Stock market falls, demand for chairman‍‍`s resignation

The Report Desk

Published: October 3, 2024, 03:33 PM

Stock market falls, demand for chairman‍‍`s resignation

প্রতীকী ছবি

Due to continuous drop in prices, ordinary investors of the capital market have started protesting on the streets. At that time, they demanded the resignation of Bangladesh Securities and Exchange Commission (BSEC) chairman Khandkar Rashed Maqsood.

On Thursday (October 3) morning, the investors formed a human chain in front of the Motijheel Dhaka Stock Exchange (DSE). Later they blocked the road in front of BSEC building in Agargaon.

Stock market transactions and index values ​​have been downward trending since the beginning of this week. In this situation, the investors started the movement. They allege that BSEC‍‍`s new chairman, Khandkar Rashid Maqsood, is not investor-friendly. During his one-and-a-half-month tenure, investors suffered losses due to consecutive wrong decisions.

Even though they wanted to talk to the commission chairman, no opportunity was given to them, the investors said, by giving benefits to the company, the common investors were suppressed.

The agitators have also complained that the government has not taken any effective decision on the capital market even though incentives have been given to save the bank accounts. They said that a task force has been made for the development of the banking sector; Assistance is being provided. But the government has no initiative for the capital market.

In this situation, not a banker or a professor, they are demanding the appointment of an investment-friendly chairman from the Ministry of Finance.

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