DHAKA, June 9, 2026 (BSS) - The DSE Brokers Association of Bangladesh (DBA) has expressed its gratitude to the newly appointed Chairman of the Bangladesh Securities and Exchange Commission (BSEC), Masud Khan, and the commission members for their decision to withdraw the long-standing floor prices imposed on the shares of Islami Bank Bangladesh PLC and Beximco Limited.

In a written statement issued today, the DBA conveyed its appreciation and congratulations to the securities regulator for the move.

The association noted that on May 4, 2026, it had submitted a formal letter to BSEC seeking the removal of the floor prices in order to eliminate market stagnation and restore normal trading activities.

 The letter, signed by DBA President Saiful Islam, highlighted that the prolonged floor price restrictions on the shares of Islami Bank and Beximco had hindered normal trading activities for sellers and disrupted the market's price discovery mechanism.

The DBA also pointed out that the floor price system increased the risk of negative equity for investors who had taken margin loans and created a negative perception of Bangladesh's capital market among international investors.

Considering the DBA's proposal and the overall market situation, the newly constituted BSEC commission decided to withdraw the floor prices on the shares of Islami Bank Bangladesh PLC and Beximco Limited.

Welcoming the decision, DBA President Saiful Islam expressed his sincere thanks and appreciation to Chairman Masud Khan and the commission under his leadership.

The DBA believes that the timely decision will play a significant role in removing long-standing market stagnation, restoring normal trading activities and strengthening investor confidence. 

It also said the move would help make the market-based price determination system more effective, transparent and dynamic.

The association further expressed hope that under the leadership of Masud Khan, the new commission would undertake necessary reforms to remove regulations and barriers that have long been considered inconsistent with a business- and investment-friendly environment, and take effective steps to build a transparent, modern, sustainable and confidence-based capital market.

Saiful Islam also welcomed and congratulated the newly appointed chairman and all commission members, reaffirming the DBA's commitment to working closely with the regulator and providing full cooperation in promoting capital market development, protecting investors' interests and ensuring market stability.