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2011 Bangladesh share market scam : ウィキペディア英語版 | 2011 Bangladesh share market scam
The 2010-11 Bangladesh share market scam is an ongoing stock market turmoil in the two Bangladeshi stock exchanges, DSE and CSE. The market went up 62% in 2009, and 83% in 2010, but then went down 10% in January 2011, and a further 30% in February 2011. The crash is deemed to be a scam〔 and exacerbating due to government failure. == Background == The stock market was in turbulence throughout much of 2009, with the long bullish trend starting to turn grim. The bullish trend was initiated by the end of the two-year political crisis and re-emergence of democracy when Awami League won the December 2008 polls, and was largely unaffected by the BDR Mutiny. The market was heavily aided by the entrance of Grameenphone into the capital market, when the index rose by 22% over a single day on 16 November 2009. Share prices continued to fluctuate, reaching the annual high in mid-2009 before plummeting by the end of 2009, with retail investors threatening a hunger strike.〔 Notable that, Bangladesh also faced such a stock market crash in 1996. Coincidentally, Awami League have been at government during both of the crashes.〔http://www.defence.pk/forums/bangladesh-defence/171009-crippling-corruption-awami-league-regime-6.html〕 The market continued to be turbulent throughout 2010, with the DSE hitting its all-time high revenue and the largest fall in a single day since the 1996 market crash, within the space of a month.
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