Publish: 12:54, 28 Oct, 2024

Stock investors protest at DSE amid ongoing market decline

Online Desk
Stock investors protest at DSE amid ongoing market decline
Photo - Collected

Stock market investors have created a human chain in front of the Dhaka Stock Exchange (DSE) Building in Motijheel protesting against the ongoing decline.

The protesters demand a stable market, started their human chain around 11am on Monday morning under the banner of Bangladesh Pujibadi Oikya Parishad, reports The Business Standard.

"I'm turning into a beggar by investing in the capital market. The big investors are now sitting back with their hands folded. No one is taking any initiative, including the commission," said Mehedi Hasan, an investor. 

"Under the guise of reforming the capital market, investors have been impoverished," he added.

Addressing the commission's chairman, he said, "You have been given the responsibility of a regulator. Because of you, small investors are suffering losses.

"You allowed Mr Nadik from the Ministry of Finance to escape. You have made him a director at DSE. Why are you not taking action against him?" Mehedi asked the commission's chairman.

Mehedi said many investors have been forced to sell their shares due to the downward trend in the market.

"These shares need to be returned. Forced selling must be stopped," he added. 

DSEX, the benchmark indexes of the DSE, dropped by 149 points on 27 October and closed at 4,965 — a level not seen in nearly four years. 

As of filing this report at 11:45am, DSEX stands at 4,959 points, a 0.12% fall from yesterday's closing.

Bd-pratidin English/ Afia

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