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Market cap shrinks against GDP amid lack of revival reforms

Market cap shrinks against GDP amid lack of revival reforms

The market cap of the Dhaka Stock Exchange (DSE) is now at its lowest since FY21 amid persistent erosion of equity values and a drought of initial public offerings (IPOs). That means the new Bangladesh Securities and Exchange Commission (BSEC), after taking over responsibilities, has failed to ado

Stocks plunge amid growing political concerns

Stocks plunge amid growing political concerns

Stocks suffered a big jolt this week, extending the losing streak to third straight week, as the key index of the Dhaka bourse plunged to a six-month low amid mounting concerns over political instability. Market analysts pointed to growing political unrest surrounding the upcoming national electio

ICB sees Tk 12b frozen in failed banks, NBFIs

ICB sees Tk 12b frozen in failed banks, NBFIs

The Investment Corporation of Bangladesh (ICB) is facing a heavy loss of more than Tk 12.05 billion as it has been unable to recover any of the money invested in fixed deposit receipts (FDRs) with 12 troubled financial institutions. Of the institutions, 10 are non-bank financial institutions (NBFI

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