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:: Capital Market Growth - DSE, CSE to form joint committee ~
 
The country's two bourses have agreed to form a six-member working committee to jointly work on a long-term growth of capital market.


The committee comprising equal number of representatives from Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) will be formed within this month.


The decision was made at a joint meeting of DSE and CSE directors held in the DSE boardroom on Monday.


Various ways and means to boost the capital market were also discussed at the meeting, chaired by DSE President Abdullah Bukhari. CSE President MKM Mohiuddin led the delegation of CSE.


The loopholes that are hindering the growth of stock market in recent times were also discussed at the meeting.


They policymakers of the bourses also agreed to work jointly on various market-related issues such as initial public offering, de-listing and direct listing of companies, attracting foreign investors, keeping the stock markets open on Saturdays and disseminating price sensitive information.


Earlier on Thursday, the DSE met institutional investors seeking bigger supports from them to boost the market.


Source :
 

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