Share Market phantom !! Tom and Jerry !!

It is really irritating that share market is coming to hot news as fall down !! Last one year it is happening .
From my curiosity i was started finding the fact !! fact is nothing the ultimate greed factor of illiterate /greedy investor and The gambler !!

Hundreds of small investors took to the streets in the Bangladeshi capital Monday to protest a steep fall at the Dhaka Stock Exchange.

The Dhaka Stock Exchange’s benchmark index fell 124 points hours after the session opened at 6,017.96 on Monday, sparking protests by investors who squatted on the streets and blocked traffic in Dhaka’s central commercial district where the trading house is located.

Authorities deployed riot police, but no clashes were reported.

The benchmark index in the country’s main bourse has steadily dropped since it opened for trading after a long vacation on Sept. 4.

“I’m losing money every day,” said investor Tiklu Kanti Das. “I come here each morning hoping the market will rebound. But it keeps falling and the government is doing nothing.”

Investors chanted slogans to demand that Finance Minister AMA Muhith step down for his alleged failure to stabilize the market.
Shakil Rizvi, president of Dhaka Stock Exchange, said the DSE is holding meetings with brokerage houses and government officials to discuss how to inject more more funds into the market. Many banks and financial institutions withdrew from the market after the central bank put limits on their stock market investments.

Share trading in Bangladesh has seen dramatic swings in recent months.

In 2010 the benchmark index rose 80 percent, but has fallen steeply several times over the last few months.

Bangladesh’s economy has grown by nearly 6 percent in each of the last few years. Per capita income in the nation of 150 million people crossed the $700 mark last year.

While its economy is growing, Bangladesh remains deeply impoverished and officials have said novice investors may not understand the nature of shares or how to evaluate quality.

Experts say the number of shares has not increased in accordance with the number of investors

Leave a Reply