Investors to go on hunger strike protesting stock market slump | The Daily Star
06:23 PM, April 25, 2019 / LAST MODIFIED: 06:27 PM, April 25, 2019

Investors to go on hunger strike protesting stock market slump

A section of stock investors has announced to observe token hunger strike in protest of not taking initiatives to stop market slump.

In the last three months, the benchmark index of the Dhaka Stock Exchange (DSE), DSEX, plunged 710 points, while market value of the stocks reduced by Tk 32,297 crore.

In protest of the slump, the investors today demonstrated in front of the DSE building and they announced a token hunger strike programme for next Monday for five hours at the same place.

Arifur Rahman, one of the investors, said the market value of the shares is going down every day due to some reasons including liquidity crunch in the financial sector and lower capability of investment from the institutional investors.

The premier bourse has already found out some reasons and informed the stock market regulator in this regard, he said.

“However, Bangladesh Securities and Exchange Commission has not taken any initiatives yet to solve the problems,” Arifur added.

Meanwhile, the Dhaka stocks rose slightly today. The benchmark index of the premier bourse, DSEX, has gained 25.81points, or 0.49 per cent, finishing the day at 5,266.17 points.

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