Dhaka, May 24 -- The securities regulator has taken another initiative to increase liquidity flow in the capital market by enhancing the stipulated investment ceiling, set for availing IPO (initial public offering) quota, by eligible investors (EIs).

The Bangladesh Securities and Exchange Commission (BSEC) has extended the EIs' investment limit in a meeting at the BSEC on Monday.

The BSEC officials said the investment limit has been extended to facilitate sustainability of the market's upward trend.

After sessions of losing 556 points, the DSE broad index - DSEX - advanced 1.93 per cent or 118.86 points to close at 6,261.54 points on Monday, riding on the announcement of extending the tenure and amount of the capital market refinancing...