Foreign investors sold Tk 175 crore more than they bought on the Dhaka Stock Exchange (DSE) in October.
They bought Tk 102 crore and sold Tk 277 crore during the month, according to data from Prime Bank Securities Ltd. Their sales were more than 3 percent of turnover.
Saiful Islam, president of the Dhaka Brokers Association (DBA), blamed the complex capital gains tax.
Md Moniruzzaman, managing director of Prime Bank Securities, pointed to downgrades and exchange rate issues.
Moody's changed its outlook from negative to stable last month.
