On the one hand, the index of Dhaka Stock Exchange (DSE), the country’s primary stock market, has increased. On the other hand, the pace of trading is also good. At the same time, DSE has set a record in market capitalization. For the first time, the market capitalization has crossed the milestone of Rs 5 lakh crore.
At the close of trading on Thursday (January 14), the DSE market capitalization stood at 5 lakh 1 thousand 609 crores. Along with the market capitalization, the main index DSEX has risen 139 points today. On the Chittagong Stock Exchange (CSE), the overall index CASPI rose 369 points.
Record of market capitalization on DSE
The total turnover on the DSE on Thursday was Tk 2,060 crore. Among the exchanged shares and mutual funds, prices rose by 159, declined by 133, and remained unchanged at 70.Meanwhile, the capital market regulator BSEC has fixed the interest rate on margin loans in the stock market for the first time. Instructions were given on Wednesday. The implementation of the decision taken to investigate the abnormal rise in the share price has been postponed.
BSEC Has fixed the interest rate on margin loans in the stock market
The BSEC issued a separate directive on Wednesday. It said the January 12 directive on the investigation of listed securities was put on hold until further notice. In its directive on Tuesday, the BSEC said it would look into manipulating companies whose share prices have risen or fallen by more than 50 percent in a single month.
If a company’s average monthly turnover is five times higher than the previous six-month average turnover, its shares will also be investigated. Following this announcement, there was a massive reaction in the stock market.
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