Dhaka street clashes restart as Bangladesh shares dive again

Dhaka street clashes restart as Bangladesh shares dive again

Dhaka stock exchange price index falls day by day. The SEC takes various necessary actions. But every moment they failure to stop fall down of price index. Investor is losing there investing money.

In this connection a group of angry share investor and frustrated investors attacked a poor rickshaw puller near the Dhaka Stock Exchange on Wednesday. They kicked and slapped the poor old man, broke a wheel and the handle of his rickshaw.

 Some of the investors came forward to save the old man and he managed to escape the furious mob. The rickshaw puller was so stunted that he looked at this reporter with a blank eye when reporters asked for his name. He was mum and appeared to be in the wrong place at a very wrong time.

Since 5 December 2010 to this date, the general price index at the DSE slipped by over 2005 points, which is over 21 percent less than the previous record.
Over the all year market, market capitalization slipped by over 25 percent and turnover hit the lowest mark, at Tk. 4 billion, just five weeks after it touched all time high at Tk 31.49 billion. 

The struggled to keep the angry investors calm, the Securities and Exchange Commission changed all its earlier decisions aimed at controlling liquidity flow to the capital market.

Since 8 December 2010, the SEC increased margin loan ratio three times, lifted some heavy weight shares from the spot market and increased free limit of member's margin to Tk 150 million from Tk 50 million.

Mukul Ahmed, one of the protesters, said he had lost $3,000 (£1,932) in the market over the last three weeks. All the moves proved futile to boost the market.