DSE summons top 30 brokerages tomorrow to tackle prolonged market rout
Representatives of the leading brokerage firms are expected to participate in the high-level meeting.
The Dhaka Stock Exchange (DSE) has convened an urgent meeting with the country's top 30 brokerage firms amid a prolonged market downturn and growing investor concerns.
The meeting is scheduled for tomorrow (15 September) at the DSE office, with DSE Chairman Mominul Islam set to preside over the discussion.
The meeting will focus on identifying the key factors behind the ongoing market weakness and exploring measures to restore investor confidence and stabilise the market.
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Representatives of the leading brokerage firms are expected to participate in the high-level meeting.
Confirming the development to The Business Standard, DSE Shareholder Director Minhaz Mannan Emon said the meeting aims to analyse the drivers behind the severe price corrections, devise actionable strategies to halt the slide, and explore immediate steps to rebuild investor trust.
The initiative comes against the backdrop of heightened volatility, aggressive selling pressure, dwindling retail participation, and stagnant trading turnover on the capital bourse. Repeated single-session drops have exacerbated panic across the floor. The DSEX index plummeted by 97 points today (14 September), following another steep 103 points drop on 7 September that dragged the benchmark down to 5,558 points while daily turnover shrank by 24% to Tk545 crore.
The sharp corrections in quick succession have triggered widespread risk aversion, forcing many retail investors to liquidate holdings to prevent further capital erosion.
DSE sources indicated that tomorrow's meeting will focus heavily on market liquidity, elevated sell orders, and systemic bottlenecks. Brokerage heads are expected to present their floor observations and outline collaborative measures needed from market operators and regulators to restore order.
The upcoming session follows preliminary discussions between the DSE management and members of the DSE Brokers Association of Bangladesh, where ensuring normal market operations and safeguarding general investor interest were highlighted as key priorities.
