Market Status: Closed    Fri 22 Jun 18, 3:11 PM (BST)

1JANATAMF 6.10 0
FIRST JANATA BANK MF 1,186 0.00%
AAMRANET 80.30 1.3
AAMRA NETWORKS LIMITED 18,280 1.65%
AAMRATECH 28.20 0.2
AAMRA TECHNOLOGIES LTD. 4,800 0.71%
ABB1STMF 5.90 0
AB BANK 1ST MUTUAL FUND 1,003 0.00%
ABBANK 12.30 0
AB BANK 44,372 0.00%
ACI 347.00 2
ACI 1,302 0.58%
ACIFORMULA 175.90 13.8
ACI FORMULATIONS 150 8.51%
ACMELAB 100.00 0
THE ACME LABORATORIES LTD. 2,086 0.00%
ACTIVEFINE 29.90 0.5
ACTIVE FINE CHEMICALS 23,234 1.70%
ADVENT 36.10 0.5
ADVENT PHARMA LIMITED 84,129 1.40%
AFCAGRO 37.10 0.6
AFC AGRO BIOTECH LIMITED 9,495 1.64%
AFTABAUTO 54.00 2.5
AFTAB AUTO. 6,341 4.85%
AGNISYSL 20.00 0.4
AGNI SYSTEMS 23,003 2.04%
AIL 113.00 1.5
ALIF INDUSTRIES LIMITED 66,869 1.35%
ALARABANK 22.80 0
AL-ARAFAH ISLAMI BANK 16,652 0.00%
ALLTEX 9.80 -0.1
ALLTEX IND. 6,000 -1.01%
AMANFEED 53.00 0.9
AMAN FEED LIMITED 24,732 1.73%
AMBEEPHA 540.00 -23.6
AMBEE PHARMA 1,523 -4.19%
AMCL(PRAN) 225.00 -0.3
AMCL(PRAN) 2,938 -0.13%
ANLIMAYARN 32.50 1.1
ANLIMA YARN 18,320 3.50%
ANWARGALV 90.00 5.8
ANWAR GALVANIZING 76,551 6.89%
APEXFOODS 238.30 -6.7
APEX FOOD 1,550 -2.73%
APEXFOOT 334.90 1.2
APEX ADELCHI FOOTW. 320,015 0.36%
APEXSPINN 170.00 -0.8
APEX SPINNING 4,732 -0.47%
APEXTANRY 151.50 5.9
APEX TANNERY 4,812 4.05%
APOLOISPAT 12.30 0
APPOLLO ISPAT COMPLEX LTD 126,768 0.00%
ARAMIT 412.00 8
ARAMIT 40 1.98%
ARAMITCEM 23.50 0.4
ARAMIT CEMENT 2,704 1.73%
ARGONDENIM 26.60 0.2
ARGON DENIMS LIMITED 8,166 0.76%
ASIAINS 15.30 1.3
ASIA INSURANCE 100 9.29%
AZIZPIPES 187.10 2.9
AZIZ PIPE 1,785 1.57%
BANKASIA 16.50 0.3
BANK ASIA 8,850 1.85%
BARKAPOWER 28.20 0.4
BARAKA POWER LIMITED 24,013 1.44%
BATASHOE 1,140.00 -5
BATA SHOE 4 -0.44%
BAYLEASING 19.30 0
BAY LEASING 288 0.00%
BBS 29.20 -0.2
BANGLADESH BUILDING SYSTEMS LIMITED 20,445 -0.68%
BBSCABLES 74.00 -1
BBS CABLES LTD. 76,725 -1.33%
BDCOM 27.80 -0.1
BDCOM ONLINE 91,447 -0.36%
BDFINANCE 17.00 1
BD FINANCE 127,301 6.25%
BDLAMPS 228.90 18.4
BD. LAMPS 2,413 8.74%
BDTHAI 24.00 -0.3
BD. THAI ALLUMINIUM 39,766 -1.23%
BEACHHATCH 13.20 0.2
BEACH HATCHERY 2,000 1.54%
BEACONPHAR 18.50 0.3
BEACON PHARMA 12,376 1.65%
BENGALWTL 30.20 0.4
BENGAL WINDSOR THERMOPLASTICS LIMITED 10,153 1.34%
BERGERPBL 1,366.90 -7.7
BERGER PAINTS 484 -0.56%
BEXIMCO 26.80 0
BEXIMCO LIMITED 581,060 0.00%
BGIC 18.90 0.6
BANGLADESH GENERAL INS. 588 3.28%
BNICL 14.60 0.4
BANGLADESH NATIONAL INSURANCE COMPANY LIMITED 5,351 2.82%
BRACBANK 75.00 1.5
BRAC BANK 23,974 2.04%
BSC 41.80 -1.1
B.S.C. 36,758 -2.56%
BSCCL 102.00 4.2
BANGLADESH SUBMARINE CABLE CO. LTD. 13,145 4.29%
BSRMLTD 103.90 -1.2
BANGLADESH STEEL RE-ROLLING MILLS LIMITED 86,660 -1.14%
BSRMSTEEL 71.90 0.9
BSRM STEELS 2,090 1.27%
BXPHARMA 98.00 1.4
BEXIMCO PHARMA 13,471 1.45%
BXSYNTH 9.00 0
BEXIMCO SYNTHETICS 12,001 0.00%
CENTRALPHL 15.60 -0.1
CENTRAL PHARMACEUTICALS LIMITED 18,811 -0.64%
CITYBANK 33.30 1.2
CITY BANK 8,505 3.74%
CITYGENINS 13.10 0.2
CITY GENERAL INSURANCE 7 1.55%
CNATEX 6.10 0
C & A TEXTILES LIMITED 9,081 0.00%
CONFIDCEM 154.60 -1
CONFIDENCE CEMENT 9,478 -0.64%
CVOPRL 211.90 0.3
CVO PETROCHEMICAL 4,309 0.14%
DACCADYE 6.90 -0.1
DACCA DYEING 1,100 -1.43%
DAFODILCOM 37.50 -0.5
DAFFODIL COMPUTERS 5,160 -1.32%
DBH 132.10 -2.9
DELTA BRAC HOUSING 1,550 -2.15%
DBH1STMF 9.20 0.4
DBH FIRST MF 2,540 4.55%
DELTALIFE 101.50 1.1
DELTA LIFE INSURAN 250 1.10%
DELTASPINN 8.70 0.1
DELTA SPINNERS 103,367 1.16%
DESCO 42.30 0.1
DHAKA ELECTRIC SUPPLY 500 0.24%
DESHBANDHU 16.60 0.2
DESHBANDHU POLYMER 45,568 1.22%
DHAKABANK 14.50 0.3
DHAKA BANK 9,962 2.11%
DOREENPWR 103.00 -0.6
DOREEN POWER GENERATIONS AND SYSTEMS LIMITED 11,983 -0.58%
DSSL 18.80 -0.3
DRAGON SWEATER AND SPINNING LIMITED 64,880 -1.57%
EASTLAND 19.20 -0.3
EASTLAND INSURANCE 1,010 -1.54%
EBL 34.80 -0.3
EASTERN BANK 5,000 -0.85%
EHL 47.00 0.8
EASTERN HOUSING 400 1.73%
ENVOYTEX 34.50 1.5
ENVOY TEXTILES LIMITED 3,221 4.55%
ETL 15.20 -0.1
EVINCE TEXTILES LIMITED 34,770 -0.65%
EXIMBANK 11.90 0.4
EXPORT IMPORT BANK 51,314 3.48%
FAMILYTEX 6.10 0
FAMILYTEX(BD) LIMITED 50,857 0.00%
FARCHEM 16.40 -0.2
FAR CHEMICAL INDUSTRIES LIMITED 25,830 -1.20%
FAREASTFIN 7.40 0
FAREAST FINANCE & INVESTMENT LIMITED 14,850 0.00%
FASFIN 11.00 0.1
FAS FINANCE & INVESTMENT 62,250 0.92%
FBFIF 5.40 0
FIRST BD FIXED INCOME FUND 55 0.00%
FEDERALINS 9.30 0.1
FEDERAL INSURANCE 5,570 1.09%
FEKDIL 15.50 0.1
FAR EAST KNITTING & DYEING INDUSTRIES LIMITED 12,920 0.65%
FINEFOODS 35.60 0.8
FINE FOODS 61,817 2.30%
FIRSTFIN 6.00 -0.6
FIRST FINANCE LIMITED 1 -9.09%
FIRSTSBANK 11.20 0.1
FIRST SECURITY ISLAMI BANK 68,149 0.90%
FORTUNE 29.70 0.7
FORTUNE SHOES LIMITED 54,141 2.41%
FUWANGCER 15.60 -0.4
FU-WANG CERAMIC 47,546 -2.50%
FUWANGFOOD 17.50 0
FU-WANG FOODS 111,965 0.00%
GBBPOWER 14.90 0.1
GBB POWER LIMITED 15,441 0.68%
GENNEXT 8.50 0
GENERATION NEXT FASHIONS LIMITED 256,247 0.00%
GHAIL 37.70 -0.4
GOLDEN HARVEST AGRO INDUSTRIES LIMITED 41,547 -1.05%
GOLDENSON 10.50 0.4
GOLDEN SON 10 3.96%
GP 401.00 17.2
GRAMEENPHONE 29,081 4.48%
GPHISPAT 37.00 0.2
GPH ISPAT LIMITED 20,335 0.54%
GQBALLPEN 87.60 7.9
GQ BALL PEN 8,025 9.91%
GRAMEENS2 16.30 -0.2
GRAMEEN MF TWO 3,312 -1.21%
GREENDELMF 8.60 -0.2
GREEN DELTA MF 766 -2.27%
GSPFINANCE 17.40 0.3
GSP FINANCE (BD) LTD 3,142 1.75%
HEIDELBCEM 344.00 3.9
HEIDELBERG CEMENT 400 1.15%
HFL 26.20 0.8
HAMID FABRICS LIMITED 2,486 3.15%
HRTEX 41.00 1.2
H.R. TEXTILES 35,269 3.02%
HWAWELLTEX 36.90 1
HWA WELL TEXTILES (BD) LIMITED 250 2.79%
IBNSINA 263.00 -2
IBN SINA PHARMA 30 -0.75%
ICB 150.60 4.1
I.C.B. 22,479 2.80%
ICB2NDNRB 9.90 -0.2
ICB AMCL 2ND NRB MF 10,100 -1.98%
ICB3RDNRB 6.10 0.1
ICB AMCL 3RD NRB MF 2,000 1.67%
ICBAMCL2ND 7.40 -0.6
ICB AMCL SECOND MF 1,000 -7.50%
ICBEPMF1S1 6.40 -0.1
ICB EMPLOYEES PROV MF-1 500 -1.54%
IDLC 66.90 -0.3
IDLC FINANCE 1,545 -0.45%
IFADAUTOS 112.00 5.2
IFAD AUTOS LIMITED 21,351 4.87%
IFIC 13.20 0.3
IFIC BANK 66,105 2.33%
IFIC1STMF 5.70 0
IFIC BANK 1ST MF 58,825 0.00%
IFILISLMF1 7.40 0
IFIL ISLAMIC MF-1 2,000 0.00%
ILFSL 15.50 0.6
INTERNATIONAL LEASING 6,050 4.03%
IMAMBUTTON 27.00 -1.7
IMAM BUTTON 6,780 -5.92%
INTECH 17.50 0
INTECH ONLINE 19,769 0.00%
INTRACO 45.80 1.3
INTRACO REFUELING STATION LIMITED 85,494 2.92%
ISLAMIBANK 23.90 0.2
ISLAMI BANK 48,860 0.84%
ISLAMICFIN 15.40 0.4
ISLAMIC FINANCE 3,000 2.67%
ITC 33.10 0.6
INFORMATION TECHNOLOGY CONSULTANTS LIMITED 5,363 1.85%
JAMUNABANK 15.30 -0.3
JAMUNA BANK 3,396 -1.92%
JAMUNAOIL 182.00 0.8
JAMUNA OIL 4,076 0.44%
JMISMDL 230.00 3.7
JMI SYRINGES & MEDICAL DEVICES LTD. 17,248 1.63%
KAY&QUE 235.00 10.8
KAY & QUE (BD) 100 4.82%
KBPPWBIL 16.00 0.2
KHAN BROTHERS PP WOVEN BAG INDUSTRIES LIMITED 24,950 1.27%
KDSALTD 65.50 0.4
KDS ACCESSORIES LIMITED 8,017 0.61%
KEYACOSMET 9.90 0.1
KEYA COSMETICS 189,859 1.02%
KOHINOOR 400.00 -30
KOHINOOR CHEMICAL 170 -6.98%
KPCL 71.80 -1.6
KHULNA POWER 163,420 -2.18%
KPPL 10.10 0.9
KHULNA PRINTING & PACKAGING LIMITED 6,333 9.78%
LANKABAFIN 26.10 0.1
LANKA BANGLA FINANCE 101,267 0.38%
LEGACYFOOT 89.90 1.3
LEGACY FOOTWEAR 56,134 1.47%
LHBL 56.80 -0.7
88,017 -1.22%
MAKSONSPIN 8.80 0
MAKSONS SPINNING 69,445 0.00%
MALEKSPIN 17.20 0.2
MALEK SPINNING 729 1.18%
MATINSPINN 37.00 0.9
MATIN SPINNING MILLS LIMITED 200 2.49%
MEGHNACEM 104.40 8.8
MEGHNA CEMENT 1,067 9.21%
MERCANBANK 17.80 0.4
MERCANTILE BANK 27,981 2.30%
MERCINS 27.20 1.4
MERCANTILE INSURANCE 71,900 5.43%
METROSPIN 9.80 -0.2
METRO SPINNING 8,800 -2.00%
MHSML 14.50 -0.3
MOZAFFAR HOSSAIN SPINNING MILLS LIMITED 6,640 -2.03%
MICEMENT 80.50 2.3
M.I. CEMENT 1,152 2.94%
MIRACLEIND 46.70 0.2
MIRACLE INDUSTRIES 126,458 0.43%
MITHUNKNIT 20.00 -0.4
MITHUN KNITTING 3,429 -1.96%
MJLBD 101.80 1.4
MJL BANGLADESH LIMITED 2,101 1.39%
MONNOCERA 275.80 22.1
MONNO CERAMIC 2,160 8.71%
MPETROLEUM 186.00 4.4
MEGHNA PETROLEUM 220 2.42%
MTB 29.60 -0.3
MUTUAL TRUST BANK LIMITED 3,667 -1.00%
NAHEEACP 48.80 -0.1
NAHEE ALUMINUM COMPOSITE PANEL LTD. 19,281 -0.20%
NAVANACNG 73.30 -0.1
NAVANA CNG 8,989 -0.14%
NBL 10.00 0
NATIONAL BANK 255,582 0.00%
NCCBANK 15.00 0.1
NATIONAL CREDIT & COM. BNK 32,167 0.67%
NFML 13.60 0.2
NATIONAL FEED MILL LIMITED 18,045 1.49%
NHFIL 38.00 0
NATIONAL HOUSING 500 0.00%
NPOLYMAR 90.10 4.2
NATIONAL POLYMER 9,024 4.89%
NTC 631.00 1
NATIONAL TEA 10 0.16%
NURANI 14.60 -0.1
NURANI DYEING & SWEATER LIMITED 40,059 -0.68%
OAL 15.30 -0.1
OLYMPIC ACCESSORIES LIMITED 73,088 -0.65%
OIMEX 41.50 -0.5
OIMEX ELECTRODE LIMITED 13,608 -1.19%
OLYMPIC 231.50 0.6
OLYMPIC INDUSTRIES 2,338 0.26%
ONEBANKLTD 16.70 0.3
ONE BANK 20,304 1.83%
ORIONINFU 54.00 1.4
ORION INFUSION 24,015 2.66%
ORIONPHARM 41.90 0.5
ORION PHARMA LIMITED 841 1.21%
PADMALIFE 34.50 1.3
PADMA ISLAMI LIFE INSURANCE 2,644 3.92%
PADMAOIL 228.00 -0.1
PADMA OIL 979 -0.04%
PDL 16.70 0
PACIFIC DENIMS LIMITED 22,262 0.00%
PENINSULA 24.90 0.3
THE PENINSULA CHITTAGONG LIMITED 36,023 1.22%
PHPMF1 6.10 0
PHP FIRST MF 6,105 0.00%
PLFSL 8.80 -0.2
PEOPLE'S LEASING 14,240 -2.22%
POPULAR1MF 5.70 0
POPULAR LIFE FIRST MF 58,200 0.00%
POWERGRID 47.00 0
POWER GRID 323 0.00%
PREMIERBAN 11.50 0.2
PREMIER BANK 78,164 1.77%
PREMIERCEM 72.30 -6.7
PREMIER CEMENT MILLS LIMITED 1,000 -8.48%
PREMIERLEA 11.10 0.1
PREMIER LEASING 2,025 0.91%
PRIME1ICBA 6.60 0
PRIME BANK 1ST ICB AMCL MF 1,000 0.00%
PRIMEBANK 17.80 0.3
PRIME BANK 5,055 1.71%
PRIMEFIN 8.60 0
PRIME FINANCE 16 0.00%
PRIMETEX 28.00 2.5
PRIME TEXTILE 295,883 9.80%
PTL 51.00 4.2
PARAMOUNT TEXTILE LIMITED 223,846 8.97%
PUBALIBANK 23.30 0.5
PUBALI BANK 16,856 2.19%
QUASEMIND 69.00 1.3
47,763 1.92%
QUEENSOUTH 55.70 4.7
QUEEN SOUTH TEXTILE MILLS LIMITED 94,390 9.22%
RAHIMAFOOD 159.00 1
RAHIMA FOOD CORP. 12,500 0.63%
RAKCERAMIC 43.80 -0.1
R.A.K. CERAMICS 11,350 -0.23%
RANFOUNDRY 143.00 -1.3
RANGPUR FOUNDRY 24,094 -0.90%
RDFOOD 16.50 -0.4
RAGPUR DAIRY & FOOD PRO 24,941 -2.37%
RECKITTBEN 1,793.80 0
RECKIT BENCKISER 12,547 0.00%
REGENTTEX 16.80 -0.1
REGENT TEXTILE MILLS LIMITED 13,785 -0.59%
RNSPIN 12.00 0.1
R. N. SPINNING 72,428 0.84%
RSRMSTEEL 50.30 -0.1
RATANPUR STEEL RE-ROLLING MILLS LIMITED 9,353 -0.20%
RUPALIBANK 43.00 3.5
RUPALI BANK 16,714 8.86%
RUPALILIFE 58.10 1.9
RUPALI LIFE INSURANCE 3,000 3.38%
SAFKOSPINN 18.10 0.5
SAFKO SPINING 113,762 2.84%
SAIFPOWER 25.80 0
SAIF POWERTEC LTD. 201,406 0.00%
SAIHAMCOT 14.40 0.5
SAIHAM COTTON MILLS LTD. 14,900 3.60%
SAIHAMTEX 18.80 -0.1
SIAHAM TEXTILE 2,120 -0.53%
SALAMCRST 31.80 0.6
S ALAM STEELS 4,310 1.92%
SALVOCHEM 26.00 0.3
SALVO CHEMICAL 2,267 1.17%
SAMATALETH 54.80 -3
SAMATA LEATHER 500 -5.19%
SAMORITA 79.80 1.3
SAMORITA HOSPITAL 450 1.66%
SANDHANINS 27.30 -1.7
SANDHANI LIFE INS. 2,000 -5.86%
SAPORTL 27.90 0.5
SUMMIT ALLIANCE PORT 44,792 1.82%
SHAHJABANK 22.70 0.5
SHAHJALAL ISLAMI BANK 17,652 2.25%
SHASHADNIM 60.00 0.7
SHASHA DENIMS LIMITED 98,700 1.18%
SHEPHERD 27.60 0.1
SHEPHERD INDUSTRIES LIMITED 138,975 0.36%
SHURWID 17.00 0.1
SHURWID INDUSTRIES LTD. 12,100 0.59%
SIBL 16.60 0.3
SOCIAL ISLAMI BANK 9,079 1.84%
SIMTEX 27.00 1.1
SIMTEX INDUSTRIES LIMITED 938 4.25%
SINGERBD 175.90 2.9
SINGER BD 5,537 1.68%
SINOBANGLA 55.10 1.1
SINOBANGLA INDUSTRIES 68,909 2.04%
SONARGAON 16.30 -1.2
SONARGAON TEXTILE 4,312 -6.86%
SOUTHEASTB 16.90 0.1
SOUTHEAST BANK 39,028 0.60%
SPCERAMICS 17.10 -0.1
SHINEPUKUR CERAMICS 11,919 -0.58%
SPCL 85.40 1.2
SHAHJIBAZAR POWER CO. LTD. 8,589 1.43%
SQUARETEXT 50.80 0.2
SQUARE TEXTILES 760 0.40%
SQURPHARMA 289.80 4.7
SQUARE PHARMA 18,563 1.65%
STANCERAM 158.90 14.4
STANDARD CERAMIC 660 9.97%
STANDBANKL 11.60 0.2
STANDARD BANK 10,038 1.75%
SUMITPOWER 37.30 0.2
SUMMIT POWER 15,061 0.54%
TAKAFULINS 21.00 -0.1
TAKAFUL ISLAMI INS. 16 -0.47%
TALLUSPIN 7.10 -0.2
TALLU SPINNING 3,500 -2.74%
TITASGAS 39.40 0.4
TITAS GAS 26,040 1.03%
TOSRIFA 18.00 0.5
TOSRIFA INDUSTRIES LIMITED 937 2.86%
TRUSTB1MF 6.20 -0.1
TRUST BANK FIRST MF 18,138 -1.59%
TRUSTBANK 30.90 0.3
TRUST BANK 13,400 0.98%
TUNGHAI 6.80 -0.1
TUNG HAI KNITTING AND DYEING LIMITED 14,578 -1.45%
UCB 18.00 0.1
U.C.B.L. 29,041 0.56%
UNIONCAP 13.20 0.3
UNION CAPITAL 2,000 2.33%
UNIQUEHRL 53.10 0.2
UNIQUE HOTEL & RESORTS LTD. 5,100 0.38%
UNITEDAIR 3.90 -0.1
UNITED AIRWAYS 84,869 -2.50%
UPGDCL 260.10 -13.1
UNITED POWER GENERATION & DISTRIBUTION COMPANY LIMITED 6,517 -4.80%
USMANIAGL 169.30 0.5
USMANIA GLASS 26,392 0.30%
UTTARABANK 24.70 0.6
UTTARA BANK 15,139 2.49%
UTTARAFIN 57.00 1
UTTARA FINANCE 56 1.79%
WATACHEM 301.00 0
WATA CHEMICALS LIMITED 1,651 0.00%
WMSHIPYARD 32.20 -0.4
WESTERN MARINE SHIPYARD LIMITED 245,800 -1.23%
YPL 16.50 0.1
YEAKIN POLYMER LIMITED 11,050 0.61%
ZAHEENSPIN 13.20 -0.1
ZAHEEN SPINNING LIMITED 96,884 -0.75%
ZAHINTEX 14.20 0.6
ZAHINTEX INDUSTRIES LIMITED 38,700 4.41%


CHITTAGONG STOCK EXCHANGE (SHORT - SALE) REGULATIONS, 2005

In exercise of the powers conferred by section 34 of the Securities and Exchange Ordinance, 1969 (Ordinance No. XVII of 1969), the Chittagong Stock Exchange Ltd. makes, with the prior approval of the Securities and Exchange Commission the following regulations, namely:-

  • Short title: These regulations may be called the Chittagong Stock Exchange (Short-Sale) Regulations, 2005.
  • Definition: (1) In these regulations, unless the context otherwise requires-
    • “ledger” means a record containing the details of all short-selling activities by a stock dealer or stock broker for its own account or for the account of its clients as required under these regulations;
    • “stock exchange” means the Chittagong Stock Exchange Ltd.
    • “short-selling” means the sale of a security which –
      • the seller does not own, or
      • is consummated by the delivery of a security borrowed by or for the account of the seller;
  • (2)  Words and expressions used herein and not defined, but defined in the Securities and Exchange Ordinance, 1969 (XVII of 1969), the Securities and Exchange Commission Act, 1993 (XV of 1993), the Rules and Regulations made thereunder shall have the same meanings respectively assigned to them in the said Ordinance, Act, Rules and Regulations.

  • Owning security: A person shall be deemed to own a security only if –
    • he has title to the security; or
    • he has purchased the security which is available in his own account (including his BO account); or
    • he has entered into an unconditional contract, as prescribed by the SEC legally binding on him to buy the security, even if the buyer does not yet have title to them; or
    • he has unconditional right or interest to or in the security; or
    • he owns a security convertible into or exchangeable for the relevant security and has tendered such security for conversion or exchange or has issued irrevocable instructions to convert or exchange such security; or
    • he has an option to acquire the security and has exercised such option; or
    • he has rights or warrants to subscribe to the security and has exercised such rights or warrants
  • Prohibition of short-selling: (1) No stock dealer/stock broker can be engaged in short selling unless authorised by CSE.

    No stock dealer or stock broker shall be allowed to engage in short-selling a security of a company that is not an eligible security for short sale as per the Guidelines for Securities Borrowing and Lending for Short-Selling of Securities Listed on the Chittagong Stock Exchange, and the said security which it does not own either for its own account or for the account of its client except as prescribed in these regulations.

    Provided that a stock dealer or stock broker shall not short sell for its own account or the account of its clients unless the stock dealer or stock broker or the client, as the case may be, has a valid contract conforming the aspects/form that are included in the said Guidelines for Securities Borrowing and Lending to ensure delivery within the time stipulated by the clearing house of the stock exchange in terms of its Settlement of Stock Exchange Transactions Regulations, 2005:

    Provided further that in the case of short-selling for the client’s account, the relevant contract to borrow the security shall be countersigned by the stock dealer or stock broker dealing on behalf of the selling client to stand as guarantor for its client to ensure timely delivery of the security sold short:

    Provided further that no person shall make a short-sale of a security on the stock exchange below the price of the last sale of the security in the stock exchange.

    (2) The Chief Executive Officer of the stock exchange or any officer of the stock exchange authorised by him for the purpose may, by notice in writing, restrict or prohibit a stock dealer or stock broker from short-selling any security, if the circumstances so warrant.

    (3) The notice of such restriction or prohibition to the stock dealer or stock broker as mentioned in sub-regulation (2) above shall take effect immediately upon communication to or service on such stock dealer or stock broker and shall remain effective and in force until it is revoked or modified by the chief executive officer or by the officer of the stock exchange authorised by him for the purpose.

  • Manner of short-selling: (1) Subject to the provisions of regulations 3 and 4, a stock dealer or stock broker may short-sell a security –
    • for its own account; or
    • for the account of its clients provided it knows or is informed in writing that an order to sell is a short-sale, and shall, when placing a short-selling order, indicate in such manner as the stock exchange concerned shall, from time to time, determine that the order is a short-selling order.

    On receipt of an order for the sale of a security, a stock dealer or stock broker shall enquire of the client whether at the time of placing the order such client owns the security offered for sale.

    A stock dealer or stock broker shall take all reasonable steps to ensure that the client’s disclosures pursuant to these regulations are accurate.

  • Maintenance of records, etc: (1) A stock dealer or stock broker engaged in short-selling shall maintain a ledger as specified in Form-A, which  shall be kept upto-date in respect of short selling activities carried out by it on its own account or for the account of its clients.

    (2) No stock dealer or stock broker shall cause or allow an entry to be made in a ledger maintained under
    sub-regulation (1) which it knows or has reasonable grounds to believe to be false or misleading in any material respect.

    (3) A stock dealer or stock broker shall make the ledger maintained under sub-regulation (1) available for inspection to the stock exchange and the Commission upon the request of any of them and shall provide copies of such ledger, if requested by either of them.

    (4) A stock dealer or stock broker is required to preserve the ledger maintained under sub-regulation (1) for a period of not less than five years after the date of execution of the short selling transactions to which they relate.

  • Contravention: Contravention of any of the provisions of these regulations shall be punishable under the provision of the Securities and Exchange Ordinance, 1969 (XVII of 1969), Securities and Exchange Commission Act, 1993 (XV of 1993), the Rules and Regulations made thereunder, and the bye-laws of the stock exchange as well.
  • Power to impose restriction or grant exemption: The Commission may, from time to time restrict or exempt any order or trade of any stock dealer or stock broker in respect of all or any of the provisions of these regulations.
  • Supersession of existing regulations: These regulations supersede any other regulations relating to trading, clearance and settlement of transactions in force in the stock exchange, so far it relates to the short-sale of any listed security pursuant to these regulations:

    Provided, however, that in case of short-sale of security which is under depository system, relevant provisions of the depository related laws, regulations and bye-laws shall be applicable.

       

By Order of the Board

Abu Bakar Siddique
Chief Executive Officer