Stocks plunge over covid-19 fears

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Business Desk :
Equity indices of the stock exchanges nosedived during the early session today as the government imposed restrictions on the movement of people over fears of coronavirus infection spread in the country.
“Investors are fearful of the fast increase of Covid-19 infections, as they think it will have an adverse impact on the economy and earnings of the listed companies, said EBL Securities in its daily market commentary on Wednesday.
In the first one-and-a-half-hour on Thursday, DSEX, the key index of the Dhaka Stock Exchange (DSE) fell by 0.76% or 40.58 points to 5,237.

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