This incident occurred in the early hours of trading on Wednesday when index showed a downward movement for the last three consecutive days. For details of movement of index please click
The institutional investors are facing shortage of fund, while the lenders cannot provide share credit to the retail investors due to the central bank’s monetary tightening measures for curbing inflation.
Angry protesters set fire to tires, wood and paper in front of the Dhaka Stock Exchange (DSE) building, blocking roads from Shapla Chattar to Ittefaq crossing and vandalised seven vehicles including private cars.
The agitating investors also chanted slogans against top bosses of the premier bourse and market regulators, and demanded resignation of the central bank governor.
Police chased the demonstrators to free the streets. Chase and counter-chase between the police and investors continued for some time.
Police used water cannon, and also charged batons and lobbed at least three tear gas canisters to disperse the demonstrators, some of whom threw brickbats on the law enforcers.
After the police actions, protesters retreated and vehicular movement became normal at about 1:15pm.