Dhaka, Bangladesh, April 20 -- Bangladesh's extended their losing streak for the 12 straight weeks that ended on Thursday as investors continued their selling binge to avoid further loss.

Market experts have indentified some reasons including presence of a strong placement market, dearth of quality stocks, lack of investors' confidence, shortage of liquidity for the erosion in stock prices.

The stock market has also been affected by the lower participation of institutional and foreign investors, they added.

Turnover on the major bourse slumped to 13-month low and prime index came down to five months low in second session of the week on Tuesday.

Following the free-fall, angry investors took to the streets and demanded resignation of M ...