DBA welcomes BSEC move to remove floor prices on Islami Bank and Beximco shares

The Report Desk

Published: June 9, 2026, 02:38 PM

DBA welcomes BSEC move to remove floor prices on Islami Bank and Beximco shares

Photo: Collected

The DSE Brokers Association of Bangladesh (DBA) has welcomed the decision by the Bangladesh Securities and Exchange Commission (BSEC) to withdraw floor price restrictions on the shares of Islami Bank Bangladesh PLC and Beximco Limited, calling it a positive step toward restoring normal trading conditions in the capital market.

In a statement issued on Wednesday, the brokerage body expressed appreciation to newly appointed BSEC Chairman Masud Khan and commission members for taking what it described as a timely market-friendly decision.

The DBA said it had earlier submitted a formal proposal to the regulator on May 4, 2026, urging the removal of long-standing floor prices that had limited trading flexibility and slowed overall market activity.

According to the association, the restrictions had disrupted the natural price discovery process and made it difficult for sellers to execute transactions normally in the affected stocks. It also argued that the policy had increased risks for investors using margin loans and contributed to negative sentiment among foreign investors regarding Bangladesh’s capital market.

Following review of the proposal and overall market conditions, the newly formed BSEC commission decided to lift the floor price restrictions on the two listed companies.

DBA President Saiful Islam thanked the regulator for the move, saying it could help revive market activity, improve liquidity, and rebuild investor confidence after a prolonged period of stagnation.

The association also said the decision would strengthen market-based pricing, making transactions more transparent and responsive to demand and supply.

Looking ahead, the DBA expressed hope that the new leadership at BSEC would continue broader reforms aimed at creating a more investor-friendly regulatory environment and building a modern, stable and transparent capital market.

It also reaffirmed its willingness to work closely with the regulator to support capital market development and safeguard investor interests.

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