In the tumultuous landscape of the Dhaka Stock Exchange (DSEX), investors find themselves navigating through a maze of uncertainties.
The main index for measuring share price performance in the stock market of Bangladesh continued to curve upwards yesterday even though the government has announced plans to slash export subsidies.
Investors are hardly showing any interest to buy stocks of banks mainly due to the sector’s key indicators portraying a gloomy outlook.
The main index of the stock market in Bangladesh remained relatively unchanged over the past fiscal year as most scrips were stuck at their floor price, according to market analysts.
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 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.
Five listed companies that have an accumulated loss of at least Tk 500 crore each saw their share price rise sharply in the past three months, whereas the stocks of the top profit-makers fell.
A common scenario in the domestic stock market is low performing stocks becoming the top gainers no matter how the market indices react.
The finance minister has proposed abolishing the scope for whitening of black money through the stock market.
Bangladesh is set to get its first exchange-traded funds (ETFs) in three months which would give a new product to investors and contribute to stabilising the stock market.
Gyankosh Prokashoni has announced the publication of a book on the stock market at the upcoming Amar Ekushey Boi Mela 2022.
The stock market continued falling for five consecutive days as investors keep taking profits home today.