The share price of the three companies in the floor price will not be allowed to decrease
The DSEX dipped 67.3 points or 1.33 percent to close at 4,966, its lowest since December 22, 2016 when it was 4,966.
The steep fall prompted the securities regulator to form a panel on Sunday to identify the reasons behind the market route.
“The continuous fall has triggered a panic sell-off.”
Two other indices also declined sharply. The DS30 index, comprising blue chips, lost 23.26 points to finish at 1,776 and the DSE Shariah Index shed 18.33 points to close at 1,139.
The losers took a strong lead over the gainers as 277 issues closed lower, 60 gained and 16 issues remained unchanged out of the 353 issues that traded on the DSE.