Violent Riots Outside Of Dhaka Stock Exchange After Market Plunges 9.25% In One Hour
Bangladesh also had a monster year, with stocks gaining 80%, but already that's reversing violently.
The BBC reports that there were violent riots out of th Dhaka Stock Exchange, after shares fell over 9% in one hour, representing the biggest fall in the exchange's 55-year history.
Shares speculation has evidently become popular among the public, and apparently selling from one big institutional investors has accelerated dumping that began in earnest in December.
Meanwhile, it was another brutal market for Indian stocks, with Bombay tanking again on Monday.
Read more: http://www.businessinsider.com/bangladesh-market-crash-2011-1#ixzz1AdrwcFTJ
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