32 Companies Listed by DSE to Check Market Speculation

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32 Companies Listed by DSE to Check Market Speculation

B Mirror Report : To quell market rumors, the DSE has listed 32 companies with suspended production. Thirty-two Companies listed on the stock market continue to cease their production activity.The Dhaka Stock Exchange (DSE), the nation’s top stock exchange, has released a list of these companies in order to stop market manipulation and misinformation about their shares. Two state-owned businesses are also on the list, according to DSE sources.

As per the list released by the DSE, most of the companies have remained closed between 2020 and 2025, while one company has been inactive since 2002. On the same day, in line with a directive issued by the Bangladesh Securities and Exchange Commission (BSEC) in May 2024, the DSE downgraded Baraka Power and Jahin Spinning Mills to the ‘Z’ category due to suspension of production for more than six months.

The list of non-operational companies published by the DSE includes: Apollo Ispat Complex, Aramit Cement, Aziz Pipes, Baraka Power, Bangladesh Welding, Dulamia Cotton, Emerald Oil, Familytex (BD), GBB Power, Generation Next Fashions, Hamid Fabrics, Khulna Power Company, Khulna Printing and Packaging, Meghna Condensed Milk, Meghna PET Industries, Metro Spinning Mills, Mithun Knitting, New Line Clothings, Northern Jute, Noorani Dyeing, Pacific Denims, Prime Textile, Rahima Food, RSRM, Regent Textile, Suhird Industries, state-owned Shyampur Sugar Mills, Standard Ceramics, Tunghai Knitting, Yakin Polymer, Jahin Spinning, and state-owned Usmania Glass Sheet Factories.

Sources said this is the first such initiative of its kind in the market. The objective is to inform investors about the actual operational status of companies and to protect them from share price manipulation driven by rumors or misinformation about non-operational firms. False information about these companies is often spread to artificially inflate or deflate share prices, causing losses to general investors. Through this list, investors will be able to understand the real condition of the companies and safeguard themselves from risky investments.

According to DSE data, most of the companies ceased operations between 2020 and 2025, while one company has remained inactive since 2002. Following directives from the regulator BSEC, Baraka Power and Jahin Spinning Mills were downgraded to the ‘Z’ category due to production being suspended for more than six months.

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