Virus grips the bourse

DSEX, the benchmark index of the Dhaka stock Exchange, lost 255 points last week, which is the second biggest single week plunge in the index's seven-year history. Investors, frightened by the blistering pace at which coronavirus is spreading around the globe, dumped shares to escape further losses, like their global counterparts. Besides, the macroeconomic indicators including the falling credit and deposit growth in the private sector and the declining export earnings also led the shaky investors to liquidate their holdings.