The Bangladesh Securities and Exchange Commission (BSEC) has alleged that manipulators were fuelling protests against the regulator to prevent it from taking a stand against corruption and reforming the stock market.

The stock market regulator formulated a large number of policies, rules and regulations and passed orders in the last 15 years citing the best interests of investors.

Stocks in Bangladesh witnessed a massive jump yesterday amid hopes of a revival of the market following the exit of Sheikh Hasina from Bangladesh after her resignation from the post of prime minister on Monday.

For stock investors in Bangladesh, the just-concluded fiscal year was the worst in four years, with the benchmark index of Dhaka Stock Exchange losing over 1,000 points.

In the two and a half months preceding last Sunday, the DSEX, the benchmark index of Dhaka Stock Exchange (DSE), dropped 794 points, or 12 percent.

Bangladesh’s stock market has been going through a bear run for the last two months despite petering out of election-linked uncertainty, signaling that the worries about the macroeconomic challenges are far from over.

The benchmark index of the Dhaka Stock Exchange (DSE) fell yesterday, snapping a two-day winning streak, as some traders booked profits. 

Dhaka stocks gained in early trade today, halting the losing streak the bourse suffered for eight days in a row.

Bangladesh’s stocks fell in the early trade erasing some gains made in the previous two days

DBH Finance PLC has decided to issue a Tk 550 crore bond to facilitate affordable home finance.

The stock market of Bangladesh has been going through a bad patch for a year due to the presence of floor price, with political and macroeconomic uncertainties worsening the situation. 

The stock market is being administered with a short-term cure, the floor price, to halt its bear run sacrificing long-term stability through the erosion of confidence among institutional and foreign investors.