The domestic stock market took a dive yesterday, the first trading session since Finance Minister AHM Mustafa Kamal proposed the national budget for the fiscal year of 2022-23 in parliament on Thursday.
The stock market index fell today although the proposed budget for 2022-23 fiscal year recommended cutting corporate tax by 2.5 percentage points for listed companies except bank, insurance, telecom, tobacco and non-banks.
Stock index and turnover rebound today as the investors hope the proposed national budget for 2022-23 to be announced tomorrow will have something positive for the market.