Weekly market review: Stocks lose more ground amid sour sentiment
Dhaka, Nov. 19 -- Stocks witnessed yet another downbeat week, with the benchmark index plunging deeper into the red as investors, reeling from market turbulence, raced to sell off their holdings to avoid further erosion of their portfolios.
The growing economic worries, dismal earnings disclosures of most listed firms coupled with rumors of liquidity crunch in banks continue to weigh on investor confidence, market insiders said.
Of the five trading days this week, the first three sessions suffered losses while two others managed to edge up after the securities regulator relaxed the 'floor price' limit for transactions on the block market.
The benchmark DSEX index of the Dhaka Stock Exchange (DSE) plunged 87.77 points or 1.38 per cent t...
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