Stock market is not in bad condition: Kamal
Finance Minister AHM Mustafa Kamal on Monday said that the country's capital market is not in a bad condition.
"Capital market is related to the economy of the country. If the economy fares better, then there is no reason to not having a better capital market," he said.
The finance minister said this to reporters after holding a meeting with the high ups of the Bangladesh Securities and Exchange Commission (BSEC) this afternoon.
He said that the index of the country's premier bourse earlier rose up to 5,900 from 4,500. Then it came down at 5,300. "It's not a problem for the stock market,"
Kamal said such ups and down could take place in the capital market, but that does not suggest that the capital market is in a bad state. Responding to a question about the enlistment of the multinational companies in the capital market, the Finance Minister said none could be forced to come in to the capital market. "If any company wishes to come, then it can come and there is nothing to force in this regard," -BSS