DSE suffers biggest drop in about 3yrs

Published : Sunday, 4 February, 2018 at 3:46 PM Count : 98

Dhaka stocks fell for the fourth day dropping 2.21 percent on Sunday, the steepest decline in about three years as investors dumped shares.

 

The 2.21 percent fall was the sharpest single-day drop in stocks since April 26, 2015.


The Dhaka Stock Exchange’s broad index (DSEX) fell 133 points to 5,888 points at the close of trading on Sunday.

 

The most recent fall on this scale came on April 26, 2015, when stocks fell 2.26 percent to 4,094 points.

 

The DSEX index was launched on January 27, 2013 and reached 4,055.90 points at the end of trading that day. The highest drop off occurred on July 21 of that year, when stocks fell 3.16 percent to 4,090 points.



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