Somebody behind ups and downs of share market index: FM

Rtv online report

22 Apr 2019, 00:00

Finance Minister AHM Mustafa Kamal. File Photo.

Finance Minister AHM Mustafa Kamal said, some people are involved behind the ups and downs of recent share market index. Works are going on to find out the involved persons in this connection.

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He said these to the newsmen after holding meeting with Bangladesh Securities and Exchange Commission on Monday afternoon.

The Finance Minister said, national budget will be submitted soon. We are taking care of share market. There is a relation between the economy and share market. So share market should remain good.

He said, the incidents of ups and downs like at present were also seen in 1996, 2010. Those who are involved behind these incidents will be found out.

The minister said, the market is normal at the moment. Index has come down to 5300 point from 5900 point but it is not a big matter. In 1989 in Japan the index was 39000 point and that came down to 7000 point in 2007. Again in India the index came down to 7000 point from 21000 point. Such types of ups and downs happen in the market , it is not a matter.

He said, we should not be worried, our market is not like markets of other countries. There investors come in the market after being understood. But in our country people come in the market after not getting proper knowledge about it. If they come after being understood then we would have not needed such strong commission.

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