Dhaka Stock Exchange, DSE general index august 7 2011

Indonesia stock info - Dhaka Stock Exchange, DSE general index august 7 2011 ; The stock market is close to making a U-turn after two weeks of downturn, believes the Dhaka Stock Exchange (DSE) top boss.

The DSE general index shed 139.74 points or 2.22 percent to stand at 6,120.16 points on Sunday, while the Chittagong bourse also registered a fall.

DSE president Shakil Rizvi told bdnews24.com that the fall was the result of continuous rise for several weeks. "Now the prices are getting corrected, apart from the talks of cases doing its bit," he observed.

"The fall has reached a level when investors don't sell. Now it'll make a U-turn," Rizvi said.

Following a rise for 17 successive trading days after June 28, the DSE general index stood at 6,710.53 points. But during the next 10 days the index went slipping, except on Wednesday, when the premier bourse gained 196 points.

Small investors have been demonstrating against the fall and demanding resignation of finance minister A M A Muhith and the Bangladesh Bank governor.


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