Capital market expo to begin with challenges in focus

FE REPORT
A three-day fair, titled 'Bangladesh Capital Market Expo-2023', begins in Dhaka tomorrow (Thursday), with a special focus on promoting the stock market and highlighting its challenges and potential.
Online news portal arthosuchak.com is organising the exposition, in collaboration with Bangladesh Merchant Bankers Association (BMBA) and DSE Brokers Association of Bangladesh (DBA).
The exposition will be held at the Institution of Diploma Engineers, Bangladesh (IDEB) in the city's Kakrail and will remain open for visitors from 10:00am to 8:00pm.
Commerce Minister Tipu Munshi is expected to inaugurate the expo as the chief guest, organisers said at a press briefing at the Capital Market Journalists' Forum (CMJF) Auditorium on Tuesday.
The main objective of the expo is to raise awareness among people and do branding of the stock market so that people get encouraged investing in the market, said Ziaur Rahman, editor of arthosuchak.com.
Besides, four seminars will be held during the fair where experts and shareholders will discuss how to get out of the current situation of the stock market, he said.
The seminars will be held on good corporate culture and quality financial reporting; the enlisting of state-owned entities to the capital market: present condition
and next course of action; financial literacy and the stock market; and where to invest your money.
This is the fifth capital market expo. The first such expo was held in 2015.
Some 35 institutions, including Bangladesh Securities and Exchange Commission, Central Depository Bangladesh, Bangladesh Institute of Capital Market, merchant banks, asset management firms, credit rating agencies, audit firms and listed companies, will participate in the show.
Saif Powertec, Deshbandhu Group and BBS Cables are the sponsors of the expo-2023.
BMBA President Sayadur Rahman and DBA President Richard D' Rozario were also present at the press briefing.
Sayadur Rahman said sometimes investors are affected due to a lack of proper information or being influenced by others.
This kind of expo will help investors get proper information, he said.
Though the securities regulator is working sincerely for the development of the capital market, there is still some room for policy restructuring to expand the depth of the market as well as enhance investors' participation, he observed.
Mr Rahman hoped that the market will rebound this year as the country's economic indicators are gradually improving.
Richard D' Rozario said the stock market is a sensitive place and anyone has to learn before investing here.
In Bangladesh, 80 per cent are small investors and most of them are not well informed about capital market investment, he said.
The investors will get information about the current and future issues of the capital market during the fair, he told the press.
Foreign Minister Dr A K Abdul Momen is expected to attend the concluding session on January 7, the organisers said.
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