Dhaka Bangladesh Riot because of stock market

Watchman

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Riot because of stock market crash

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Since early December 2010, the stock market falling 27% in Bangladesh, local time on January 10 morning, about 5,000 investors marched along the main street, some demonstrators smashed cars parking on the roadside and shouted anti-government slogan.

Police tried to prevent the further spread of protests by using batons. However, near the Dhaka Stock Exchange, several busy downtown streets, the protests still continue. Some demonstrators smashed cars parking on the roadside, burned tires and shouted anti-government slogans. Bangladesh is one of the world’s poorest countries, but in recent years the rising stock of the country’s mobile communications enterprises attracted many investors. Many ordinary people in Bangladesh believed that the returns were much higher than the deposit. But in recent weeks, there’s hearsay that large institutional investors had withdrawn funds from the market after gaining huge profits, which led to the stock market crash.
 
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