Dhaka, Jan. 28 -- The Dhaka Stock Exchange Brokers Association (DBA) has formally requested an extension of the special fund designated for stock market investments.

In a letter to Bangladesh Bank Governor Dr Ahsan H Mansur on January 28, the DBA urged the extension of the fund supporting the country's stock market until 2030, proposing an increase in the fund size for each scheduled bank from Tk 200 crore to Tk 300 crore in light of ongoing economic challenges.

The special fund, introduced through DOS Circular No. 01 on February 10, 2020, aimed to stabilise the stock market and enhance liquidity flow. It directed scheduled banks, financial institutions, and market intermediaries, including brokerage houses and merchant banks, to invest...