For two months, some speed has returned to the country’s capital market. His previous situation was not pleasant at all. In all, the interim government has decreased by more than 5 percent over the previous year than the previous year. At the same time, the main index has dropped more than 5 percent. However, as a period of time, the total market capital has increased by more than one and a half percent.
According to capital market-related people, the fluctuation of the index is not always the main indicator for investors, the most important transaction volume. In their words, the ‘extreme’ negative signal for the reduced transaction market, which indicates the interest of investors’ interest and market deficit.
Figure of Transaction: According to DSE statistics, from August 1 to August 1, 2021, the transaction was Tk. On average, the transaction is Tk. The previous year, that is, from August 1 to August 1, 2021, from August 1 to August 1, the transaction was Tk 1 crore. At that time, the average daily transaction was Tk.
In one year of the interim government, transactions have decreased by about 25 thousand 12 crore 5 lakh or 5.7 percent. The average daily transaction has been reduced to Tk 120 crore 5 lakh.
Fall of the index: DSEX, the main index of the DSE, was 120 points on August 7, 2021, which stood at 5 points on the same date of 2021. That is, the index has dropped by 5 points or 5.72 percent in a year.
Increase in capital: Although the transaction and index have decreased; But in the meantime the total market capital has increased slightly. On August 7, 2021, the market capitalization of DSE was Tk. On the same day of 2021, it stands at Tk. That is, in one year, capitalization has increased to Tk.
Reason to reduce the transaction: Experts and market-related people say that investors do not want to take risks in the market, all in all, the lack of interest rates, lack of good shares, financial distress of many companies, its negative impact on the international conflict and the economy and the political pressure of the country.
Selim Afzal Shaon, the research head of the BRAC EPL stock brokerage, believes that the imposition of US tariffs, India-Pakistan and Iran-Israel conflict, political pressure surrounding national elections, high interest rates and increasing debt increases in the market have had a negative impact on the market.
Abu Ahmed, chairman of the state -owned investment company Investment Corporation of Bangladesh (ICB) and capital market analyst Professor Abu Ahmed, said that when the index is reduced, transactions are usually reduced. The financial situation of almost all sectors including banks, insurance, non -bank financial institutions is bad now, where the previous years were somewhat better. The number of good shares is also very low. As a result, investors are not getting attractive return. On the contrary, many people are removing money from the capital market due to high interest.
Investor crisis: Sharif Ataur Rahman, senior vice president of the DSE Brokers Association (DBA), said that the index is not the main to them, but the transaction is more important. In his words, transactions have begun to increase for 3 days. However, the condition of the market for a long time was very bad. He said the number of investors in the capital market has dropped drastically. Earlier, he had 3,000 customers in his house, now less than 3,000. Every day 5 investors do not participate in the transaction. Those who are, do not have more money to invest more than half of them. Those who invested with loans are now completely out of the market. Most of the transactions that are currently being traded are selling one shares and buying another shares.
Regulatory Organization’s statement: Abul Kalam, director and spokesman for the Bangladesh Securities and Exchange Commission (BSEC), said the Commission is conducting various reforms for the long -term and sustainable development of the capital market. Already some of its positive effects have been visible in the market. His hope is that after the implementation of the reforms, the market will be in better.
