Monday, October 31, 2011

Investors' forum threatens public rally


Dhaka, Oct 31 — Bangladesh Capital Market Investors Unity Council has demanded making bank investment compulsory in a bid to stabilise the stock market.

On Monday, they also threatened to organise a public rally on Dec 7 if the move was not taken and their other demands not met within Dec 6.

The retail investors, angry over the continuing slump in the market, briefed journalists at an office in Motijheel on Monday.

In the one-hour briefing, the investors demanded steps from the government forcing the banks to invest up to their limits.

They also demanded that the bank's declaration to invest in the market be implemented from Tuesday.

They also urged the government to force merchant banks, financial organisations and insurance companies to maximise their investment to the limit allowed under the conditions in place.

The small investors also called for making compulsory investment of 80 percent of Mutual Funds in the market.
From:bdnews24.com

No comments:

Post a Comment