DSEX sinks below 5,700-mark after 3 years
Dhaka, April 18 -- The stock market witnessed yet another major setback on Thursday, with the key index of the Dhaka bourse sinking below 5,700-mark for the first time in three years, as jittery investors sold off major sector stocks.
Substantial price erosion of large-cap stocks dragged the Dhaka Stock Exchange (DSE) down by more than 77 points or 1.33 per cent to 5,686, the lowest in three years since May 2021.
The DSEX lost 178 points in the past four trading days after Eid holidays.
Most investors preferred to reduce their stock market exposure owing to concerns regarding the market outlook, while some remained on the sidelines amid prevailing volatility, market experts said.
The investors were rattled on the trading floor, being ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.