DSE indices, turnover fall further

FE Report Dhaka stocks closed lower Monday amid high volatility with significant fall in turnover, in value terms, as panic gripped the investors following the current jittery market trend. Meanwhile, a section of aggrieved investors staged demonstration and formed a human chain in front of the Dhaka Stock Exchange (DSE) for the second consecutive day in protest against free fall of share prices. At about 2pm, a group of investors under the banner of 'Bangladesh Share Market Investors' Unity Council' staged demonstration and formed a human chain in front of the DSE main building. The members of the organisation chanted slogans against Finance Minister AMA Muhith, Bangladesh Bank Governor Dr Atiur Rahman and President of the DSE Shakil Rizvi and demanded resignation of the three bigwigs for their alleged failure in bringing back normalcy in the capital market. They also sought immediate intervention of Prime Minister Sheikh Hasina to bring back normalcy and stablise the market. AKM Mizan-Ur-Rashid Chowdhury, president of the organisation, said they have already submitted several proposals to the Securities and Exchange Commission (SEC). If their proposals are properly implemented, the market would be stable. Continued to page 20