The New Nation - Internet Edition

The Dhaka Stock Exchange (DSE) yesterday urged the investors not to be panicked over the fall of share prices.

"The world share markets has bounced back and is regaining position. Bangladesh's share markets will gain their position, too. There is nothing to be panicked," Chief Operating Officer of Dhaka Stock Exchange (DSE) Salahuddin Ahmed Khan told newsmen addressing an emergency press conference at his office.

He advised the investors not to sell shares on rumour.

Earlier, in the noon some small investors staged agitation in front of the DSE following continuous fall of share prices.

Khan said foreigners had taken the Bangladesh stock markets as second market for investment. Some merchant banks and one foreign bank have bought huge shares Monday, he said.

He informed newsmen that 60 companies have declared dividend Monday of which 26 increased the rate, nine reduced and 25 kept similar to last year. The economic data of last three months is positive, he informed.

The DSE CEO advised the merchant banks to invest in their own portfolio.

Replying to a question Khan said holding of election will obviously help market to regain its position.

The DSE General Index (DGEN), shed by 51 points or 1.89 per cent and closed at 2633 points yesterday. The All Share Price Index (DSI) also fall by 43 points or 1.91 per cent and closed at 2185 points.