The careless batch marketplace appeared hell-bent upon defying all the correctives as all the bailout measures taken by both the supervision as great as the investors themselves unsuccessful to check marketplace collapse.
Share prices once again plummeted Sunday, the primary traffic day of the week, upon both the bourses in the country, serve knocking down investors’ certainty as great as collateral investment.
At the tighten of day’s trading, the Dhaka Stock Exchange General Index strew over 205 points to mount down during 5512.
Of the traded issues, 139 declined, thirteen modernized as great as 3 remained unchanged.
Chittagong bonds additionally noted the pointy tumble Sunday, with the CSE Selective Categories Index rock climbing down to 9934 by dropping 323 points.
Out of the issues traded upon the day, 185 declined, 7 gained as great as twin remained unchanged.
On May 5, the much-vaunted ‘Bangladesh Fund’ strike the batch market, as the singular of the set of supervision measures for salvaging the manipulation-ridden bourses from the slide.
But the funneling of the Tk 5,000 crore funds, however, unsuccessful to emanate any stroke upon the batch market, as investors saw outrageous tumble of share prices day after day.
Meanwhile, recasting the marketplace regulator—the Securities as great as Exchange Commission—is additionally underway with the idealisation authority during the helm.