The share market has seen the highest price drop in three and a half years. On Sunday (October 27), the main price index of Dhaka Stock Exchange (DSE) DSEX lost 149.20 points to 4965.39 points. The index decline rate is 2.91 percent. Market analysis shows that this is the highest decline since April 4, 2021 or in the last three and a half years. On that day, the DSEX index of the Dhaka stock market lost 181 points or 3.44 percent and fell to 5089 points. However, this fall in the index in terms of points is the highest since March 7, 2022. On that day the index lost 182 points and fell to 6456 points. However, the rate of decline of the index on that day was 2.74 percent.
On Sunday (October 27), 394 shares and mutual funds of 397 companies listed in the Dhaka stock market were traded. Of these, 339 lost bids. 159 shares lost price from minimum 5 percent to maximum 16 and a half percent.
On this day, Chittagong Stock Exchange (CSE) also saw a huge price drop.
The loss of investors in the last two and a half months has exceeded thousands of crores of rupees. Several hundred investors protested in front of the old office of DSE at Motijheel in the capital this afternoon.
However, it has been said by the regulatory agency BSEC that this organization is trying hard to restore good governance in the stock market transactions.
Recently, the Ministry of Finance in a press release attributed the fall in prices to the massive irregularities and corruption of the previous government in the last 15 years and the listing of companies with weak fundamentals.
The ministry's notification also said that the share price was increased through constant manipulation. The fall was held back by various artificial measures including floor prices to prevent the fall in prices.
