
Following tightening of one of the conditions by the Bangladesh Securities and Exchange Commission (BSEC) for trading shares, the SME board’s index in the Dhaka Stock Exchange (DSE) dropped over 5 per cent recently.
Reports claimed this adding the BSEC has decided to tighten the requirements following criticisms that easy access had led to the overvaluation of the market index even if any investor registered with the stock exchanges’ electronic subscription system and maintaining a minimum investment of Taka 30 lakh in listed stocks will be allowed to trade on the SME board, according to the BSEC’s new decision while initially, the eligibility hinged on being registered and having an investment of at least Taka 50 lakh.
Reports further added after the BSEC eased the conditions in February, reducing the investment requirement to Taka 20 lakh and withdrawing the necessity to get registered, the SME index soared 51 per cent in the last one month.






