Part of the evil investors went on the road at Motijheel in the city again Sunday as the Dhaka stock exchange (DSE) was still a more massive securities fall despite announcement via the stock exchange rejuvenation package by the regulator.
The Securities and Exchange Commission (SEC) has introduced package Wednesday rejuvenate the stock market.
"But all positive steps to rejuvenate the capital market, to leave positive impact on the market." Rather the decreasing tendency has many investors, disappointed, "Said broker."
At the end of four-hour trading plunged the DSE general index to close 308.12 points or 5.73 per cent (DGEN) on the day on 5,065.17, while TK the value of turnover amounted 4.51 billion.
The winner, traded from 254 issues, only seven advanced and 247 rejected beats up the losers.
The frustrated investors came from various brokerage firms and at the main gate of the DSU about 14: 00, when the DGEN by more than 200 points fell, collected.
They chanted slogans against the DSE President, the Bangladesh Bank Governor and the Minister of finance for their failure to stability in the market to bring back.
The heads of State and Government of Bangladesh parts investors Unity Council (BSIUC) one demonstration held and brought a procession to protest against the share price reduction.
You threatened also to a large rally on 7 December at the DSE organize, when the Government not to back normalcy in the stock market within 72 hours.
The investors claimed that some large operators and players may be a role behind the falls of share prices and the Government urged, without delay effective measures.
Also called the SEC to investigate whether price reduction involved evil player of the unusual share and save the capital market from the clutches of the vested quarters.
BSIUC President AKM Mizan-ur-Rashid Chowdhury said: "If the Government a 21-point stock market rejuvenation package Stablise the market announced, try a group of vested quarter to make the market volatile and to buy shares at a lower price."
Later, she brought a procession which marched out of the Office of DSE, Shapla place.
Vehicle movement from the Shapla square, Ittefaq crossing was sealed off but normal, such as additional police officers the whole area and brought the situation under control without any unwanted incident.
Yawar Sayeed, managing director and CEO of the objectives of Bangladesh, an asset management company, said the vu, "If the Government some positive has taken, the small investors not patience steps."
Mr Sayeed said "The small investors rational behavior should when the Government took over all positive steps for the Stablise the market".
"The measures taken by the Government will take some time to come into force;" It is a reality. But our investors do not respect, patience and panicked the are is very unfortunate, "commented Mr Sayeed."
AB Mirza Azizul Islam, former Minister of finance adviser to the interim Government, the VU said: "there is no valid reason for market fall as the Government a series of positive measures took the market to Stablise."
Investors should rationally and make their investment in fundamentally strong stocks, Mr. Islam, as a former Chairman of the Board who said SEC.
Institutional investors have been almost inactive before the serving their accounts in the financial statements, which was also a cause of the market fall, he said.
However, he said, can go to the banks for new investments in January and February.
"Easing the different rules in the bailout apparently is greater participation of banks in the market not yet the plunge with the commercial value see TK 5.0 billion, bear", a stockbroker said.
On the contrary, a combination of aggressive profit-taking and tendency of traders in the safe zone in the midst of uncertainty surrounding the country's macroeconomic condition led to to remain massive fall, he added.
Source: thedailystar.net
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