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Small investors have begun demonstrating because of continuous slump in share prices, halting traffic on both sides of the street in front of the Dhaka Stock Exchange (DSE).
The DSE general index fell by 46.24 points in the first hour of trading on Monday.
At 12:10pm on Monday, the DSE general index stood at 5754.18 points. Shares amounting Tk 1.049 billion were traded until then.
Of the total 230 issues traded, prices of 52 increased, 161 fell and 17 remained unchanged.
The investors took to the streets around 11.30am on Monday. They burnt tyres and blocked traffic at both sides of the road in front of the DSE.
Sunday also saw raging demonstrations by small investors.
In the 10 trading days since it re-opened after the Eid-ul-Fitr holidays, the DSE has suffered fall in the key index in seven days.
The SEC held several meetings with the stakeholders since the latest downtrend had begun.
Merchant banks have been assured that they would get more time to adjust single-party exposure as Bangladesh Bank has moved to stabilise the sagging capital market.
SEC on Thursday suspended sectoral and individual investment ceiling for mutual funds until Dec 31, 2011 in order to resolve liquidity crisis in the market.
According to existing rules, a mutual fund cannot invest more than 10 percent of its fund in a single company and not more than 25 percent in a single sector.
The stock market regulator on Saturday formally announced its decision to keep face value for each share at Tk 10 effective from Dec 4.
But the steps have apparently failed to restore confidence in the market.
The DSE general index fell by 46.24 points in the first hour of trading on Monday.
At 12:10pm on Monday, the DSE general index stood at 5754.18 points. Shares amounting Tk 1.049 billion were traded until then.
Of the total 230 issues traded, prices of 52 increased, 161 fell and 17 remained unchanged.
The investors took to the streets around 11.30am on Monday. They burnt tyres and blocked traffic at both sides of the road in front of the DSE.
Sunday also saw raging demonstrations by small investors.
In the 10 trading days since it re-opened after the Eid-ul-Fitr holidays, the DSE has suffered fall in the key index in seven days.
The SEC held several meetings with the stakeholders since the latest downtrend had begun.
Merchant banks have been assured that they would get more time to adjust single-party exposure as Bangladesh Bank has moved to stabilise the sagging capital market.
SEC on Thursday suspended sectoral and individual investment ceiling for mutual funds until Dec 31, 2011 in order to resolve liquidity crisis in the market.
According to existing rules, a mutual fund cannot invest more than 10 percent of its fund in a single company and not more than 25 percent in a single sector.
The stock market regulator on Saturday formally announced its decision to keep face value for each share at Tk 10 effective from Dec 4.
But the steps have apparently failed to restore confidence in the market.
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