Weekly Review: Stocks keep losing amid confidence crisis
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Dhaka, Bangladesh, Oct. 19 -- Bangladesh's stocks extended the losing streak for the third straight week that ended on Thursday as worried investors continued their selling binge on large-cap shares.
Week on week, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 39.22 points or 0.82 per cent to close at 4,771.
The outgoing week saw five trading days as usual. Of them, a single positive session with 110 points increase amidst four negative sessions which ultimately weighted more as DSEX lost 39 points.
Market experts said ongoing depressed market outlook coupled with growing concern about the telecom regulator moves to appoint administrator to Grameenphone over unpaid dues dragged the market down.
GP, which is the ...
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