Bangladesh investors riot over stock market fall

[The Straight Story]

Bangladesh investors riot over stock market fall

Hundreds of angry investors have staged protests in the Bangladeshi capital, Dhaka, after the stock exchange saw its steepest ever fall in a day.

Reports said they threw bricks at police, marched in the streets shouting slogans, and staged a sit-down protest.

Shares in the stock exchange suffered large falls within hours of opening on Sunday as panicked investors went on a selling spree.

The index ended the day down by 552 points or 6.72%.

It has been on a rollercoaster ride in recent weeks, hitting a record high on 5 December, having climbed 80% since the start of the year.

But on 8 December it nosedived, prompting protests in Dhaka and towns elsewhere.

http://www.bbc.co.uk/news/world-south-asia-12033373?utm_source=twitterfeed&utm_medium=twitter

[xchrom]

1. anyone with economic insight to bangledesh? nt

[Speck Tater]

2. What goes up, must come down.

And people act like they've been betrayed when that simple law of nature asserts itself.