The Dhaka Stock Exchange (DSE) witnessed a sharp fall yesterday, adding fuel to the bearish market and prompting the general investors to take to the street.
The demonstrators, numbering over a hundred, brought out a procession from in front of the bourse at around 12 noon, protesting the continuous fall in the share prices.
The DSE General Index, the benchmark index, shed 78 points or about 3 per cent to close at 2,520 Monday from 2,598 Sunday, which is a biggest single-day fall in over last two months.
Stockbrokers and stakeholders concerned have long been remained in the dark about the sluggish trend of the market.
However, they said a declaration of 50 per cent stock dividend by Dutch-Bangla Bank Sunday stimulated the sale pressure of the stock yesterday, causing about 17 per cent fall in the prices to Tk 2,914.75 per share at the close of the day's trading. The share price fell as low as Tk 2,801 from Sunday's closing price of Tk 3.507.50 per share.
The All Shares Price Index (DSI) dropped 67 points or about 3 per cent to close at 2,096 Monday from 2,160 Sunday while the DSE-20 of selective shares fell 48 points or over 2 per cent to close at 2,083 Monday from 2,132 points Sunday.
The demonstrators, numbering over a hundred, brought out a procession from in front of the bourse at around 12 noon, protesting the continuous fall in the share prices.
The DSE General Index, the benchmark index, shed 78 points or about 3 per cent to close at 2,520 Monday from 2,598 Sunday, which is a biggest single-day fall in over last two months.
Stockbrokers and stakeholders concerned have long been remained in the dark about the sluggish trend of the market.
However, they said a declaration of 50 per cent stock dividend by Dutch-Bangla Bank Sunday stimulated the sale pressure of the stock yesterday, causing about 17 per cent fall in the prices to Tk 2,914.75 per share at the close of the day's trading. The share price fell as low as Tk 2,801 from Sunday's closing price of Tk 3.507.50 per share.
The All Shares Price Index (DSI) dropped 67 points or about 3 per cent to close at 2,096 Monday from 2,160 Sunday while the DSE-20 of selective shares fell 48 points or over 2 per cent to close at 2,083 Monday from 2,132 points Sunday.