Cancel last 3 days’ trading: Investors
Reported by: UNBconnect
Reported on: Nov 15, 2011 08:42 pm
Reported in: Business
Dhaka, Nov 15 (UNB) - Leaders of Bangladesh Capital Market Investors Unity Council on Tuesday demanded cancellation of last three days’ trading (Sunday-Tuesday) and restart it with the index of November 3.
They made the demand at a rally in front of Bangladesh Bank Bhaban, which was arranged in protest against the free fall of share prices during the last three days.
“We demand the cancellation of the last three days’ trading. The trading is not acceptable,” council’s International Affairs secretary Ataullah Nayeem told UNB after the rally at about 5:30pm.
He said they want to see what decision comes from the meeting with Prime Minister Sheikh Hasina scheduled for Wednesday evening.
Prime Minister Sheikh Hasina will hold the meeting with Finance Minister AMA Muhith, Bangladesh Bank governor Dr Atiur Rahman, high officials of the Securities and Exchange Commission (SEC) and other stakeholders of the share market to discuss the present condition of the share market.
The premier bourse of the country, DSE, lost over 530 points during the first three trading days of the week, putting the general index at 4649.32 points today.
The DSE general index DGEN lost 228.20 points or 4.67 percent to close at 4649.32735 at the end of the day.
The similar trend was also there at Chittagong Stock Exchange (CSE) with most stocks turning red at the end. The CSE Selective Categories Index, CSCX, lost 361.9581 points today.