Biz-Econ

BSEC removes floor price from 169 companies

Bangladesh Securities and Exchange Commission (BSEC) on Wednesday lifted the floor price from 169 companies.

"Downward price change limit (circuit breaker) for the 169 companies/securities will be one percent based on the reference price or previous trading day's closing price," as per a BSEC circular issued today. 

However, according to the rules, upward price change limit (circuit breaker) will be maximum 10 percent in a day.

Source: BSS