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Market summery 24-08-11

August 24, 2011

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BMBA Press Briefing

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Finance Investment in capital market

Restructure SEC Prothom Alo roundtable spotlights troubled stockmarket

The issue of restructuring the Securities and Exchange Commission (SEC) once again came to the forefront at a roundtable in Dhaka yesterday on the back of its failure to regulate the stockmarket. Unless the SEC is reformed with honest and capable people, the stockmarket would never be regulated properly and would face a stringent disaster in future, said the discussants who also urged the government to make the share market probe report public officially. One of the discussants sought closure of the stockmarket until and unless the problems are sorted out and resolved. They spoke at a roundtable on “Share market: what after the probe report?” organised by Bangla-language newspaper Prothom Alo. Abdul Kaium, joint editor of Prothom Alo, and Shawkat Hossain, joint news editor, moderated the roundtable, while Prothom Alo Editor Matiur Rahman delivered the opening remarks. Faruq Ahmad Siddiqi, a former chairman of the SEC, said the commission, meaning its chairman and members, s...

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Red Hulk

Market summery 24-08-11

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