Turnover hits 5-month low as energy crisis rattles market
Bangladesh, Aug. 25 -- Turnover-a key indicator of market participation-plunged 15 per cent from the previous session to Tk 6.02 billion, the lowest since April 7 this year, signalling weak investor participation.
Along with the sharp fall in turnover, the benchmark index of the prime bourse dropped to a two-month low, closing at 5,643 after losing nearly 79 points, or 1.37 per cent, as broad-based selling pressure gripped investor sentiment.
From the outset, the index remained on a downward trajectory as sector-wise sell-offs swept across the trading floor, reflecting widespread risk aversion among investors.
The persistent energy crisis continued to weigh heavily on sentiment, with factory shutdowns, production disruptions and growi...
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