Angry Bangladeshi investors clash with police as stocks plunge

Hundreds of angry investors in Bangladesh clashed with the police and disrupted traffic outside the stock exchange in the capital today, amid a new plunge in share prices.
   
Angry investors took to the street as prices of shares plunged on the first day of trading for the new week, amid a 7.27% decrease on the general index of Dhaka Stock Exchange (DSE), the Star online said today.
   
They set fire to tyres, pelted the police with bricks as security forces were deployed to keep the movement of traffic normal, which was disrupted for hours by investors frustrated by steep fall in share prices.
   
The benchmark general index of DSE, DGEN Index, recorded a 474-point decline at the close of the day’s trading, the report said.
   
The stock market earlier suffered the biggest fall on January 10 as the DEGN Index nosedived by 660 points, it said.
   
Earlier, Prime Minister Sheikh Hasina had asked the country's stock market regulators to to take immediate steps to stabilise markets that has about 3.3 million people, mostly small-time investors.