Dhaka bourse probes rally in Aamra Technologies
Bangladesh, Aug. 21 -- The securities regulator has asked the Dhaka bourse to probe into "abnormal" price movement and trading pattern of Aamra Technologies.
As per the regulatory instruction, the Dhaka Stock Exchange (DSE) will have to submit a comprehensive investigation report to the commission within 30 working days.
Aamra Technologies came under the regulatory scanner after the company's stock price escalated 108 per cent to Tk 23.10 a share in the five months through August 9. Later, the stock started falling and closed at Tk 20.30 on Thursday on the DSE.
The securities regulator has set some terms of reference (ToR) for the probe.
The Dhaka bourse is required to identify coordinated, manipulative, or unlawful trading practices...
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