দ্রুত এবং কঠোর ব্যবস্থা নেওয়া ছাড়া শেয়ারবাজারের ওপর বিনিয়োগকারীদের আস্থা ফিরিয়ে আনা সম্ভব হবে না বলে মনে করছেন বাজার বিশেষজ্ঞরা। এ জন্য সিকিউরিটিজ অ্যান্ড এক্সচেঞ্জ কমিশন (এসইসি) পুনর্গঠন ও সক্ষমতা বৃদ্ধি, দায়ী ব্যক্তিদের চিহ্নিত করে শাস্তি প্রদান, বাজার ধসের কারণ অনুসন্ধানে টাস্কফোর্স গঠন এবং বারবার সিদ্ধান্ত পরিবর্তনে যাঁরা ভূমিকা রেখেছেন, তাঁদের বিরুদ্ধেও ব্যবস্থা নেওয়ার পরামর্শ দিয়েছেন তাঁরা। সূত্র জানায়, সরকারও আস্থা ফিরিয়ে আনতে নতুন কিছু পদক্ষেপ নেওয়ার কথা ভাবছে। এ লক্ষ্যে অর্থমন্ত্রী আবুল মাল আবদুল মুহিত সংশ্লিষ্টদের সঙ্গে কথা বলছেন। এসইসিতে নতুন দুজন সদস্য নিয়োগ দেওয়াসহ পুনর্গঠন এবং দায়দায়িত্ব নিরূপণ করতে একটি কমিটি গঠন করা হতে পারে বলেও জানা গেছে। অর্থমন্ত্রী আজ রোববার সংশ্লিষ্ট সবাইকে নিয়ে শেয়ারবাজার পরিস্থিতি বিষয়ে বৈঠক করবেন। ৩০ লাখেরও বেশি বিনিয়োগকারী এখন এই বৈঠকের সিদ্ধান্তের অপেক্ষায়। তাঁরা আস্থা ফিরে পেতে চান। তবে সবকিছুই নির্ভর করছে সরকারের ওপর। আজ শেয়ারবাজারে লেনদেন বন্ধ থাকবে।
অর্থমন্ত্রী গত শুক্রবার তাঁর ও এসইসির নেওয়া কিছু সিদ্ধান্ত ভুল ছিল বলে স্বীকার করেছেন। বাজারসংশ্লিষ্ট ব্যক্তিরাও মনে করেন, অনেক সিদ্ধান্ত ভুল ছিল। যথাযথ মূল্যায়ন ছাড়াই এমন অনেক সিদ্ধান্ত নেওয়া হয়েছে, যার ফলে কৃত্রিমভাবে বাজার চাঙা থেকেছে এবং শেয়ারের দর বেড়েছে। এতে অতি লাভের লোভে বিনিয়োগকারীর সংখ্যাও বেড়েছে।
The government sits with stakeholders today to find ways to help stocks bounce back from the current slump and take steps to reform the markets.
Finance Minister AMA Muhith will preside over the meeting with officials of Securities and Exchange Commission, Dhaka and Chittagong stock exchanges, two former SEC chairmen and representatives of brokerage houses at state guesthouse Padma, said finance ministry officials.
Prime Minister's Economic Affairs Adviser Mashiur Rahman said the finance minister would discuss the present situation with the stakeholders. It will help the government know about the facilities or reforms required to boost the stockmarket, Rahman told reporters after a programme organised by the Policy Research Institute of Bangladesh at Banani in Dhaka.
The country's apex trade body -- Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) -- sat at the Westin hotel last night and prepared a set of recommendations to present to the finance minister at today's meeting.
Top officials of the chamber, SEC, two bourses, bankers, merchant bankers and publicly-listed companies' association, attended the two-hour meeting.
Their recommendations include: Companies that saw their prices slump must buy back their stocks; the regulator must find and punish the culprits responsible for the crisis; the last four years' earnings of merchant banks must be reinvested into the market; and the SEC must find out how three companies entered the market through direct listings by breaching rules and reportedly made away with Tk 1,500 crore, said a businessman, who was present at the meeting.
Meanwhile, experts suggested formation of a high-level probe committee to look into what went wrong in the stockmarket, and restore confidence to the investors.
The committee will try to find out who were responsible for the recent crash in the market, determine how much the stock index can go up, and how much a share price can rise, they said.
The committee will also see whether the central bank and the SEC had any flaw on their part in the recent fall, they said.
Given the depth of the country's capital market, according to an unofficial study of the central bank, the share market index can reach a maximum of 6,000 points, whereas the benchmark General Index on the Dhaka Stock Exchange came close to 9,000 points.
Examples in many countries show that if the index goes up beyond the depth of the market, the index is bound to plummet.
In Bangladesh, the rise in the index was due to arrival of many new companies. In 2009, SEC approved issuance of shares worth Tk 750 crore. Till October 12 of last year, shares worth Tk 4,063 crore were approved, which was about 441 percent higher than in the same month of the previous year. Share prices jumped many times.
অর্থমন্ত্রী গত শুক্রবার তাঁর ও এসইসির নেওয়া কিছু সিদ্ধান্ত ভুল ছিল বলে স্বীকার করেছেন। বাজারসংশ্লিষ্ট ব্যক্তিরাও মনে করেন, অনেক সিদ্ধান্ত ভুল ছিল। যথাযথ মূল্যায়ন ছাড়াই এমন অনেক সিদ্ধান্ত নেওয়া হয়েছে, যার ফলে কৃত্রিমভাবে বাজার চাঙা থেকেছে এবং শেয়ারের দর বেড়েছে। এতে অতি লাভের লোভে বিনিয়োগকারীর সংখ্যাও বেড়েছে।
The government sits with stakeholders today to find ways to help stocks bounce back from the current slump and take steps to reform the markets.
Finance Minister AMA Muhith will preside over the meeting with officials of Securities and Exchange Commission, Dhaka and Chittagong stock exchanges, two former SEC chairmen and representatives of brokerage houses at state guesthouse Padma, said finance ministry officials.
Prime Minister's Economic Affairs Adviser Mashiur Rahman said the finance minister would discuss the present situation with the stakeholders. It will help the government know about the facilities or reforms required to boost the stockmarket, Rahman told reporters after a programme organised by the Policy Research Institute of Bangladesh at Banani in Dhaka.
The country's apex trade body -- Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) -- sat at the Westin hotel last night and prepared a set of recommendations to present to the finance minister at today's meeting.
Top officials of the chamber, SEC, two bourses, bankers, merchant bankers and publicly-listed companies' association, attended the two-hour meeting.
Their recommendations include: Companies that saw their prices slump must buy back their stocks; the regulator must find and punish the culprits responsible for the crisis; the last four years' earnings of merchant banks must be reinvested into the market; and the SEC must find out how three companies entered the market through direct listings by breaching rules and reportedly made away with Tk 1,500 crore, said a businessman, who was present at the meeting.
Meanwhile, experts suggested formation of a high-level probe committee to look into what went wrong in the stockmarket, and restore confidence to the investors.
The committee will try to find out who were responsible for the recent crash in the market, determine how much the stock index can go up, and how much a share price can rise, they said.
The committee will also see whether the central bank and the SEC had any flaw on their part in the recent fall, they said.
Given the depth of the country's capital market, according to an unofficial study of the central bank, the share market index can reach a maximum of 6,000 points, whereas the benchmark General Index on the Dhaka Stock Exchange came close to 9,000 points.
Examples in many countries show that if the index goes up beyond the depth of the market, the index is bound to plummet.
In Bangladesh, the rise in the index was due to arrival of many new companies. In 2009, SEC approved issuance of shares worth Tk 750 crore. Till October 12 of last year, shares worth Tk 4,063 crore were approved, which was about 441 percent higher than in the same month of the previous year. Share prices jumped many times.