Stock-market

The Bangladesh Securities and Exchange Commission (BSEC) has taken disciplinary action against the board of directors and relevant officials of Dominage Steel Building Systems Limited over allegations of irregularities, concealment of information and fraud in the use of initial public offering (IPO) funds. Each of the company’s five directors has been fined Tk 10 million. The regulator has also fined two former officials Tk 500,000 each. The total fines imposed on those involved with Domin...

The country's premier bourse, the Dhaka Stock Exchange (DSE), experienced a severe bearish sentiment last week. The benchmark index fell on four out of the five trading days, erasing approximately Tk 3,803 crore from the overall market capitalization. Alongside the decline in indices and market value, trading activity also dropped significantly over the week.Persistent gas shortages have raised serious concerns about production disruptions at listed manufacturing companies, including textiles, d...

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...