24 May The requirement to transform the capital market
The fresh new stock , toward wide field list decreasing because of the around ten.4 per cent. It could be easy to blame globally monetary concerns, but latest account contained in this each day recommend that, if you find yourself avenues during the neighbouring nations enjoys a bit rebounded, Bangladesh stayed an enthusiastic outlier. Particularly, India's BSE Sensex otherwise Nifty five-hundred has actually increased for the same day. Which trend introduces important concerns.
Why has Bangladesh's stock market stayed depressed to own so long, despite the cost savings with an effective GDP in excess of USD 400 million, with sex continuously from the a genuine rates out-of half a dozen % or maybe more? Why does the fresh new domestic stock exchange will appear to be disconnected away from one another home-based in addition to in the world economic climates? Unfortuitously, the answer is actually weak laws and regulations. Poor laws and regulations has avoided highest-high quality enterprises out-of to get indexed, stunted the development out of organization dealers, and you can bred a toxic people from markets manipulation.
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Almost 70 ages because the its the beginning, a single day we come across a good Dhaka Stock market where buyers – local and you may overseas, shopping and you can organization – is actually event during the public remains challenging. Our very own previous history is actually tainted from the a couple calamitous .