19 August 2024

Dhaka stocks return to black after BSEC gets new chairman

By Redoy K

Dhaka stocks rebounded from morning losses following the appointment of Khondoker Rashed Maqsood as chairman of the Bangladesh Securities and Exchange Commission (BSEC). This appointment ended a brief stalemate after the previously appointed M Masrur Reaz declined the position. By 11:20 AM, the DSEX index gained 0.58%, while the DSES and DS30 indices also rose. Trading volume reached Tk 378.46 crore, with 197 issues gaining, 148 falling, and 35 unchanged, indicating a positive market sentiment.