Gemini Seafood Achieves Tk 27 Crore in Local Sales

On May 20, 2025, Bangladesh’s stock market rebounded from a five-year low as bargain hunters capitalized on undervalued shares. The DSEX rose 13 points (0.28%) to 4,789 in the first hour of trading. Blue-chip and Shariah indices also posted gains.

Over the past seven years, 56 companies raised Tk5,178 crore through IPOs in Bangladesh, but 24 of them—collectively raising over Tk2,000 crore—have been downgraded to the Z and B categories due to poor financial performance.

The Dhaka Stock Exchange (DSE) saw a significant decline on Sunday, with the DSEX index falling nearly 30 points, or 0.56%, to 5,174, marking its lowest level since February 10. This drop was driven by investor unease following tensions within the Bangladesh Securities and Exchange Commission (BSEC) over the forced retirement of an executive director.

Shrimp exports in Bangladesh have halved over the past seven years, forcing many processing units to shut down. Out of 109 registered factories, only 48 remain operational—30 in Khulna and 18 in Chattogram—due to a severe raw material shortage, with factories receiving just 7% of their required shrimp input.

Marine fish harvest in Bangladesh declined for the second consecutive year, with catches from the Bay of Bengal falling to 628,622 tonnes in FY 2023-24, the lowest in nine years, marking a 13% year-on-year drop, according to the Department of Fisheries (DoF).

The Bangladesh Securities and Exchange Commission (BSEC) has halted the Tk 5 crore fundraising by Doer Services Ltd following media reports on problematic client agreements and profitability. The regulator will form a committee with the Dhaka Stock Exchange (DSE) to investigate the issues.