The chaos surrounding certain demands by a section of Bangladesh Securities and Exchange Commission (BSEC) officials and employees in early March was aimed at protecting stock looters and manipulators exposed in an ongoing investigation, according to initial BSEC findings.
It is a positive sign for investors that directors of several well-known listed firms are purchasing their own shares, believing them to be undervalued amid a lack of buyers.
The Bangladesh Securities and Exchange Commission (BSEC) has withdrawn an order on investigating fund transfers of RACE Asset Management PLC while returning the right to manage the funds to the asset manager.
It follows a directive from the finance ministry
The commission also wants the fund dedicated for each bank to be increased to Tk 300 crore
The DSEX advanced 44.92 points, reaching 5209.76 as of 11:04 am.
Finance adviser to visit BSEC today
The investors claimed that the BSEC chairman had failed to prevent the market's downturn.
NCC Bank plans to appeal the decision and seek a review
Sikder Insurance Company Limited has invested most of its assets in the capital market, parking funds in a single stock of scandal-ridden National Bank Ltd (NBL), in a corporate wrongdoing influenced by family ties.
The Bangladesh Securities and Exchange Commission has allowed the United Commercial Bank (UCB) to raise Tk 300 crore through perpetual bonds.
The stock market regulator will withdraw the market’s floor price as soon as the economy reaches a stable condition and investments of investors are secured, said a top official of the Bangladesh Securities and Exchange Commission (BSEC) today.
Most of the global stock indices plunged last March when the war between Russia and Ukraine escalated but they took only two months before bouncing back despite the conflict-induced turmoil worldwide.
The Bangladesh Securities and Exchange Commission (BSEC) has awarded 11 stock market intermediaries for their “outstanding performance” in 2021.
The Bangladesh Securities and Exchange Commission has rejected Baraka Power Limited's application aimed at issuing a Tk 150 crore fully redeemable non-convertible zero-coupon bond.
When the stock market goes through a bearish trend, the regulator usually prods institutional investors, mostly unofficially, to pour money to revive it and some of them respond positively.
Bangladesh Securities and Exchange Commission did not allow any listed company to raise funds through rights offers last year as it followed a go-slow policy in giving approvals.
