Stock market intermediaries yesterday urged the government to widen the corporate tax rate gap between listed and non-listed companies to encourage more companies to go public.
Have you ever bought any pack of flour produced by Yusuf Flour Mills or heard the name of Yusuf Moyda, the brand under which the company is selling the item?
By removing the floor price for nearly half of the companies listed in the country in December while retaining the regulatory measure for the rest, the Bangladesh Securities and Exchange Commission (BSEC) has effectively moved to a dual system.
The biggest factor behind the disconnect is that the largest companies with stable profitability refuse to come to the market.
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.
Stocks rose today thanks to the increased participation of investors as the stock market regulator has decided to sit with the stakeholders to find the reasons behind the falling trend of the market.
Stocks in Bangladesh fell today as investors largely stayed away from trading amid the ongoing crisis at home and abroad.
A rumour was going on that the International Monetary Fund (IMF) may ask the stockmarket regulator to lift the floor price as a condition of a new $4.5 billion loan, but the lender did not raise the issue in a meeting with the BSEC today.
Though Bangladesh has made stellar progress in many economic indicators in the past one decade, entrepreneurs, industrialists and the entire business sector still rely on the banking sector for financing.
Stock market intermediaries yesterday urged the government to widen the corporate tax rate gap between listed and non-listed companies to encourage more companies to go public.
Have you ever bought any pack of flour produced by Yusuf Flour Mills or heard the name of Yusuf Moyda, the brand under which the company is selling the item?
By removing the floor price for nearly half of the companies listed in the country in December while retaining the regulatory measure for the rest, the Bangladesh Securities and Exchange Commission (BSEC) has effectively moved to a dual system.
The biggest factor behind the disconnect is that the largest companies with stable profitability refuse to come to the market.
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.
Stocks rose today thanks to the increased participation of investors as the stock market regulator has decided to sit with the stakeholders to find the reasons behind the falling trend of the market.
Stocks in Bangladesh fell today as investors largely stayed away from trading amid the ongoing crisis at home and abroad.
A rumour was going on that the International Monetary Fund (IMF) may ask the stockmarket regulator to lift the floor price as a condition of a new $4.5 billion loan, but the lender did not raise the issue in a meeting with the BSEC today.
Though Bangladesh has made stellar progress in many economic indicators in the past one decade, entrepreneurs, industrialists and the entire business sector still rely on the banking sector for financing.
The final quarter of the year got off to a shaky start on Monday, with world stocks languishing at their lowest levels since late 2020 - when the global economy was still reeling from the COVID-19 pandemic.