Dhaka, Bangladesh (BBN) – Dhaka stocks continued to decline for the fifth straight session Thursday as investors’ sold-off shares in panic, fearing further decline, market operators said.
The market opened with a positive note, gaining more than 40 points within five minutes. After that it fluctuated several times and finally ended 98 points lower.
The benchmark General Index of Dhaka Stock Exchange (DGEN) plunged 98.88 points or 196 percent to close at 4,932.30. The DGEN also dive bellow 5,000 level on November 11 last.
Meanwhile, a section of angry investors demonstrated again in front of the DSE main gate in briefly, protesting against the continuous share price fall.
Retail investors, under the banner of the Bangladesh Share Market Investors Unity Council (BSMIUC), demonstrated in front of the DSE 1.30pm to 3:00pm (BST).
Out of 254 issues traded, only 39 advanced, 204 declined and 11 remained unchanged while turnover value stood at BDT 2.02 billion against BDT 2.74 billion in the previous session.
BBN/BB/SI-08Dec11-9:26 pm (BST)