Tag: Share market
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Awami League MPs advocate converting black money into white through investment in stock market
He said that although the government is giving special facilities to tax evaders, it cannot discriminate against regular and honest taxpayers. The opportunity to convert black money into white by paying 15 percent tax is discriminatory and unethical. Noor Mohammad further said that the stock market has been going through the worst phase in its…
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Asian markets remain mixed as traders halt ahead of US inflation data
The discussion on the US rate outlook comes as expectations rise that the European Central Bank and the Bank of England are planning summer cuts. London, Paris, Frankfurt and Amsterdam all hit new highs, with stocks also benefiting from strong first-quarter earnings. However, Asian markets were mixed in the early going, with Shanghai, Sydney, Seoul,…
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Shares continue to fall despite circuit breaker
The Dhaka bourse witnessed a sustained decline in indices on Thursday, despite the regulator's move to keep stocks floating through a 3 per cent circuit breaker. The main index of Dhaka Stock Exchange (DSE) DSEX fell by nearly 100 points in the early hours. However, it managed to recover to some extent in the following…
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Share market: Investors lost Rs 1100 bk in 48 days
failed recovery attempts According to insiders, in an effort to keep the situation under control, the regulator called up top executives of various brokerage houses and merchant banks and asked them to reduce share sales. However, they are no longer trying to drive the market. BSEC Executive Director Mohammad Rezaul Karim said, “We want to…
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Why are investors leaving the stock market?
Why are investors leaving the stock market?
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Capital markets: There is a lack of confidence among investors as fear of manipulation looms.
There are some examples where common investors have suffered the most losses in the last two years. The share price of Sea Pearl Beach Resort, which was Tk 44 in July 2022, rose rapidly and reached more than Tk 320 within six months. Inspired by the good returns, some ordinary traders invested in the stock…
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Stock Market Analysis: DSE index falls below 6,000 points, demands for market regulation reforms
“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…
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DSEX: Investors misled due to withdrawal of good companies, manipulative stocks dominate
Investors are getting the wrong message as a large number of good companies have been ousted from the Dhaka Stock Exchange (DSE)’s flagship index – DSEX – leaving manipulative stocks to dominate. In the DSE, leading companies like ACI, RAK Ceramics, Titus, Crown Cement, Walton, IDLC and IPDC, known for their strong fundamentals, have been…
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DSE turnover exceeds Tk 11b-mark
DSE turnover exceeds Tk 11b-mark
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Floor price removed from all shares, but from 35 companies
The 35 companies are: Anwar Galvanizing, Baraka Power, British American Tobacco Bangladesh, Beximco Limited, Bangladesh Submarine Cables, BSRM Limited, BSRM Steel, Confidence Cement, DBH, Doreen Power, Envoy Textile, Grameenphone, HR Textile, IDLC Finance, Index Agro Industries. , Islami Bank, KDS Accessories, KPCL, Kattali Textile, Malek Spinning, National Housing Finance, National Polymer, Orion Pharmaceuticals, Padma Oil,…
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Gold rises as Asia shares fall, oil slips – Market Updates and Analysis
This has resulted in pressure on the dollar, which has fallen 3 per cent against a basket of major peers this month. The euro was at $1.0940 EUR=EBS on Monday, not far from the recent four-month high of $1.0965, while the dollar softened to 149.23 yen JPY=EBS. Tighter official corrections for the Chinese yuan also…
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European shares do better as Italy calms bank tax jitters
European shares do better as Italy calms bank tax jitters
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European bank shares fall as crisis leaves trail
US officials have jumped in to contain the turmoil this month by protecting depositors of tech-focused SVBs, but US Treasury Secretary Janet Yellen declined to extend that protection more broadly. Yellen told lawmakers on Wednesday that she had not considered or discussed “full insurance” for deposits without congressional approval. His comments previously pressured shares of…
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India’s Adani weathers storm as investors rally for $2.5b share sale
But while the 30 per cent anchor portion of the issue was fully subscribed last week, book building saw only 3 per cent bids on Monday amid concerns over a fall in Adani’s shares. By Tuesday, the overall share sale was fully subscribed due to flood of foreign institutional investors and corporate funds, although participation…
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Fraud claim wipes out $45 billion from India’s Adani Group
Shares of Adani Enterprises fell to Rs 2,712 ($33), its lowest point in the day, well below the FPO price band of Rs 3,112-3,276 per share. The Hindenburg Report accused the Adani group of engaging in “a brazen stock manipulation and accounting fraud scheme over the course of decades”. It claimed that Adani’s elder brother…