Dhaka, Bangladesh (BBN)- The turnover value at the Dhaka Stock Exchange (DSE) hit the three-and-half year low on Wednesday triggering street protests by retail investors.
The turnover of the DSE stood at BDt 1.22 billion at the end of Wednesday's trading session, the lowest since December 17, 2008, when it was BDT 1.09 billion, according to the DSE statistics.
Most retail investors panicked by the free-fall of stock prices for the last few days continued to offload their shares on the day, the market operators said.
In last nine consecutive trading sessions, turnover value at the DSE failed to cross even BDT 2.00 billion.
The DGEN declined to a three-and-a half months low to 4,295.50, losing 108.12 points or 2.45 per cent on Wednesday. The DGEN lost almost 400 points in the last six consecutive trading sessions.
Out of 254 issues traded on the day, 21 advanced, 222 declined and 11 remained unchanged.
Meanwhile, a section of angry investors staged demonstration in front of the DSE building protesting against continuous fall in share prices and demanded finance minister's resignation.
Under the banner of 'Bangladesh Share Investors Association' (BSIA), investors chanted slogans against the finance minister, demanded his immediate resignation for his ‘harsh comment’ on the share market.
BBN/SSR/AD-21June12-10:56 am (BST)