FT Online

Published:
2019-09-16 13:55:53 BdST

Kamal sits with stock market stakeholders today


Finance Minister AHM Mustafa Kamal sits with stakeholders today (Monday) to exchange views on the 'development' of the capital market.

Top officials from Bank and Financial Institutions Division, Bangladesh Bank, National Board of Revenue, Bangladesh Securities and Exchange Commission, Investment Corporation of Bangladesh, two stock exchanges and the associations of stockbrokers and merchant banks will attend the meeting.

The meeting will take place at National Economic Council (NEC) Bhaban in the city's Agargaon area.

"Issues of the capital market and its development will come up at the meeting for discussion," said Mohammad Saifur Rahman, an executive director of BSEC.

The drastic fall in share prices has prompted the finance minister to sit with the stakeholders.

DSEX, the broad index of the Dhaka Stock Exchange (DSE), lost 303 points in last three weeks. The DSEX also went down below 5000-point mark and settled at 4,933 points on September 11.

The market capitalisation lost Tk 194 billion during the period following price correction of the listed securities.

Earlier, the finance minister sat with the securities regulator on April 21 as the broad index of the DSE lost over 600 points within three months.

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