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Saturday, February 12, 2011

Protest of the General investors in Dhaka

General investors increasingly aggressive due to the ongoing case of the stock market. New age, a leading news paper in Bangladesh wrote "Hundreds of general investors were blocked on the street and the busy road at the Motijheel in the capital on Sunday as the General index of the Dhaka stock exchange by 406.29 points three weeks crashed after another massive collapse on 20 January."

Investors came out brokerage houses build DSE buildings over lunch as DSE road over general index fell by 297 points in an hour of trading due to panic selling shares of investors who lost your confidence in the market again.

Close of trading that transferred the DSE general index was 6,719.04 points 5.70 percent as stock prices shed 238 questions from 255 day strongly decreased.

Investors stopped traffic on the Street between the Bangladesh Bank and the Ittefaq junction and rallies in small groups in the presence of police officers between noon and 4 P.m. place. No unwanted

Incidents have been reported.

General investors angered by repeated market collapse, demanded immediate resignation of Finance Minister, Abul Maal Abdul Muhith and Bangladesh Bank Governor, Atiur Rahman, for their failure to stabilize the market.

Some investors announced, to enforce a general strike for four hours from 11: 00 on Tuesday while another group its support for the general strike expands the Bangladesh nationalist party has called today. Nor against another group each call for general strike (s). But all groups unanimous their demand for Muhith and Atiur's resignation.

Investors to come up with appropriate measures to stabilise the Exchange collapse and Government failure blamed the Government for the repeated market.

' This Government has completely failed to stabilize the stock market. The collapse has ruined us as we again, lost 30 percent of the investment,' said an investor at a rally.

Analysts said that inevitably, was the collapse of the market on Sunday after investors was nervous because of last week downward trend after Declaration of monetary policy by the market and Bangladesh Bank regulators two new directives within two weeks of the market collapse on 20 January.

The market facing liquidity crisis big investors who made huge gains in December, remained almost inactive and watchful waiting for the purchase of shares for lower prices.

General investors fall into the third week of January, Bill on the streets and the Government met with the DSE general index suspended trading for a few days more than 1,500 points after three days, including a 600 point shed had five minutes of trading on 20 January.

January at investor confidence and strengthen the Treasury decisions 14. The Ministry made by a Committee, the market collapse to investigate and asked banks to reinvest their profits from the capital market.

"None of the decisions of the Ministry were still enforced." Why should the Committee takes two months to investigate the collapse, such as the Finance Minister said that all data with the central depository of Bangladesh limited are available?' said another investor at a rally in the vicinity of Madhumita films.

Bangladesh Bank for the announcement of the monetary policy discouraging criticised banks in which to invest "unproductive section" at this time as capital market liquidity crisis faced and the Government had asked banks to reinvest their profits in the capital market investors.

'Investor confidence General was dealt a blow back in a few days' trading. Inactivity large or institutional investors also played a role in the market collapse,' said the analyst.

A senior official of the Securities and Exchange Commission, said that no action on or with the current market situation had nothing to do market regulators.

' The market takes its natural course. We have to do nothing when it falls. We can't force all large investors and everyone for that matter quickly to buy shares on the market, ' he told new age on Sunday evening. "

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