BSEC to sit with stakeholders today

Bangladesh Securities and Exchange Commission (BSEC) will sit with stakeholders today to discuss the ways of increasing liquidity in the falling stock market.

The meeting presided over by BSEC Commissioner Shaikh Shamsuddin Ahmed will be held at the BSEC headquarters at 3:30pm, according to BSEC Spokesperson Mohammad Rezaul Karim.

Top stock brokerages and stakeholders are expected to attend the meeting.

Representatives from Dhaka Stock Exchange (DSE), Chittagong Stock Exchange (CSE), and DSE Brokers Association of Bangladesh (DBA) will attend the meeting.

On Monday, the DSEX index of the country’s prime bourse, shed over 89 points or 1.24 per cent to close at 7,097—the lowest since September 5, 2021 when it was 7,052, extending its losing streak for the sixth straight session. This is also the largest single-day fall since June 27, 2021 when it fell 100 points.

The total turnover decreased significantly by 15.80 per cent to stand at Tk 1,394 crore on the day from the previous session’s Tk 1,655 crore.