The Market Surveillance and Intelligence Department of Bangladesh Securities and Exchange Commission sent letters containing the orders to the managing directors and chief legal officers of Dhaka Stock Exchange and Chattrogram Stock Exchange on Tuesday. BSEC Deputy Director Mohammad Shamsur Rahman asked the officials of the bourses to report back within 45 days. The regulator also ordered the bourses to investigate the shares, of which the earnings or EPS increased by 50 percent or more in a year. The two stock exchanges will have to investigate why turnover of some shares increased by 5 percent or more in six months. The bourses will need to find out whether there has been any manipulation in the exchange of these shares.

Source: bd News24 January 12, 2021 18:10 UTC