Most shares on the Dhaka Stock Exchange (DSE) fell today despite a cut in the corporate tax rate for listed companies.

Shares opened the week lower as most of the scrips on the Dhaka Stock Exchange (DSE) fell today, despite a cut in the corporate tax rate for listed companies.

No matter how hard the government tries to give a message that Bangladesh would not face a Sri Lanka like crisis, edgy stock market investors don’t seem to be in the mood to listen. 

GPH Ispat begins commercial production in its Tk 2,390 crore plant to produce MS billet and rod today, which fuelled the company’s share price to instantly see a 2.47 per cent rise in the stock market.

The central bank has widened banks’ scope to invest in the stock market and infrastructural fund as the government looks to put a pause on the longer than usual bear run. The DSEX, the benchmark index of the premier bourse, lost 774.55 points, or 13.07 percent, in the last three months.

Bangladesh must develop its capital and bond markets to meet the long-term financing needs of infrastructure projects as bank loans are not viable for mega initiatives worth billions of dollars, said a top official of a state-run non-bank financial institution. “Funds will have to come from the stock market

A special tribunal jailed two top brass of a textile company for four years in a case filed over capital market manipulation in 1996.