Investors optimistic on market revive for BB’s liquidity support

Staff Reporter :
The Bangladesh Bank (BB) has increased liquidity support for commercial banks to meet the CRR and SLR facilities of the banks. As a result, investors of the capital markets sees hope that the market may stable immediately for the announcement of the central bank’s liquidity support, said insiders.
On February 11, DSEX, the main index of country’s stock market Dhaka Stock Exchange (DSE) was 6447 points. Since then the index has been decrease consecutively which is continued till on Tuesday. On the day, the DSE index fall to 6256 points after seven working days of continuous decline. The index dropped by 191 points in these 7 days, according to the DSE sources.
But on Tuesday, the third working day of the week, trading started with a bullish trend. At 11:30 a.m the index was more than 37 points lower after starting the trading. Then the investors sees continues decline like before. At a stage, the DSE index fall by 8 points at the end of trading at 1.30 pm.