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Participation of women investors in stock market emphasised

Wednesday, 27 June 2007


FE Report
Salta Capital Ltd (SCL), a brokerage house of Chittagong Stock Exchange (CSE), organised a seminar in the port-city Monday on the occasion of opening a separate booth for women investors to facilitate their smooth share trading.
Women Chamber of Commerce (WCC) President Monwara Hakim Ali was present on the occasion as the chief guest, while Chittagong Stock Exchange (CSE) First Vice President (VP) Nasiruddin Ahmed Chowdhury was present as the special guest.
The WCC president, in her speech said: "We feel proud for such a pragmatic approach from SCL that stands beside women investors by installing an exclusive share trading booth for them who have long been neglected."
The CSE first VP in his speech said: "The number of female investors in the stock markets of our neighboring countries like India, Sri Lanka and Pakistan is great. Our objective should be to make aware local women investors so that they feel encouraged in investing their small savings in the stock markets."
He also said, CSE as a facilitator has brought ITS (internet trading service) infrastructure for the general investors, so that women investors can submit their orders from home or their offices. With this facility they can be self-dependant, and boost their income.
The CSE first VP said, our capital market eves have a good potential for the future.
"The market capitalisation will increase further, as a number of government and multinational companies are likely to enter the market soon.
"The stock market will also see a major development when shares worth $1.0 billion (100 crore) will be floated within the next three to six months, as eight large state-owned companies will go public under the direct listing regulation.
"We are hopeful that a huge amount of fund, now invested in the stock markets of India and Pakistan by the Middle East, Japan and the US-based investors, will be diverted to the country's stock market.
Besides, with the inclusion of more companies of power, telecommunications and energy sectors, the market capitalisation of the bourses will cross $15.0 billion mark, and the daily average turnover will cross $100 million mark by 2009, he said.
SCL Chairman ASM Shahidullah Shahjahan said, in order to reduce the country's present unemployment rate, we have to tap our capital market for rapid industrialisation.
SCL General Manager (Compliance Department) Atiquzzaman also spoke in the programme, while Deputy Manager (Corporate Development) AKM Shahroze Alam made a presentation on the country's recent capital market development.