The main reason for restoring the lottery system in primary share allocation is to boost turnover in the secondary market against the backdrop of a persistent investor exodus. The IPO lottery system was removed in April 2021 after it was repeatedly accused of depriving retail investors of IPO shar
One-person companies (OPCs) galore with a record 301 registered in just first six months of the fiscal year, surpassing the total formed in several previous full years, official data show. According to statistics from the Office of the Registrar of Joint Stock Companies and Firms (RJSC), the six-m
The Bangladesh Securities and Exchange Commission (BSEC) on Sunday convened its 5th monthly coordination meeting with capital market stakeholders, emphasising major legal reforms and the strategic direction of the market. Held at the BSEC Multipurpose Hall in the city, the meeting was attended by
The benchmark equity index ended the week in negative territory, snapping a three-week winning streak as market sentiment turned cautious amid mounting concerns over the ongoing domestic gas crisis and escalating geopolitical tensions. Analysts pointed out that the market recovery, which had been
The lottery system for allocating shares to investors in initial public offerings has been reinstated in Bangladesh’s capital market. Officials of the Bangladesh Securities and Exchange Commission (BSEC) say shares of companies coming to the market through IPOs will now be distributed throug
