Rizvi tells investors Be wary about investment decision
Sunday, 5 December 2010
FE Report
Dhaka Stock Exchange (DSE) President Shakil Rizvi Saturday urged investors to be cautious about investment decision in the capital market.
He made the caution while speaking as the chief guest at the inaugural ceremony of Pearl Institute of Financial Market (PiFM Bangladesh), held at the city's Bangabandhu International Conference Centre (BICC).
The premium bourse boss said, in recent times the market capitalisation has increased significantly but awareness among investors is still very poor.
Investors have to learn tools and techniques in order to avert possible loss, caused due to any volatile situation in the capital market.
"Investors should learn first about the stock market before investing their money there," the DSE leader said.
Shakil Rizvi also said although the volume of country's capital market increases significantly, there is no private sector training institute in Bangladesh for providing quality training to capital market stakeholders.
PiFM, an India-based training organisation, has set up a joint-venture company - PiFM Bangladesh - with Alliance Capital Asset Management Limited (ACAML), a local asset management company.
The joint-venture company aims to provide trainings to employees of banks, stockbrokers, merchant banks, fund managers and asset management companies to develop their professional skills, according to the company sources.
Dhaka Stock Exchange (DSE) President Shakil Rizvi Saturday urged investors to be cautious about investment decision in the capital market.
He made the caution while speaking as the chief guest at the inaugural ceremony of Pearl Institute of Financial Market (PiFM Bangladesh), held at the city's Bangabandhu International Conference Centre (BICC).
The premium bourse boss said, in recent times the market capitalisation has increased significantly but awareness among investors is still very poor.
Investors have to learn tools and techniques in order to avert possible loss, caused due to any volatile situation in the capital market.
"Investors should learn first about the stock market before investing their money there," the DSE leader said.
Shakil Rizvi also said although the volume of country's capital market increases significantly, there is no private sector training institute in Bangladesh for providing quality training to capital market stakeholders.
PiFM, an India-based training organisation, has set up a joint-venture company - PiFM Bangladesh - with Alliance Capital Asset Management Limited (ACAML), a local asset management company.
The joint-venture company aims to provide trainings to employees of banks, stockbrokers, merchant banks, fund managers and asset management companies to develop their professional skills, according to the company sources.