Stocks slip back into the red
Stocks returned to the red yesterday with key indices slipping below the 4,500-point mark, the lowest since the market instability set in December 2010.
The benchmark General Index of Dhaka Stock Exchange closed at 4,486.98 points, after falling 77.90 points or 1.90 percent.
Investors adopted a wait-and-see policy ahead of Bangladesh Bank's monetary policy, said market analysts.
Investors expected a stockmarket-friendly monetary policy as the market has been suffering a sever liquidity crisis, analysts said.
Bangladesh Bank will follow a tight monetary policy in the second half of the current fiscal year as BB set a target to bring private-sector credit growth to 16 percent by June.
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