Dhaka, March 4 -- Around 51,549 Beneficial Owner (BO) accounts in the country's two stock exchanges have become shareless in the past seven months under the interim government, according to data from the Central Depository Bangladesh Limited (CDBL).
Sources indicate that after a prolonged downturn, the stock market showed signs of recovery and positive movement at the beginning of the interim government's tenure. However, the momentum did not last.
Currently, the number of BO accounts without shares has reached 362,466. In the past two months alone, 17,732 BO accounts have become shareless, including 54 foreign BO accounts that are now inactive.
CDBL data shows that the number of BO accounts held by foreign and expatriate investors now...
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