Throughout the year, the capital market in the dull capital market buying of good shares at a lower price continued than any time. Now, from the beginning of the New Year, investors' expect the country's capital markets will turn around. Investors will regain their lost capital. Brokerage houses will make up their losses. For that situation, the market's confidence and liquidity crisis have to be resolved, market leaders said.
Companies associated with the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) share trading will return to profitability. The capital markets regulatory body Bangladesh Securities and Exchange Commission (BSEC), including the Ministry of Finance, will feel comfort. New local and foreign investors will return to the market. At present, the share price of about 90 companies and mutual funds is below the face value.
Investor Abdur Razzak told barta24.com, "Now our expectations are the same. We all Investors will get back the lost capital. I live with my family and I do not like wage any movement or struggle again.
Shakil Rizvi, director of the DSE, said the rise and fall are the usual rules of capital markets. So there was long fallen, now it is the time to rise, hopefully, the capital market will be good. Brokerage will return to the houses. Investors will be benefited. The country's capital markets will be promoted international standard. Individual investors will be active, as well as institutional and foreign investors, who remained silent, will also be active. There will be IPO of good companies in the market. The market will expand. Vibrant market will contribute to the economy of the country.
Capital market analyst Professor Abu Ahmed said that before bringing the government and multi-national companies in the market it should be needed to manage the market properly. DSE and CSE and BSEC need to be more active. They must look that no irregularities are exempted.
On this day, there was fall of price for long 11 months. It has been seen that investors bought and sold shares worth Taka 1 lakh 13 thousand 821 crore 88 lakh. Which is Taka 19 thousand 769 crore 44 lakh less compared to the previous year. According to percentage it was 14.81 percent less. As the transaction fell the Investors' market capitalization has dropped to Taka 3 lakh 39 thousand crore from Taka 47 thousand 744 crore.
Former president of the DSE Brokers Association, Mostak Ahmed Sadek, said there was no money in the market now. The government should now, in simple terms, inject the fund. We wanted a fund of Taka 10 thousand crore. The finance minister has agreed. Bangladesh Bank has also agreed. We hope that the market will be good soon subject to receiving the agreed fund.