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Weekly Review: Stocks slump amid 'poor' dividend
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Dhaka, Bangladesh, Nov. 3 -- Bangladesh's stocks suffered losses in the outgoing week that ended on Thursday as nervous investors dumped their holdings amid 'poor' dividend declarations.
Week on week, DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 89.10 points or 1.87 per cent to close at 4,682, after remaining flat in the week before.
Ongoing depressed market outlook added further woes to the investors by poor dividends declaration by the listed companies, according to experts.
They also said prolonged bearish trend frustrated general investors, said an analyst, adding that since beginning of the year, indices have been on the downward direction, with some periodic upward movement, which failed to sustain amid c...
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