FE Report
Dhaka stocks gained for the third straight session Monday following the government's steps that include appointment of two new SEC members and move to re-investigate 14 different kinds of irregularities recommended by share market scam probe body.
The benchmark DSE General Index (DGEN), the yardstick of the market, went up by 113.71 points or 2.07 per cent to close at 5,603.59.
The newly appointed members joined the Securities and Exchange Commission (SEC) Monday.
The ministry of finance (MoF) asked the securities regulator Sunday to carry out further investigations into 14 different kinds of alleged gross irregularities in the capital market, which made the investors optimistic, commented a merchant banker.
The allegations include serial trading, share manipulation by companies and individuals and the state of affairs concerning 100 top overvalued listed companies.
Meanwhile, the market opened with a positive note gaining 20 points within five minutes but went negative for a while. After that it continued to rise amid moderate ups and downs and finally closed 113 points higher.
Dhaka stocks gained for the third straight session Monday following the government's steps that include appointment of two new SEC members and move to re-investigate 14 different kinds of irregularities recommended by share market scam probe body.
The benchmark DSE General Index (DGEN), the yardstick of the market, went up by 113.71 points or 2.07 per cent to close at 5,603.59.
The newly appointed members joined the Securities and Exchange Commission (SEC) Monday.
The ministry of finance (MoF) asked the securities regulator Sunday to carry out further investigations into 14 different kinds of alleged gross irregularities in the capital market, which made the investors optimistic, commented a merchant banker.
The allegations include serial trading, share manipulation by companies and individuals and the state of affairs concerning 100 top overvalued listed companies.
Meanwhile, the market opened with a positive note gaining 20 points within five minutes but went negative for a while. After that it continued to rise amid moderate ups and downs and finally closed 113 points higher.
No comments:
Post a Comment