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This meant that the issue manager ICB Securities Trading Company asked for bids from interested parties, starting at 10 am yesterday. After 10 minutes it began selling the shares to the highest bidders. The first sales was for Tk 561 on the Dhaka Stock Exchange (DSE) but the price rose as high as Tk 952 before closing at Tk 600 at 12 noon. On the Chittagong Stock Exchange (CSE), starting with Tk 591 the share prices rose as high as Tk 780. 10 before closing at Tk 601. 30. During the two hours 158, 200 shares were sold on the DSE and 16, 400 on the CSE. Market experts said yesterday's prices were abnormally high and this was the reason why the institutional investors remained on the sidelines. "Retail investors were crazy, they bought the shares at irrational prices that do not match the company's fundamentals, " said Yawer Sayeed, managing director and chief executive officer of Asset and Investment Management Services Ltd.
"Because of the irrational price, the trading of the company was very thin on the market, " he added.
Dhaka/Chittagong Stock Exchange News | Page 3 | SkyscraperCity
The management and operation of Dhaka Stock Exchange is entrusted on a 25 members board of directors. Among them 12 are elected from DSE members, another 12 are selected from different trade bodies and relevant organisations. Bangladesh Bank
ICB – Investment Corporation of Bangladesh
President of Institute of Chartered Accountants of Bangladesh
President of Federation of Bangladesh Chambers of Commerce and Industries
President of Metropolitan Chambers of Commerce and Industries
Professor of Finance Department of Dhaka University
President of Dhaka Chamber of Commerce & Industry. Ownership & Funding Info
Market Capitalization $39. 58 Billion
Sub Organization
DSE Training Academy
Member Of
World Federation of Exchanges
Address
Dhaka Stock Exchange Ltd.
Stock Exchange Building
9/F Motijheel C/A
Dhaka-1000
Telephone
+88-02-9564601, 9576210-18
Email,
Official Website
Wikipedia
Wiki
bdnewsnet wiki
DSE Market Share in Percentage 2018 Aug 2018 Sep Financial Sector Banks 18. 18 17. 03 Financial Institutions 6.
What Is the Dhaka Stock Exchange (DSE)? The Dhaka Stock Exchange (DSE), located in the Motijheel Park area of Dhaka, is one of two financial marketplaces in Bangladesh. The other is the Chittagong Stock Exchange. The DSE was incorporated in 1954 and began formal trading in 1956. Understanding the Dhaka Stock Exchange
The Dhaka Stock Exchange endeavors to be the leading exchange in its region and a key driver of economic growth. As such, the DSE is proactive about keeping pace with technological advancements. The DSE initiated automated trading in 1998, and installed a central securities depository system in 2004. Since its inception, the Dhaka Stock Exchange has aspired to compete on the world stage of financial markets.
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