Dhaka stocks have seen a steep fall, biggest single day drop in the last four-and-a-half years, as investors’ confidence continues to erode prompting them to go on a selling spree. In the last four trading sessions, after the announcement of the monetary policy, DSEX has seen a 4.66% or 288 points fall. “Stock prices saw the steepest fall as investors went on panic sell-off, frightened by the relentless fall. They demanded calculation of banks’ stock market exposure based on cost prices instead of market prices. “It is better to sell stocks than taking the risk of political uncertainty,” Mohammad Asraful Alam, a stock investor told the Dhaka Tribune.

Source: Dhaka Tribune February 04, 2018 19:18 UTC