Business & Finance
DSE to Meet Top Brokerages Amid Deepening Stock Market Slump
By TBS Report
The Dhaka Stock Exchange (DSE) has called an emergency meeting with the country's 30 largest brokerage firms as the market continues its extended decline, deepening concerns among investors. The meeting is set for 15 September at the DSE office, chaired by DSE Chairman Mominul Islam.
The session will examine the root causes of the market's persistent weakness and seek ways to rebuild investor confidence while stabilizing trading conditions. Representatives from major brokerage houses are expected to attend.
DSE Shareholder Director Minhaz Mannan Emon told The Business Standard that the discussion would focus on understanding the reasons behind the sharp price corrections, developing strategies to stop the downward trend, and identifying immediate actions to restore trust among investors.
The move comes amid intensified market volatility, heavy selling pressure, declining retail investor activity, and stagnant trading volumes. A series of steep single-day declines has fueled panic among traders. On 14 September, the DSEX index fell by 97 points, following a 103-point drop on 7 September that pushed the benchmark down to 5,558 points. Daily turnover also fell sharply, dropping 24% to Tk545 crore.
The consecutive sharp declines have triggered widespread risk aversion, prompting many retail investors to sell off their holdings to avoid further losses.
According to DSE sources, Monday's meeting will center on issues related to market liquidity, rising sell orders, and structural challenges affecting trading. Brokerage representatives are expected to share their observations from the trading floor and propose joint measures with regulators to help restore stability.
This meeting follows earlier discussions between DSE management and members of the DSE Brokers Association of Bangladesh, during which maintaining normal market operations and protecting the interests of general investors were identified as top priorities.