Economic Reporter :
Stock market saw further decline in trade to open week on Sunday as investors were not active in the buying side ahead of a new monetary policy statement (MPS) of the central bank.
Bangladesh Bank (BB) is set to announce the MPS for the first half of the current 2016-17 financial year (FY17) on Tuesday, July 26 at 11am at the central bank headquarters in the city.
Investors are now awaiting the policy directive of the BB, which will have notable impact on the capital market. Due to the vigilance mood of the investors, bourses saw slack demand that resulted in fall in the daily trade volume and the value. The trade value at Dhaka Stock Exchange (DSE) fell by nearly 17.0 percent to Taka 388.84 crore on the first day of the week when the volume declined by 32.21 percent to 7.72 crore shares.
Stock market also finished week Thursday flat on lower demand when investors were largely selling mood for profit-booking from offloading the shares they booked earlier at cheaper prices.
Stock market saw further decline in trade to open week on Sunday as investors were not active in the buying side ahead of a new monetary policy statement (MPS) of the central bank.
Bangladesh Bank (BB) is set to announce the MPS for the first half of the current 2016-17 financial year (FY17) on Tuesday, July 26 at 11am at the central bank headquarters in the city.
Investors are now awaiting the policy directive of the BB, which will have notable impact on the capital market. Due to the vigilance mood of the investors, bourses saw slack demand that resulted in fall in the daily trade volume and the value. The trade value at Dhaka Stock Exchange (DSE) fell by nearly 17.0 percent to Taka 388.84 crore on the first day of the week when the volume declined by 32.21 percent to 7.72 crore shares.
Stock market also finished week Thursday flat on lower demand when investors were largely selling mood for profit-booking from offloading the shares they booked earlier at cheaper prices.
