Stock-market

The Bangladesh Securities and Exchange Commission (BSEC), the country’s stock market regulator, has taken the initiative to introduce script netting, or intraday trading, in the stock market. The new commission, led by BSEC Chairman Masud Khan, has approved the initiative. The approval was given at the 1,020th commission meeting held on Tuesday under the chairmanship of BSEC Chairman Masud Khan. The matter was later disclosed in a statement issued by the commission’s Executive Director an...

Export-oriented footwear manufacturer Royal Footwear has received approval to raise funds from the stock market through a Qualified Investor Offer (QIO). The Bangladesh Securities and Exchange Commission (BSEC) approved the company’s QIO to create long-term financing opportunities in the SME sector. It is the first QIO approval by the new commission led by BSEC Chairman Masud Khan after a gap of two years and two months. The approval was granted at the 1,020th commission meeting held on T...