Seminar on “Capital Market in Bangladesh: A Review of Recent Scenario', at ASA University Bangladesh organized by business clubS

Speakers of Seminar on “Capital Market in Bangladesh: A Review of Recent Scenario', at ASA University Bangladesh organized by business club

Business Club of ASA University Bangladesh has recently organized a seminar on “Capital Market in Bangladesh: A Review of Recent Scenario', which was held at ASA University Bangladesh. Vice Chancellor, ASA University Bangladesh Prof. Md. Muinuddin Khan presided over the meeting, while Professor Dr. Salahuddin Ahmed Khan, Professor, Dept. of Finance, Dhaka University and former Chief Executive Officer of Dhaka Stock Exchange attended the seminar as the Chief Guest. Prof. Dr. Iqbal Hossain, Chairman, Dept. of Business Administration, teachers and students from different department also present on that seminar.

They discussed the background of DSE, the reasons for increasing participation of bank in stock market, underlying causes of market crash, and the impact on money supply, how index can be measured, the role of commercial bank, problems and prospects of capital market, suggestions to strengthen the regulatory bodies like SEC, DSE, governmental initiatives and policies.

In his speech Professor Salahuddin Ahmed Khan said, Share Market of Bangladesh is in disastrous condition now-a-days. Everyday the prices of different shares are subject to serious fall. Syndicates are working behind this recent plunge. This also caused the past crisis also, but they could not manipulate the market at that time. He said poor monitoring and market surveillance and lack of professionalism, resulted in abnormal price behavior for many share. To overcome this problem he suggests the change of management in SEC, appointment of right group in regulatory bodies, better management with greater professionalism in financial institutions, etc. 

 Mr. Amit S. Huq read out the keynote paper and also gave a presentation on factors which affect stock price and the capital market, share market crisis, analysis and recommendations.

Prof. Md. Muinuddin Khan suggested the investor to consider the fundamentals of a company while they invest in shares and bonds instead of being swayed away by speculation and heresys and all stakeholders should maintain ethical standard.