Weekly market review: Stocks retreat on panic sell-offs

ফিনান্সিয়াল এক্সপ্রেস প্রকাশিত: ২৭ নভেম্বর ২০২১, ১০:০৯

Stocks suffered a massive drop in the outgoing week as investors dumped their holdings of major sector shares amid fears of further price erosion. The market bled throughout the week as panic gripped investors following the news that non-performing loans in the banking sector have swelled at a high rate. DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), plunged 239.73 points or 3.38 per cent to settle the week at 6,852, after gaining 185 points in the past two straight weeks. The prime bourse also saw the market capitalisation shed 2.67 per cent or Tk 150 billion during the week to reach Tk 5,460 billion on Thursday.

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