CSE allowed to enlist Ctg industries alone: BSEC chair

CHITTAGONG, Feb 4: Chairman of the Bangladesh Securities and Exchange Commission Dr M Khairul Hossain has announced listing of the Chittagong-based industries and companies only on the Chittagong Stock Exchange to attract more investment.

He said that the capital market regulators would offer facilities to the Chittagong industries, if they desire, to get enlisted only on the local bourse. The Chittagong-based businesses should come forward to make the capital market more vibrant, he said.

He said this while addressing as chief guest at the closing ceremony of the three-day CSE Capital Market and Investment Fair 2018 held at the GEC Convention Centre in the city on Saturday evening.

Chittagong Chamber of Commerce and Industry president Mahbubul Alam addressed the event as special guest. Chairman of the Chittagong Stock Exchange Dr AK Abdul Momen presided over the closing session.

Dr Khairul Hossain said foreign investment in the Bangladesh capital market was 0.1 per cent in the past but it is now 5.0 per cent. The foreign investors analyse the risk factors and dependable information before investing in a capital market.

He said the businesses are contributing a lot to the national economy. The CSE would be enriched if the businesses come forward and if they desire the BSEC would allow listing of their companies on the CSE only.

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