BSEC lifts floor prices on Beximco, Islami Bank shares

BSS
Published On: 08 Jun 2026, 20:27

DHAKA, June 8, 2026 (BSS) – The Bangladesh Securities and Exchange Commission (BSEC) has withdrawn the floor price restrictions on shares of Beximco Limited and Islami Bank Bangladesh PLC, paving the way for the two stocks to trade freely from tomorrow.

The decision was taken at a special commission meeting held today, and a circular was issued subsequently to implement the measure.

With the withdrawal of the floor prices, shares of both companies will be allowed to trade without any minimum price limit from June 9, restoring normal market-based price discovery.

BSEC Executive Director and spokesperson Abu Kalam confirmed the development, saying that trading in the shares of the two companies would resume without floor price restrictions from tomorrow.

Before the latest decision, the floor price for Beximco stood at Tk 110.10 per share, while that of Islami Bank was fixed at Tk 32.60 per share.

The securities regulator had introduced floor prices in phases, first in March 2020 during the COVID-19 pandemic and later in July 2022 amid global economic uncertainties, with the objective of containing excessive market volatility.

Although the mechanism helped stabilize the market during turbulent periods, it also resulted in many stocks remaining locked at their minimum trading levels, reducing liquidity, trading volumes and the effectiveness of price discovery.

BSEC began gradually removing the restrictions in January 2024. By August 2024, only Beximco and Islami Bank remained under the floor price regime.

Market observers believe the latest move represents another step toward normalizing trading conditions in the capital market and enhancing liquidity by allowing share prices to be determined through regular market forces.

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