifting the floor price before the next election. However, economists say that people do not have confidence in the market. BSEC advises investors to be patient until the general election is held by January next.
Dr ABM Mirza Azizul Islam, an economist and a former adviser of a caretaker government, told UNB that there has been a crisis in investors' confidence in the stock market for a long time.
“To this are added various economic crises, the international situation, and everything including elections and national politics,” he said.
Read: Despite challenges, govt hoping to restore economy’s pre-Covid momentum in current fiscal
As a result, first of all, steps should be taken to eliminate the trust crisis. In this case, trust should be ensured by establishing good governance, he said.
That is, the investors have to be given the assurance that if someone steals their money through manipulation, they will be prosecuted. Besides, the supply of good shares should be increased. Through these two steps, it is possible to eliminate the market problem. But it is not easy at all, said Dr Azizul Islam.
Dr Abu Ahmed, former professor of Dhaka University’s Economics Department, said there are two crises in the market: one on the demand side and the other in investor confidence.
On the supply side, the problem is that there are fewer good companies. As a result, it is a win-win situation for manipulation and syndicates, he said.
Read: Country’s first electrical testing laboratory on the cards
All in all, the stock market is currently in an unstable condition and gradually the situation is getting worse. The passage from here is very difficult, he said.
According to market insiders, the stock market situation is in a dire. The situation is not improving due to political uncertainty ahead of national elections, increases in commodity prices, and various international issues.
The market has lost its importance to the government as well. For those who are not directly involved with government policymakers, the stock market is a source of irritation.
Their thinking is like this - if there is no stock market, there will be no problem in the country. For these reasons, the government wants to hold the market with floor prices until the next national election. This brings an opportunity for syndicates blessed by the regulatory body to be controlling the market, the market insiders said. They spoke on condition of anonymity.
BSEC Chairman Professor Shibli Rubayat Ul Islam told UNB in this regard that the global situation is not in the hands of the regulator or the government. Investors should beware of investing with any company depending on rumours.
He also said due to a lack of financial literacy, people are sometimes investing in weak shares with an expectation of big profit which is not the right way of investment.
Read: BSEC sits with stock market stakeholders Thursday after drastic fall of share prices
1 year ago
Investors’ financial literacy must to boost capital market: Commerce Minister
Commerce Minister Tipu Munshi today said that both financial literacy and good business organizations are must to boost investment in the capital market.
The stock market is a crucial sector for the country’s economy, so knowledgeable investors can drive the capital market to be sustainable, he said.
The minister said this while speaking as the chief guest at the inaugural session of the Arthosuchak Capital Market Expo-2023, held at Institute of Diploma Engineers’ Bangladesh (IDEB) in Dhaka.
Tipu Munshi said that more than 50 percent of money is taken from the capital market in developed economies.
“We don’t have that situation in our country. Loans are taken from banks, which is creating several problems in the banking sector. If even 50 percent of the money came from the capital market, business and trade in our country are bound to improve,” the minister said.
A group with vest interest is cleverly defining the country’s political and economic development – spreading rumours and lies and trying to mislead people, the minister said.
Read more: BSEC working to enhance financial literacy for capital market investors: Prof Shibli
“The country has progressed so much, and they say, it is not right. But they can no longer deny the visible improvement. Those who are doing this, they do not want development of this country,” Munshi said.
Professor Shibli Rubayat-Ul-Islam, chairman of BSEC, attend the function as special guest, while Ziaur Rahman, editor of Arthya Suchak presided over the program.
Chairman of Dhaka Stock Exchange (DSE) Md Eunusur Rahman, Chittagong Stock Exchange (CSE) Chairman Asif Ibrahim, Bangladesh Publicly Listed Companies Association (BAPLC) President Anis Ud Dowla, Bangladesh Merchant Bankers Association (BMBA) President Sayedur Rahman and Dhaka Brokers Association (DBA) President Richard De Rosario, among other, spoke in the function.
Read more: IMF for capacity building of capital market in Bangladesh
2 years ago