[3] 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,[4] and was largely unaffected by the BDR Mutiny.
[6] Share prices continued to fluctuate, reaching the annual high in mid-2009[7] before plummeting by the end of 2009,[8] with retail investors threatening a hunger strike.
[12][13] The central bank had taken measures to cool the market down and control inflation by putting a leash on the liquidity.
[15] Within December 2010 and January 2011, the DGEN index fell from 8,500 by 1,800 points, a total 21% fall,[16] with masterminds of the crash making about BDT 50 billion ($ 667 million) out of the scam.
[18] Protesters stayed overnight by the DSE office starting 16 October[18][24] and were dispersed on day two by the baton-charging police.
[24] Protesters also demanded complete trade suspension at the DSE until the Prime Minister intervened to fix the market.
[25] Finance Minister Muhith faced staunch criticism for the handling of the market crash;[26][27] he admitted his failure in attending the debacle.
[2] The committee found various irregularities, including the existence of omnibus accounts, that allowed some market players to make exorbitant profits at the expense of the retail investors.
[31] Among the 60 identified primarily included chairman of Beximco and the mastermind of the 1996 market crash Salman F Rahman, former DSE president Rakibur Rahman, SEC chairman Ziaul Khandaker, SEC member Mansur Alam and BNP politician Mosaddek Ali Falu.
[31] The report ended with recommendations to reform the SEC drastically[16] and asked the government to publish the names of the influential players and to remain cognizant in countering their influences.