Retail investors’ stakes in the share market of Bangladesh have nearly halved in the last 12 years as they are increasingly losing their appetite for stocks owing to a lacklustre market performance.
The ongoing decline of share values in the stock market of Bangladesh was expected as the removal of floor prices has allowed them to adjust to their real levels, according to market analysts.
Only two years ago, Bangladesh's stock market was termed 'hidden gem.'
The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), gained 15 points, or 0.23 per cent, to close at 6,366.
It hit Tk 1,198 crore, up from the previous day's Tk 976 crore
The indices of the Dhaka Stock Exchange (DSE) fell for the fifth consecutive day today.
Bangladesh’s stock market had a lackluster year in 2022 after posting double-digit returns for the previous two years. Dhaka Stock Exchange (DSEX), the broad market index of the country, fell 8.1 per cent in 2022, while daily average turnover fell by 35 per cent.