BSEC offers recipe to boost market

The Bangladesh Securities and Exchange Commission has thought of a proposition to consistent the nervous capital market, an archive acquired by The Daily Star appeared. 

DSEX, the benchmark file of the Dhaka Stock Exchange, lost 9.90 percent in esteem since the turn of 2018. 

The controller has recognized three noteworthy focuses - rethinking of banks' capital market presentation, broadening the time period for bringing down banks' advance store proportion and expanding the speculation limit of state-claimed Investment Corporation of Bangladesh. 

BSEC made the seven-point suggestion in view of the data it got from two stock trades, shipper financiers, specialists' affiliation and different partners. 

"We have been encouraging the administration to address these issues for quite a while however they have failed to attract anyone's attention," said a high authority of the BSEC. 

Dhaka stocks yesterday increased 11.41 focuses to close the day at 5,635.05 focuses, kicking the four-day losing streak. 

"The chief bourse shut insignificantly higher in the midst of speculators' certain view towards the market," EBL Securities said in its every day advertise investigation. The record opened on a positive note and the energy proceeded all through the session, it included. Turnover, another vital pointer of the market, took off 20.6 percent to Tk 224.08 crore, after a sum of 6.75 crore shares and common reserve units changed hands on the DSE. 

Of the exchanged issues, 177 progressed and 92 declined, while 54 stayed unaltered on the chief bourse. Monno Ceramics ruled the turnover outline with its exchanges worth Tk 10.02 crore, trailed by Grameenphone, IFAD Autos, BRAC Bank and Square Pharmaceuticals. 

Among the real areas, designing expanded 0.80 percent in advertise capitalisation, trailed by pharmaceuticals at 0.60 percent, disaster protection 0.40 percent and material 0.30 percent. 

Bank and non-bank money related foundations declined 0.10 percent and 0.26 percent separately. Beximco Synthetics was the day's best entertainer, posting a pick up of 9.62 percent, trailed by Imam Button at 9.46 percent and CAPM IBBL Islamic Mutual Fund 9.43 percent. 

IPDC was the day's greatest failure, shedding 7.96 percent, trailed by Republic Insurance at 3.62 percent and First Janata Bank Mutual Fund at 3.28 percent. 

Chittagong stocks additionally picked up yesterday, with the bourse's benchmark record, CSCX, adding 22.6 focuses to complete the day at 10,520 focuses.