Bangladesh, March 19 -- The prime index of the Dhaka Stock Exchange (DSE) plummeted to a fresh two-and-a-half-months low Monday as risk-averse investors sold major sector stocks, fearing further fall.
DSEX, the core index of the prime bourse, went down by 50.91 points or 0.90 per cent to finish at 5,604. It was the lowest level of DSEX since January 03, 2019.
Market analysts said small investors were not confident enough to inject fresh fund in stocks while institutional investors mostly followed 'wait-and-see' strategy amid ongoing corporate declarations of financial sector and liquidity crisis in the banking sector.
"The ongoing pessimism coupled with lack of market triggers kept investors mostly inactive, taking the market turnover be...