Major collapse in the capital market, the index is the lowest in 4 and a half years

Very quietly, a big collapse hit the country’s capital market. Investors are now disoriented as most of the companies have lost their capital due to the fall in the share price of the index. So the crisis of confidence in the capital market has now taken a terrible form. Experts believe that the country’s overall economy, especially the banking and non-bank financial sector, has been negatively affected by the capital market.

In the brokerage houses where shares of listed companies are traded, the picture is quite different. There is not much anagona of investors here, so traders are not busy. There is only anger and remorse on the faces of those who are transacting.

“No one is good,” one investor told NTV. Everyone’s condition is bad. I have brought the rest of the money, it’s all over. Yesterday I brought money from my wife, now when I go home she will ask what the situation is. We do not have the power to answer that question. We have become absolutely destitute. ‘

The Dhaka Stock Exchange (DSEX) index stood at 4,123 points on Monday, the lowest in four and a half years. And in the last one year, the market capital has decreased by about one lakh crore rupees. In such a situation, investors are selling shares in a hurry, fearing that the price will fall further.

A large part of the country’s capital market is occupied by the banking sector. And these banks are also big institutional investors. The announcement that single-digit interest rates will have to be implemented in banks from next April has made investors even more worried about the already struggling banking sector.

Analysts say the capital market has to pay for ongoing financial instability due to a lack of good governance, mountainous defaulters and various irregularities.

Capital market expert Farooq Ahmed Siddiq

Related Posts

Everything You Need To Know About Grass Water Pipes!

Post Views: 108 Grass water pipes are the new way to water your lawn! Traditional sprinklers can waste a lot of water by flooding the street and sidewalks,…

What should be done to deal with the recession

Post Views: 89 Now there is panic all over the world, what a recession is coming again. The most well-known sign of a recession is a stock…

Three countries will no longer import gold from Russia.

Post Views: 96 Before Kovid, the most talked about topic in international trade news was the imposition of US tariffs on Chinese goods. In retaliation, China also…

Four countries will not take Russia’s gold

Post Views: 89 The United States, the United Kingdom, Japan and Canada will no longer import gold from Russia. The four members of the G-7 alliance are…

Rezaul Hossain is the managing director and chief executive of Upaya

Post Views: 78 Rezaul Hossain has joined UCB Fintech Company Limited (Upaya) as the Managing Director and Chief Executive Officer of Mobile Financial Services Provider. UCB Fintech…

Leave a Reply

Your email address will not be published. Required fields are marked *