The Dhaka Stock Exchange (DSE), the country’s main stock exchange, witnessed a sharp fall in prices on Sunday (February 8), the first working day of the week. That is why the Bangladesh Securities and Exchange Commission (BSEC) has increased surveillance on 11 brokerage houses. Besides, the commission has decided to look into whether there is any carnage behind the big fall in prices.

The BSEC has decided to hold a meeting with the DSE Surveillance Department at BKL on Sunday (February 6). The meeting was chaired by BSEC Commissioner Prof. Sheikh Shamsuddin Ahmed.

According to BSEC sources, due to the pressure of selling the shares of 6 companies listed in the stock market, there has been a big fall in prices. The surveillance department of BSEC has noticed that there was pressure to sell the shares of those 8 companies from 11 brokerage houses. The index decreased by 60 points due to the pressure of selling the shares of those 6 companies.

These companies include BATBC, Beximco, Beximco Pharma, Lafarge Holcim, Lankabangla Finance, Square Pharma and others.

According to BSEC sources, Theke will now be given more importance in monitoring the market during transactions. In addition, the surveillance of broker houses with abnormal transactions will be increased.

In this regard, BSEC Executive Director and Spokesperson Mohammad Rezaul Karim said, BSEC is looking into the reasons for the abnormal fall in prices. Whether there is any manipulation behind this fall will also be investigated with information and evidence.

Source: Business Hour