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Bangladesh regulator raises margin loan limit as stocks plunge

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2022-05-25 00:45:31

On Sunday, the Bangladesh Securities and Exchange Commission raised the loan limit to 100 percent from 80 percent, meaning that investors will now be able to get 100% of their investment as a loan.

The order will take immediate effect, according to the notice.

The stock market has seen a significant drop over the past few days. On Sunday, the Dhaka Stock Index’s DSEX dropped 115.56 points, or 1.84 percent, to hit an 11-month low.

The DSEX has dropped for the past seven consecutive working days, dropping 555 points, or 8.29 percent, from 6,700.

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