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[1] BSEC extends margin loan limit to curb massive fall

Published Time: May 22, 2022, 10:52 pm

Updated Time: May 22, 2022 at 10:52 pm

DOT Desk: [2] The stock market regulator has extended the margin loan limit to 100% from the existing 80% to curb a massive fall in recent days, reports TBS.

[3] As per the new direction of the Bangladesh Securities and Exchange Commission (BSEC), investors now will avail 100% loan (1:1) against their investment, which was 1:0.8 earlier.
[4] BSEC sources said the market regulator revised the credit facilities to facilitate investors for purchasing shares in order to increase money flow to the stock market.
[5] The new direction will be effective from Monday, BSEC says in a notification.
[6] Due to investors’ sell-off, the key index of the Dhaka Stock Exchange lost 556 points in the last seven days till Sunday.

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