Stocks continue

the cash flow increased, the investors will regain their lost confidence," said Mr Ahmad. He also pointed out that the National Board of Revenue (NBR) should give a clear clarification about investment of undisclosed money in share market. Mr Ahmad also said that all investors and merchant banks' loan accounts interest should be waived for two years. He also urged the responsible persons not to make irresponsible comments on stock market. "The institutional participation should also be increased immediately," he said. Mr Ahmad also favoured floatation of new Initial Public Offering (IPO) as it will bring fresh fund and fresh investors in the market. Akter H Sannamat, a charter accountant and stock expert said that small investors are suffering from severe lack of confidence as the institutional investors could not participate because of fund crisis. "The institutional investors could not be active in the market despite series of regulatory measures as they themselves are suffering from fund shortage," commented Mr Sannamat. "To increase liquidity flow in the stock market, the central bank should re-frame the calculation of exposure method," he said. A stock broker said that the news of Bangladesh Bank (BB) during trading hours that the banks can decide on rescheduling margin loans themselves, saved the days' bigger fall. All the major sectors declined on the day as selling pressure was witnessed across the board. Among the major sectors---banks lost 0.29 per cent, NBFIs 1.62 per cent, telecommunications 0.92 per cent, pharmaceuticals 1.35 per cent and fuel and power sector lost 0.55 per cent. Out of 255 issues traded, 100 advanced, 142 declined and 13 remained unchanged. A total of 41.81 million shares changed hands on the day against 29.94 million in the previous session. The trade deals also increased to 95,335 against Tuesday's 70,154.