No one would be able to bring governance to the stock market unless the whole environment is cooperative, said Prof Shibli Rubayat Ul Islam, chairman of Bangladesh Securities and Exchange Commission (BSEC).
Trading at Dhaka Stock Exchange (DSE) soared after Bangladesh Securities and Exchange Commission (BSEC) lowered the limit of circuit breaker to stop the free fall.
The stock market regulator in Bangladesh has stepped up its efforts to forestall the freefall of shares despite criticism from institutional investors and analysts as uncertainty is deepening owing to the raging Ukraine war, persistently higher inflation and fresh coronavirus flareups.