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Procurement

Stocks start week with massive fall

The Bangladesh stock market index started the week with a massive fall today as investors went for a selling spree.

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), nosedived 82 points, or 1.19 per cent, to 6,786.39 until 12.33 pm.

At the DSE, 87 stocks advanced, 255 fell and 34 remained unchanged.

The panicked investors are getting rid of the shares because of the rising tension over the policy disputes between Bangladesh Bank and Bangladesh Securities and Exchange Commission, according to market analysts.

The Chittagong Stock Exchange also dropped today.

The CASPI, the main index of the port city bourse, fell 300 points, or 1.49 per cent, to 19,774 until the submission of the report.

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