Share traders stage demonstration in front of DSE SEC backtracks on merchant: bank loans, credit facilities

Staff Reporter

A group of disappointed investors held protest yesterday again at the Dhaka Stock Exchange (DSE) as the market index remained in red at its opening session, following 120 points fall on the previous day.
Meanwhile, the Securities and Exchange Commission (SEC) on the same day have withdrawn its earlier directive, stopping merchant banks, brokerage houses and portfolio managers from providing margin loans and credit facilities for clients.
“Traders expected a positive start for technical recovery on the day, after witnessing a bitter trading session on Sunday,” said a protesting investor to The New Nation. [Read more]


 

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Share traders stage demonstration in front of DSE SEC backtracks on merchant: bank loans, credit facilities

Staff Reporter

A group of disappointed investors held protest yesterday again at the Dhaka Stock Exchange (DSE) as the market index remained in red at its opening session, following 120 points fall on the previous day.
Meanwhile, the Securities and Exchange Commission (SEC) on the same day have withdrawn its earlier directive, stopping merchant banks, brokerage houses and portfolio managers from providing margin loans and credit facilities for clients.
“Traders expected a positive start for technical recovery on the day, after witnessing a bitter trading session on Sunday,” said a protesting investor to The New Nation. [Read more]


 

Please leave a reply...



You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>


 
 
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