Dhaka, Sept. 28 -- Dhaka Stock Exchange (DSE) will refund up to Tk 5 lakh in full to 17,332 investors who suffered losses from irregularities and embezzlement by brokerage houses, paying out of its Investors Protection Fund (IPF), DSE Chairman Mominul Islam said Monday.

Speaking at the DSE's inauguration ceremony for IPF disbursement, Mominul said investing in the capital market can bring both profit and loss, and share price fluctuations are natural.

"But when investors suffer because of irregularities by a market intermediary, it seriously damages their confidence in the market. Such incidents are not acceptable in any way," he said.

Mominul said several brokerage houses failed to discharge their responsibilities in the past. "Five o...