Capital market investors urge parties to include market reforms in election manifesto

The Bangladesh Capital Market Investors' Union Council has demanded that the political parties participating in the upcoming parliamentary elections include a clear proposal on the development of the capital market and investment-friendly steps to be taken in the manifesto.
The organization's General Secretary Md Sajjadul Haque said all this in a written statement at a press conference organized at the Capital Market Journalists Forum (CMJF) auditorium on Thursday. The organization's President Kazi Md Nazrul and other leaders were present at the time.
Sajjadul Haque said that the previous fascist Awami League government put the capital market in the ICU on December 6, 2010, which continued until the day that government fell (August 5, 2024). In continuation of that, the current interim government after August 5, 2024 entered that ICU and turned capital market investors into "victims of economic genocide" in the name of reforms. The biggest reflection of which is the current terrible market situation.
He said that when the fascist government took office on August 11, 2024, the DSEX index was 6015 points, which fell to 4850 points on December 18, 2025. That is, the index has fallen by more than 1150 points in the last 17 months. And the daily turnover has decreased from Tk 1500 crore to Tk 350 crore. In addition, the market PE is below 9 points, which is not the case in any capital market in the world. Bangladesh is the only country in the world where the stock market is in a worse condition than it was 12 years ago.
He also said that if the people in charge had fulfilled their responsibilities properly, then such terrible days would not have happened. Why fund 10 thousand crore taka without creating an environment of trust among domestic and foreign investors in the capital market, even if you give 10 lakh crore taka, you will not get any results. On the contrary, the government will be in a more embarrassing situation. In the past 17 months, BSEC, Bangladesh Bank and NBR have not been able to show any encouraging work in the stock market, they have done discouraging activities almost every day in some way or the other. The burning proof of which is that 5 banks have been merged without following international merger rules, putting bank depositors and shareholder investors in a difficult situation. Besides, in the past 17 months, they have not been able to show the ability to bring a single acceptable and attractive company to IPO.