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A total of Tk 85,000 crore have been channeled out through the Bangladesh Share Market within the last 30 working days, sources said. The General Index was 8918 points on December 5, 2010 and it labelled down at 6312 point on January 20, 2011.  The amount siphoned off during the last six month specially was very preplanned sources added. Total market capital was Tk 3,68,000 Crore (Tk 3680 Billion) on December 5, 2010 which now collapsed to Tk 2,83,000 Crore (Tk 2830 Billion) on January 20, 2011. Total Capital reduces of Tk 85,000 Crore (850 Billion), which amount is channeled out by the Market Makers in the last one month, sources said. 

The capital market regulator has failed to play its due role in protecting interests of the retail investors and handle the stock market, says a former Bangladesh Bank governor. "It is the failure of the regulatory body [Securities and Exchange Commission] as it did not exercise its independent authority," former central bank governor Dr Salehuddin Ahmed told a discussion in the city on Sunday. Economic Reporters' Forum (ERF) organised the discussion on monetary policy management and Bangladesh Bank. "I do not understand why the finance minister keeps on saying that he made some mistakes. It is the duty of the regulator to maintain stability in the market. The SEC's approach is reactive rather than being proactive, and that is its main problem," he said. He also commented: "Before taking any decision, it should have analysed the whole situation and its impact, but it has changed its policy as a short-term remedy. A policy may favour one and hurt ano

Symbol: DSE NEWS News: Today's (05.09.2010) Total Trades: 205,694; Volume: 73,638,613 and Turnover: Tk. 16,228.35 million. ALARABANK News: The Bank has informed that the Board of Directors of the Bank has decided, among others, to purchase 5,000 sft. (approx.) floor area with proportionate land at the 1st floor of Al-Shahani Complex situated at 130/1, Biren Bosh Street, Chawk Moghaltuli, Dhaka-1100, at a cost of Tk. 15,000.00 per sft. totaling Tk. 8,47,50,000.00 (approx.) including registration cost subject to obtaining approval from Bangladesh Bank. Symbol: PEOPLESINS News: Ms. Nabiha Patwari, one of the Sponsors of the company, has further reported that she has completed her sale of 5,000 shares of the company at prevailing market price through Stock Exchange as announced earlier. Symbol: SHAHJABANK News: Mrs. Nasima Akhter, one of the Sponsors of the Bank, has further reported that she has completed her sale of 20,000 shares of the company at prevailing market price through S