This was quite the turnaround for DSEX, which fell 17.3 per cent in 2019 while bourses in emerging Asian countries registered growth. To stop the bloodbath, the Bangladesh Securities and Exchange Commission in March put a new floor price on all stocks. The investors then had a change of heart, which the stock market stakeholders attributed on the realisation that the stock market's new regulatory body means business. In August, Bangladesh’s stock market rose the highest among Asian bourses and also performed the best in the world with a 15.8 per cent gain in key index, according to Bloomberg. It was followed by general insurance (97.5 per cent), miscellaneous (49.8 per cent), telecom (49.6 per cent) and services (44.4 per cent).
Source: Dhaka Tribune January 02, 2021 19:52 UTC