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The bullish market turned bearish during 2010, with the exchange losing 1,800 points between December 2010 and January 2011. [3] Millions of investors have been rendered bankrupt as a result of the market crash. The crash is believed to be caused artificially to benefit a handful of players at the expense of the big players. [3]
No individual or firm can buy more than one share. According to the stock market rule, only members can participate on the floor and buy shares for themselves or their clients. At present, it has 238 members. The market capitalization of the Dhaka Stock Exchange reached nearly $9 billion in September 2007 and $27.4 billion on 9 December 2009.
Bangladesh Academy for Securities Market (BASM) was established in July 2019 as the academic unit of Bangladesh Securities and Exchange Commission. [11] Two professors of the University of Dhaka, Shaikh Shamsuddin Ahmed and Mizanur Rahman, were appointed commissioners of Bangladesh Securities and Exchange Commission on 20 May 2020 for 4 years. [12]
The 2010-11 Bangladesh share market scam was a period of instability in the stock market from 2009 to 2011; the turmoil was in the two Bangladeshi stock exchanges, DSE and CSE. The market rose 62% in 2009, and 83% in 2010, but then declined 10% in January 2011, and a further 30% in February 2011. [ 1 ]
The Financial Express [1] is an English-language daily published from Dhaka, Bangladesh, established in 1993. [2] [3] As of 2021, it was the second largest English language newspaper in Bangladesh. [4] Its stories focus mostly on business and economic issues, including international economic news. [5]
ATN News (Bengali: এটিএন নিউজ) is a Bangladeshi Bengali-language satellite and cable news-oriented television channel owned by the Multimedia Production Company Limited, owned by Mahfuzur Rahman. It is a sister channel of ATN Bangla.
ICB is one of the largest investors in share market of Bangladesh. Investing in share market, providing loans and advances, acting as manager/trustee/custodian of mutual funds are some of main activities of ICB. It's the most successful state-owned corporation of Bangladesh in terms of profitability.
Bangla Bazar (Bengali: বাংলা বাজার) is the oldest neighbourhood of Dhaka, which existed before Mughal Period. [1] Currently, the largest publication and book market of Dhaka is located in the area.