Economic Reporter :
Bangladesh Securities and Exchange Commission (BSEC) Chairman Prof Shibli Rubayat Ul Islam on Thursday expressed his firm optimism to get a sustainable capital market within the next six months, saying that no vested quarter would be allowed to play any game anymore with the share market.
“We’ll give security to the investment of small investors. We hope that we’ll get a sustainable capital market within the next six months,” he said.
The BSEC chairman said this while addressing a seminar titled “The role of capital market to keep dynamic the economy during this COVID-19 pandemic” held at the BSEC Auditorium in the city’s Agargaon area.
The seminar was organized marking the inauguration of the online version of daily Banijjo Pratidin.
Chaired by its Editor AKM Rashed Shahriar, BSEC Commissioners Dr Sheikh Shamsuddin Ahmed, Prof Dr Md Mizanur Rahman, BD Finance Chairman and Anwar Group Managing Director Monowar Hossain, Bangladesh Merchant Bankers Association (BMBA) President M Sayedur Rahman, Capital Market Journalist Forum (CMJF) President Hasan Imam Rubel spoke, among others, at the seminar. BSEC executive director M Rezaul Karim presented the key-note speech.
The BSEC chairman said the market witnesses ups and downs based on demand and supply, adding, “We’re keeping attention so that any vested quarter could not come in the market and thus make the small investors empty-handed. So, we hope that we’ll get a sustainable capital market within the next six months,”.
He said that they have remained alert so that the associate organizations like the Investment Corporation of Bangladesh (ICB) could play their due role, adding that it is now just a matter of time to get a stable and sustainable capital market.
Shibli said it would not take much time to get a sustainable capital market, adding, “I hope you’ll start feeling within three to six months that big players want to play here. But, they won’t be able to repeat it again. We’ll give security to the investors.”
He said the capital market watchdog would invite more IPOs (initial public offerings) through which the big businesses would be able to manage long-term financing, which would eventually benefit the IPO winners of the primary market.
Bangladesh Securities and Exchange Commission (BSEC) Chairman Prof Shibli Rubayat Ul Islam on Thursday expressed his firm optimism to get a sustainable capital market within the next six months, saying that no vested quarter would be allowed to play any game anymore with the share market.
“We’ll give security to the investment of small investors. We hope that we’ll get a sustainable capital market within the next six months,” he said.
The BSEC chairman said this while addressing a seminar titled “The role of capital market to keep dynamic the economy during this COVID-19 pandemic” held at the BSEC Auditorium in the city’s Agargaon area.
The seminar was organized marking the inauguration of the online version of daily Banijjo Pratidin.
Chaired by its Editor AKM Rashed Shahriar, BSEC Commissioners Dr Sheikh Shamsuddin Ahmed, Prof Dr Md Mizanur Rahman, BD Finance Chairman and Anwar Group Managing Director Monowar Hossain, Bangladesh Merchant Bankers Association (BMBA) President M Sayedur Rahman, Capital Market Journalist Forum (CMJF) President Hasan Imam Rubel spoke, among others, at the seminar. BSEC executive director M Rezaul Karim presented the key-note speech.
The BSEC chairman said the market witnesses ups and downs based on demand and supply, adding, “We’re keeping attention so that any vested quarter could not come in the market and thus make the small investors empty-handed. So, we hope that we’ll get a sustainable capital market within the next six months,”.
He said that they have remained alert so that the associate organizations like the Investment Corporation of Bangladesh (ICB) could play their due role, adding that it is now just a matter of time to get a stable and sustainable capital market.
Shibli said it would not take much time to get a sustainable capital market, adding, “I hope you’ll start feeling within three to six months that big players want to play here. But, they won’t be able to repeat it again. We’ll give security to the investors.”
He said the capital market watchdog would invite more IPOs (initial public offerings) through which the big businesses would be able to manage long-term financing, which would eventually benefit the IPO winners of the primary market.
