• Sunday, Apr 11, 2021
  • Last Update : 06:05 pm

Regulator unhappy with progress in negative equity accounts

  • Published at 12:30 am March 5th, 2021
money growth coins
Photo: BIGSTOCK

Summarised report during the October-December 2020 showed improvement in the negative equity accounts as compared with the previous quarter

Bangladesh Securities and Exchange Commission (BSEC) has moved to improve the recovery in the negative equity accounts. 

The regulator on Tuesday has directed Dhaka Stock Exchange, Chittagong Stock Exchange and Bangladesh Merchant Bankers Association (BMBA) to work with TREC holders and portfolio managers for achieving a better performance of the negative equity accounts. 

Dhaka Tribune has obtained a copy of the letter. 

Summarised report during the October-December 2020 showed improvement in the negative equity accounts as compared with the previous quarter, said the letter. 

However, the regulator found the overall improvement is still far lower than set target. 

The benchmark index of Dhaka Stock Exchange, DSEX went up by 8.8 per cent during the last quarter of 2020.  

BSEC requested a follow up in this regard within five working days.

53
Facebook 52
blogger sharing button blogger
buffer sharing button buffer
diaspora sharing button diaspora
digg sharing button digg
douban sharing button douban
email sharing button email
evernote sharing button evernote
flipboard sharing button flipboard
pocket sharing button getpocket
github sharing button github
gmail sharing button gmail
googlebookmarks sharing button googlebookmarks
hackernews sharing button hackernews
instapaper sharing button instapaper
line sharing button line
linkedin sharing button linkedin
livejournal sharing button livejournal
mailru sharing button mailru
medium sharing button medium
meneame sharing button meneame
messenger sharing button messenger
odnoklassniki sharing button odnoklassniki
pinterest sharing button pinterest
print sharing button print
qzone sharing button qzone
reddit sharing button reddit
refind sharing button refind
renren sharing button renren
skype sharing button skype
snapchat sharing button snapchat
surfingbird sharing button surfingbird
telegram sharing button telegram
tumblr sharing button tumblr
twitter sharing button twitter
vk sharing button vk
wechat sharing button wechat
weibo sharing button weibo
whatsapp sharing button whatsapp
wordpress sharing button wordpress
xing sharing button xing
yahoomail sharing button yahoomail