BD Stock Market :
So every time BD share market crashes, investors start protesting and rioting. And government purges the old index and introduces a new one for measuring whatever it perceives as *true* performance. And they also ban the old one. No one can publish the old index, freedom of speech be damned.
This cycle repeated, may be 4 times since when I had been monitoring share market since early 90s. Thus we get a new index every decade.
The last one was called DS30, copied mimicking DOW from NYSE. And this one was the *real* index that the gov emphasized on. The cream of the companies. "Invest on this one and you will be safe" said the gov. Don't waste money on rotten shares and then cry when you lose your investment.
So far, so good. Right?
This index started from 2013. And on its starting date it was 1460.
Today share price has taken another 2% dip.
And that index stands *bellow* its introductory number.
Now at : 1387 :-)
- Comments:
- btw: I don't invest in share market. Just follow it for the game value and the puzzle.
- Here it explains it.