Friday, Nov 22, 2019 Current Time: 8:19:15 PM (BST) Market Status: Closed
1JANATAMF 4.20 
-0.10    -2.33%

1STPRIMFMF 14.50 
-0.10    -0.68%

AAMRANET 38.80 
0.20    0.52%

AAMRATECH 23.10 
-0.80    -3.35%

ABB1STMF 4.20 
0.10    2.44%

ABBANK 7.60 
-0.10    -1.30%

ACFL   20.60    
0.10    0.49%

ACI   236.50    
5.20    2.25%

ACIFORMULA 104.80 
-0.40    -0.38%

ACMELAB 60.50 
0.60    1.00%

ACTIVEFINE 18.90 
0.10    0.53%

AFCAGRO 25.00 
-0.30    -1.19%

AFTABAUTO 26.10 
0.30    1.16%

AGRANINS 31.90 
-0.20    -0.62%

AIBL1STIMF 7.00 
-0.10    -1.41%

AIL   28.40    
-1.20    -4.05%

AL-HAJTEX 37.10 
0.70    1.92%

ALARABANK 16.60 
0.20    1.22%

ALIF   6.80    
-0.70    -9.33%

ALLTEX 8.20 
-0.20    -2.38%

AMANFEED 28.20 
0.20    0.71%

AMBEEPHA 516.30 
-20.70    -3.85%

AMCL(PRAN) 195.30 
-1.40    -0.71%

ANLIMAYARN 25.00 
-0.50    -1.96%

ANWARGALV 70.10 
0.80    1.15%

APEXFOODS 126.20 
1.10    0.88%

APEXFOOT 223.00 
1.10    0.50%

APEXSPINN 102.90 
1.00    0.98%

APEXTANRY 105.60 
2.70    2.62%

APOLOISPAT 4.10 
-0.10    -2.38%

ARAMITCEM 15.10 
0.60    4.14%

ARGONDENIM 17.50 
0.10    0.57%

ASIAINS 29.70 
0.40    1.37%

ASIAPACINS 27.60 
-0.40    -1.43%

ATCSLGF 8.00 
-0.20    -2.44%

ATLASBANG 115.50 
-3.30    -2.78%

AZIZPIPES 139.80 
3.20    2.34%

BANGAS 215.00 
-8.00    -3.59%

BANKASIA 19.40 
0.10    0.52%

BARKAPOWER 24.60 
-0.20    -0.81%

BATASHOE 702.00 
-7.70    -1.08%

BATBC   1081.50    
-1.60    -0.15%

BAYLEASING 13.70 
0.20    1.48%

BDAUTOCA 190.60 
11.00    6.12%

BDCOM   21.60    
0.20    0.93%

BDFINANCE 9.20 
0.10    1.10%

BDLAMPS 150.00 
-0.40    -0.27%

BDTHAI 8.90 
0.00    0.00%

BDWELDING 16.10 
0.30    1.90%

BEACHHATCH 13.70 
0.00    0.00%

BEACONPHAR 34.60 
0.80    2.37%

BERGERPBL 1436.70 
2.80    0.20%

BEXIMCO 14.80 
-0.20    -1.33%

BGIC   23.90    
0.10    0.42%

BIFC   2.30    
-0.10    -4.17%

BNICL   22.60    
-0.50    -2.16%

BPML   44.80    
1.10    2.52%

BRACBANK 60.70 
0.50    0.83%

BSC   47.70    
-0.30    -0.62%

BSCCL   106.70    
0.40    0.38%

BSRMLTD 56.50 
0.80    1.44%

BSRMSTEEL 46.50 
0.40    0.87%

BXPHARMA 80.20 
-0.30    -0.37%

BXSYNTH 3.60 
0.00    0.00%

CAPMBDBLMF 9.10 
-0.80    -8.08%

CAPMIBBLMF 9.30 
-0.30    -3.12%

CENTRALINS 27.20 
-0.60    -2.16%

CENTRALPHL 7.80 
-0.10    -1.27%

CITYBANK 21.70 
0.10    0.46%

CITYGENINS 23.10 
-0.70    -2.94%

CNATEX 1.80 
-0.20    -10.00%

CONTININS 24.30 
0.30    1.25%

DACCADYE 3.00 
0.00    0.00%

DBH   121.50    
1.20    1.00%

DBH1STMF 8.30 
0.00    0.00%

DELTALIFE 86.90 
1.30    1.52%

DELTASPINN 3.90 
-0.30    -7.14%

DHAKABANK 11.60 
-0.30    -2.52%

DHAKAINS 36.80 
-0.40    -1.08%

DOREENPWR 55.30 
-0.60    -1.07%

DSHGARME 125.00 
1.40    1.13%

DSSL   10.80    
-0.10    -0.92%

DULAMIACOT 41.80 
2.50    6.36%

DUTCHBANGL 71.80 
0.10    0.14%

EASTERNINS 47.90 
0.90    1.91%

EASTLAND 25.90 
-0.50    -1.89%

EASTRNLUB 1038.40 
7.50    0.73%

EBL   35.10    
0.00    0.00%

EBL1STMF 4.50 
0.00    0.00%

EBLNRBMF 4.20 
0.00    0.00%

ECABLES 243.20 
-4.00    -1.62%

EHL   42.20    
0.50    1.20%

EMERALDOIL 14.90 
-0.10    -0.67%

ENVOYTEX 23.80 
-0.40    -1.65%

ESQUIRENIT 28.90 
1.20    4.33%

ETL   9.40    
-0.10    -1.05%

EXIM1STMF 4.60 
0.00    0.00%

EXIMBANK 9.90 
0.00    0.00%

FAMILYTEX 2.30 
0.10    4.55%

FARCHEM 7.60 
-0.70    -8.43%

FAREASTFIN 2.70 
0.00    0.00%

FAREASTLIF 50.40 
0.30    0.60%

FASFIN 6.50 
0.00    0.00%

FBFIF   3.80    
-0.10    -2.56%

FEDERALINS 15.40 
0.80    5.48%

FEKDIL 9.50 
-0.30    -3.06%

FINEFOODS 45.40 
-0.90    -1.94%

FIRSTFIN 3.40 
-0.10    -2.86%

FIRSTSBANK 9.50 
-0.20    -2.06%

FORTUNE 30.40 
0.50    1.67%

FUWANGFOOD 9.10 
0.00    0.00%

GBBPOWER 14.50 
0.00    0.00%

GEMINISEA 201.00 
-16.00    -7.37%

GENEXIL 55.30 
-0.10    -0.18%

GENNEXT 2.60 
0.00    0.00%

GHAIL   21.60    
0.30    1.41%

GHCL   26.50    
-0.20    -0.75%

GLAXOSMITH 1715.00 
-21.20    -1.22%

GLOBALINS 24.50 
-0.10    -0.41%

GOLDENSON 7.00 
0.00    0.00%

GP   328.50    
5.40    1.67%

GQBALLPEN 75.70 
5.10    7.22%

GRAMEENS2 11.30 
-0.10    -0.88%

GREENDELMF 7.70 
-0.10    -1.28%

GREENDELT 55.70 
4.10    7.95%

GSPFINANCE 15.30 
0.20    1.32%

HAKKANIPUL 43.50 
0.90    2.11%

HEIDELBCEM 166.20 
0.70    0.42%

HFL   16.70    
-0.30    -1.76%

HRTEX   34.20    
0.60    1.79%

HWAWELLTEX 34.30 
-1.00    -2.83%

IBBLPBOND 943.00 
9.50    1.02%

IBNSINA 240.10 
-0.70    -0.29%

ICB   78.40    
0.10    0.13%

ICB3RDNRB 4.80 
0.00    0.00%

ICBAGRANI1 5.60 
-0.10    -1.75%

ICBAMCL2ND 8.30 
0.10    1.22%

ICBEPMF1S1 4.60 
0.00    0.00%

ICBIBANK 3.40 
0.00    0.00%

ICBSONALI1 5.70 
-0.20    -3.39%

IDLC   50.70    
0.30    0.60%

IFADAUTOS 39.40 
1.10    2.87%

IFIC   9.50    
0.00    0.00%

IFIC1STMF 4.30 
0.00    0.00%

IFILISLMF1 6.00 
0.20    3.45%

ILFSL   5.20    
0.10    1.96%

IMAMBUTTON 19.50 
-1.00    -4.88%

INTECH 13.30 
0.00    0.00%

INTRACO 14.20 
-0.10    -0.70%

IPDC   25.80    
0.20    0.78%

ISLAMIBANK 19.00 
0.00    0.00%

ISLAMICFIN 15.40 
0.30    1.99%

ISLAMIINS 24.60 
0.30    1.23%

ISNLTD 34.30 
-0.10    -0.29%

ITC   34.30    
-0.60    -1.72%

JAMUNABANK 18.00 
-0.10    -0.55%

JAMUNAOIL 167.60 
-1.10    -0.65%

JANATAINS 19.70 
0.30    1.55%

JMISMDL 391.50 
-1.20    -0.31%

JUTESPINN 81.00 
0.80    1.00%

KARNAPHULI 19.60 
0.00    0.00%

KAY&QUE 205.00 
1.10    0.54%

KDSALTD 40.40 
0.30    0.75%

KEYACOSMET 3.40 
0.00    0.00%

KOHINOOR 350.00 
-4.40    -1.24%

KPCL   43.10    
0.10    0.23%

KPPL   12.40    
-0.50    -3.88%

KTL   11.90    
-0.80    -6.30%

LANKABAFIN 17.30 
0.70    4.22%

LEGACYFOOT 83.80 
2.80    3.46%

LHBL   31.50    
-0.40    -1.25%

LIBRAINFU 774.10 
3.70    0.48%

LINDEBD 1330.00 
-11.40    -0.85%

LRGLOBMF1 6.70 
0.10    1.52%

MAKSONSPIN 4.30 
0.10    2.38%

MALEKSPIN 12.40 
0.00    0.00%

MARICO 1716.00 
-29.30    -1.68%

MATINSPINN 30.60 
-2.10    -6.42%

MBL1STMF 6.10 
-0.30    -4.69%

MEGHNACEM 72.80 
0.00    0.00%

MEGHNALIFE 54.90 
-0.50    -0.90%

MERCANBANK 12.70 
0.00    0.00%

MERCINS 35.20 
-0.10    -0.28%

MHSML   11.20    
0.80    7.69%

MICEMENT 43.10 
-0.60    -1.37%

MIDASFIN 13.80 
0.20    1.47%

MIRACLEIND 17.30 
-0.50    -2.81%

MITHUNKNIT 9.00 
0.80    9.76%

MJLBD   77.10    
-0.90    -1.15%

MLDYEING 39.70 
3.10    8.47%

MONNOCERA 143.80 
0.90    0.63%

MONNOSTAF 835.30 
-7.50    -0.89%

MPETROLEUM 194.50 
-0.10    -0.05%

MTB   28.40    
-0.10    -0.35%

NAHEEACP 42.20 
0.60    1.44%

NATLIFEINS 247.50 
3.60    1.48%

NAVANACNG 39.70 
0.00    0.00%

NBL   7.90    
-0.10    -1.25%

NCCBANK 12.00 
-0.30    -2.44%

NCCBLMF1 5.60 
-0.10    -1.75%

NFML   9.20    
0.20    2.22%

NHFIL   35.80    
1.10    3.17%

NITOLINS 29.50 
-0.20    -0.67%

NLI1STMF 10.90 
0.00    0.00%

NORTHERN 745.80 
17.40    2.39%

NORTHRNINS 24.60 
0.20    0.82%

NPOLYMAR 72.60 
2.40    3.42%

NTC   585.70    
-13.60    -2.27%

NTLTUBES 157.00 
-6.50    -3.98%

NURANI 8.30 
-0.10    -1.19%

OAL   6.20    
0.30    5.08%

OIMEX   22.10    
1.00    4.74%

OLYMPIC 177.20 
-1.20    -0.67%

ONEBANKLTD 10.40 
0.00    0.00%

ORIONINFU 59.50 
1.40    2.41%

ORIONPHARM 30.30 
0.40    1.34%

PADMALIFE 14.60 
0.50    3.55%

PADMAOIL 230.00 
0.70    0.31%

PARAMOUNT 25.30 
0.60    2.43%

PDL   10.10    
0.00    0.00%

PENINSULA 21.10 
1.00    4.98%

PEOPLESINS 22.60 
0.30    1.35%

PF1STMF 5.60 
-0.20    -3.45%

PHARMAID 489.00 
-4.00    -0.81%

PHENIXINS 28.80 
0.30    1.05%

PHOENIXFIN 25.50 
1.10    4.51%

PHPMF1 4.10 
0.00    0.00%

PIONEERINS 36.20 
-0.50    -1.36%

POPULAR1MF 4.10 
0.00    0.00%

POPULARLIF 88.20 
-0.30    -0.34%

POWERGRID 57.90 
0.80    1.40%

PRAGATIINS 39.90 
-0.60    -1.48%

PRAGATILIF 139.90 
-5.80    -3.98%

PREMIERBAN 12.40 
0.00    0.00%

PREMIERCEM 50.10 
0.10    0.20%

PREMIERLEA 6.00 
0.10    1.69%

PRIME1ICBA 5.20 
-0.10    -1.89%

PRIMEBANK 18.80 
-0.10    -0.53%

PRIMEFIN 6.00 
-0.10    -1.64%

PRIMEINSUR 25.00 
-0.40    -1.57%

PRIMELIFE 51.10 
0.70    1.39%

PRIMETEX 19.70 
0.20    1.03%

PROGRESLIF 73.60 
1.20    1.66%

PROVATIINS 31.80 
-0.50    -1.55%

PTL   55.20    
1.00    1.85%

PUBALIBANK 24.90 
0.10    0.40%

PURABIGEN 18.80 
1.30    7.43%

QUASEMIND 34.20 
1.90    5.88%

QUEENSOUTH 27.80 
2.50    9.88%

RAHIMTEXT 245.10 
-3.50    -1.41%

RAKCERAMIC 31.70 
0.10    0.32%

RANFOUNDRY 120.10 
0.00    0.00%

RECKITTBEN 2852.00 
-17.80    -0.62%

REGENTTEX 9.50 
-0.10    -1.04%

RELIANCE1 8.20 
-0.20    -2.38%

RELIANCINS 46.80 
1.20    2.63%

RENATA 1194.00 
-115.20    -8.80%

REPUBLIC 26.70 
0.30    1.14%

RNSPIN 3.10 
0.00    0.00%

RSRMSTEEL 26.70 
0.20    0.75%

RUNNERAUTO 61.10 
1.10    1.83%

RUPALIBANK 29.10 
-0.10    -0.34%

RUPALIINS 21.70 
0.10    0.46%

RUPALILIFE 55.90 
0.20    0.36%

SAFKOSPINN 11.50 
0.20    1.77%

SAIFPOWER 13.60 
0.30    2.26%

SAIHAMCOT 19.10 
0.00    0.00%

SALAMCRST 21.00 
0.00    0.00%

SALVOCHEM 9.60 
-0.10    -1.03%

SAMATALETH 118.50 
10.10    9.32%

SAMORITA 68.40 
2.00    3.01%

SANDHANINS 24.10 
0.60    2.55%

SAPORTL 18.00 
0.10    0.56%

SAVAREFR 108.20 
-2.60    -2.35%

SEAPEARL 34.70 
3.10    9.81%

SEBL1STMF 10.00 
0.10    1.01%

SEMLFBSLGF 12.90 
0.00    0.00%

SEMLIBBLSF 7.70 
-0.30    -3.75%

SEMLLECMF 6.80 
0.10    1.49%

SHAHJABANK 25.00 
0.30    1.21%

SHEPHERD 33.50 
1.10    3.40%

SHURWID 30.90 
0.90    3.00%

SIBL   14.50    
0.00    0.00%

SILCOPHL 34.90 
1.10    3.25%

SILVAPHL 16.80 
0.40    2.44%

SINGERBD 183.90 
3.20    1.77%

SINOBANGLA 71.40 
-0.30    -0.42%

SKTRIMS 46.40 
1.00    2.20%

SONALIANSH 392.60 
-11.60    -2.87%

SONARBAINS 50.10 
-1.10    -2.15%

SONARGAON 28.20 
-0.20    -0.70%

SOUTHEASTB 12.70 
0.00    0.00%

SPCERAMICS 9.00 
0.30    3.45%

SPCL   72.40    
-0.60    -0.82%

SQUARETEXT 34.10 
-0.30    -0.87%

SQURPHARMA 219.00 
4.60    2.15%

STANCERAM 596.60 
-12.80    -2.10%

STANDARINS 35.50 
0.20    0.57%

STANDBANKL 7.80 
-0.20    -2.50%

STYLECRAFT 710.90 
1.80    0.25%

SUMITPOWER 37.50 
-0.20    -0.53%

SUNLIFEINS 15.40 
0.40    2.67%

TAKAFULINS 29.30 
0.80    2.81%

TALLUSPIN 3.70 
0.00    0.00%

TITASGAS 34.30 
-0.40    -1.15%

TRUSTB1MF 4.40 
-0.10    -2.22%

TRUSTBANK 28.40 
-0.20    -0.70%

TUNGHAI 2.20 
0.00    0.00%

UCB   13.80    
-0.40    -2.82%

UNIONCAP 6.00 
0.10    1.69%

UNIQUEHRL 48.10 
-0.90    -1.84%

UNITEDAIR 1.40 
0.00    0.00%

UNITEDFIN 16.70 
0.50    3.09%

UNITEDINS 56.40 
5.10    9.94%

UPGDCL 262.50 
-1.00    -0.38%

USMANIAGL 54.00 
2.00    3.85%

UTTARABANK 27.40 
0.00    0.00%

UTTARAFIN 58.00 
0.00    0.00%

VAMLBDMF1 6.40 
-0.20    -3.03%

VAMLRBBF 5.10 
0.00    0.00%

VFSTDL 23.40 
0.00    0.00%

WATACHEM 478.40 
-19.20    -3.86%

WMSHIPYARD 10.50 
0.20    1.94%

YPL   8.50    
-0.10    -1.16%

ZAHEENSPIN 6.00 
0.00    0.00%

ZAHINTEX 3.50 
0.00    0.00%


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Surveillance at DSE

 

The main objective of the Surveillance function of the Exchange is to promote market integrity in two ways -

  • By monitoring price and volume movements (volatility) as well as by detecting potential market abuses at a nascent stage, with a view to minimizing the ability of the market participants to influence the price of the scrip/scrips in the absence of any meaningful information.

  • By managing default risk by taking necessary actions timely.

 

Market Abuse is a broad term which includes abnormal price/volume movement, artificial transactions, false or misleading impressions, insider trading, etc. In order to detect aberrant behavior/ movement, it is necessary to know the normal market behavior -

The department carries out investigation, if necessary, based on the preliminary examination/analysis and suitable actions are taken against members involved based on the investigation.

All the instruments traded in the market come under the Surveillance umbrella of DSE.


Surveillance activities at the Exchange are divided broadly into two major segments -

  • Price Monitoring : Price monitoring is manly related to the price movement/ abnormal fluctuation in prices or volumes etc.
  • Position Monitoring : The position monitoring relates mainly to abnormal positions of members, etc. in order to manage default risk.

 

Price Monitoring

 

The functioning of the Price Monitoring is broadly divided into following activities -


On line Surveillance

One of the most important tools of the Surveillance is the On-line Real Time Surveillance system with main objectives of detecting potential market abuses at a nascent stage to reduce the ability of the market participants to unduly influence the price and volumes of the scrips traded at the Exchange, improve the risk management system and strengthen the self regulatory mechanism at the Exchange. The system provides facility to access trades and orders of members.

 

Off-Line Surveillance

The Off-Line Surveillance system comprises of the various reports based on different parameters and scrutiny thereof -

  • High/ Low Difference in prices
  • % change in prices over a week/ fortnight/ month
  • Top N scrips by Turnover over a week/ fortnight/ month
  • Top N scrips by Volume over a week/ fortnight/ month
  • Trading in infrequently traded scrips
  • Scrips hitting New High / Low etc.

The Surveillance actions or investigations are initiated in the scrips identified from the above-stated reports.

 

Investigations

Conducting in-depth investigations based on preliminary enquiries/analysis made into trading of the scrip. In case of irregularities observed , necessary actions are initiated or investigation case forwarded to SEC, if necessary through the CEO.

 

Surveillance Actions

  • Warning to Members
    The department may issue verbal/ written warning to member/s when market irregularities in the scrip is suspected.

  • Imposition of penalty/ suspension
    The department,through the CEO, imposes penalty or suspend the member/s who are involved in market irregularities, based on the input/ evidence available from investigation report.

 

Rumor verification

  • Liaising with Compliance Officers of companies to obtain comments of the company on various price sensitive corporate news items appearing in selected News Papers.

  • Comments received from the companies are disseminated to the market by way of online news bulletin.

  • Investigations based on rumor verifications are carried out, if required, to detect cases of suspected insider trading.

 

 


Position Monitoring

 

The Surveillance Department closely monitors outstanding exposure of members on a daily basis. For this purpose, it observes various off-line and on-line market monitoring reports. The reports are scrutinized to ascertain whether there is excessive purchase or sale position build up compared to the normal business of the member, whether there are concentrated purchases or sales, whether the purchases have been made by inactive or financially weak members and even the quality of scrips is considered to assess the quality of exposure.

The following key areas are examined to assess the market risk involved -

 

Online monitoring of Brokers Position

Surveillance closely monitors brokers gross turnover exposure for ensuring margin calls in time.

 

B/S Statement of Trading Members

Scrutinizing the statement on daily basis. It is for keeping a watch on the exposure of the members & ascertain the quality of exposures.

A detailed report on the net outstanding positions of top purchasers and top sellers in individual scrips, is prepared, if considered necessary.

 

Concentrated B/S

It is considered a risky issue. In case, such a situation is noticed, fundamentals of the scrips, their daily turnover, their nature of transactions are ascertained. Thereafter, based on the market risk perception appropriate surveillance actions are taken.

 

B/S of scrips having thin trading

It is closely scrutinized as comparatively high market risk is involved in trading in such scrips. Details of trades in such scrips, if necessary, are called from members to assess the market risk involved & decide on the appropriate surveillance action.

 

Verification of Institutional Trade

The institutional trades executed by the trading members are verified to ascertain the genuineness of trades.

 

Verification of Foreign Trade

The foreign trades executed by the trading members are verified to ascertain the genuineness of trades.

 

Verification of Cross Reporting Trade

The report crossing trades executed by the trading members are verified to ascertain the genuineness of trades.

 

Verification of Dealers own trades

Trades executed by the trading members (Dealers) are verified to ascertain the genuineness of trades.

 

Verification of Sponsor's Trade

The Sponsors trades executed by the trading members are verified to ascertain the genuineness of trades.

 

Snap Investigation

To carry out, wherever considered necessary, preliminary investigation of certain dealings to verify irregularities. Further actions, viz., referring the case for detailed investigation, referring the case to the Sec, depending on the findings of preliminary investigation.

 

Market Intelligence

The rumors floating in the market are verified with the data available with DSE,Newspapers, Television news channels & Reuters to ascertain the national & global factors affecting the market sentiments. This enables the Exchange to avert market problems before it causes a serious damage.

 

Review Block Trades

To determine -

  • whether the block was executed at a price, even if at a discount or premium which was in line with other trading of the stock.

  • whether there was any news on the company which caused the price increase or decrease subsequent to the block transaction.

 

Review List of Settlement Failures

To identify -

  • broker/s with frequent failures
  • a particular stock with a pattern.

 

Verify Company Accounts

To scrutinize company announcements, company reports, auditors qualifications & other notes of special interests in the published accounts of such company.

 

Review Media Information

To scrutinize press articles or other media on the daily basis, the news relevant to the share prices of companies.

 

Monitoring on Newly Listed Stock

To review all activities of a newly listed stock for the first 1 / 2 weeks to identify any abnormal deal.

 

Develop Good Liaison

To develop & maintain good liaison with staff members of SEC & listed companies & member firms as well.

 

Develop market contacts & to pick up Intelligence.

 

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