The chaos surrounding certain demands by a section of Bangladesh Securities and Exchange Commission (BSEC) officials and employees in early March was aimed at protecting stock looters and manipulators exposed in an ongoing investigation, according to initial BSEC findings.
It is a positive sign for investors that directors of several well-known listed firms are purchasing their own shares, believing them to be undervalued amid a lack of buyers.
The Bangladesh Securities and Exchange Commission (BSEC) has withdrawn an order on investigating fund transfers of RACE Asset Management PLC while returning the right to manage the funds to the asset manager.
It follows a directive from the finance ministry
The commission also wants the fund dedicated for each bank to be increased to Tk 300 crore
The DSEX advanced 44.92 points, reaching 5209.76 as of 11:04 am.
Finance adviser to visit BSEC today
The investors claimed that the BSEC chairman had failed to prevent the market's downturn.
NCC Bank plans to appeal the decision and seek a review
The chaos surrounding certain demands by a section of Bangladesh Securities and Exchange Commission (BSEC) officials and employees in early March was aimed at protecting stock looters and manipulators exposed in an ongoing investigation, according to initial BSEC findings.
It is a positive sign for investors that directors of several well-known listed firms are purchasing their own shares, believing them to be undervalued amid a lack of buyers.
The Bangladesh Securities and Exchange Commission (BSEC) has withdrawn an order on investigating fund transfers of RACE Asset Management PLC while returning the right to manage the funds to the asset manager.
It follows a directive from the finance ministry
The commission also wants the fund dedicated for each bank to be increased to Tk 300 crore
The DSEX advanced 44.92 points, reaching 5209.76 as of 11:04 am.
Finance adviser to visit BSEC today
The investors claimed that the BSEC chairman had failed to prevent the market's downturn.
NCC Bank plans to appeal the decision and seek a review
The Bangladesh Securities and Exchange Commission (BSEC) has alleged that manipulators were fuelling protests against the regulator to prevent it from taking a stand against corruption and reforming the stock market.
