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Stocks continue to fall amid profit taking

Trade on a normal day ends at 2:30pm. From today, the pre-opening session begins at 9:45am and the post-closing session ends at 2:15pm, said a BSEC press release. The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), nosedived 19.35 points, or 0.31 per cent to 6,177.21. Investors are raking in profits from the market as the prime index had risen to its highest point in three-and-a-half years, said a merchant banker. Last Monday, the DSE s index soared to 6,219. When the market opened on a rising trend yesterday, many people started availing profits and the rising trend proves that investors had confidence on the market, he said.

PK Halder among 16 stock gamblers fined

PK Halder among 16 stock gamblers fined PK Halder Star Business Report Star Business Report The Bangladesh Securities and Exchange Commission (BSEC) has followed through its warning that no gambler would be spared, issuing fines on 16 investors, including Proshanta Kumar Halder, for engaging in the malpractice with shares of four listed companies. Halder, who allegedly embezzled and laundered over Tk 10,000 crore of four non-banking financial institutions abroad and recently had Interpol issue a red notice against him following a request of Bangladesh Police, was fined Tk 25 lakh. Md Amanat Ullah was fined the highest Tk 1 crore, said the stock market regulator in a press release yesterday.

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