“If someone has invested in good stocks, there is no need to panic and sell those stocks,” Farooq Ahmed Siddiqui, former chairman of Bangladesh Securities and Exchange Commission (BSEC), the capital market regulatory body, told Prothom Alo. Even if the prices of these stocks fall temporarily, this will change.
According to relevant sources, BSEC held a meeting with DSE officials regarding exclusion of 83 companies from DSEX during the annual adjustment of the index and inclusion of manipulated stocks in the index, but no decision regarding inclusion of the companies was taken. Not taken. In the index or in adjustment of the index.
According to Prothom Alo’s investigation, the companies whose shares have seen abnormal growth through irregularities and manipulation in the last one and a half years are now determining the movements of the DSEX index. Due to this, a large number of listed companies dropped out of the index. On one hand, the contribution of companies considered bad in the index calculation has increased, while on the other hand, the representation of good companies has decreased. As a result, the DSEX index is sending the ‘wrong message’ to investors.