The indices at the Dhaka Stock Exchange (DSE) have witnessed a sharp fall following Bangladesh Bank’s punitive action against some banks for violating rules and regulations. The central bank recently fined seven banks for misreporting share investment and overexposure in the market. DSEX, the broad index of DSE, ended at 6,129 points, registering a 76.60-point or 1.23% fall on Monday. The banking sector was the worst loser as 27 out of 30 banks saw price correction. All the scrips in the sector, except Social Islami Bank, declined.

Source: Dhaka Tribune October 09, 2017 12:33 UTC