Angry investors have been assured of a budget that will facilitate the growth of the capital market as they continued demonstrations on the bourses.
Securities and Exchange Commission (SEC) spokesman Mohammad Saifur Rahman on Thursday told reporters they expect the government to tailor a share market-friendly budget with due importance.
"We've had discussions with all the stakeholders including the stock exchanges, finance ministry, Bangladesh Bank, NBR and the merchant banks to keep the market stable.
"They've reached a consensus," he added.
Earlier in the day, small investors staged demonstrations demanding suspension of trading on the stock exchanges following price fall for several consecutive days.
A 15-member delegation under the banner of Capital Market Investors' Unity Council took out a procession after lodging a 15-point charter of demands with the SEC.
The delegation had asked the SEC to suspend trading on the two bourses until a 'specific policy' is formulated and the budget passed. Their other demands are an increase in the margin loan ratio at 1:2 and formation of a committee to monitor the market.
In Chittagong too, investors made a five-point charter of demands through a human chain and a rally.
Saifur said measures were underway to ensure execution of the relevant laws and revising the current ones.
He, however, could not elaborate on the steps.
Addressing the investors, he said: "They can submit written recommendations to the SEC on ways to emerge out of the current situation."
The SEC official also termed the current price-earning ratio 15:11 investor-friendly. "It's perfect time to invest."
Securities and Exchange Commission (SEC) spokesman Mohammad Saifur Rahman on Thursday told reporters they expect the government to tailor a share market-friendly budget with due importance.
"We've had discussions with all the stakeholders including the stock exchanges, finance ministry, Bangladesh Bank, NBR and the merchant banks to keep the market stable.
"They've reached a consensus," he added.
Earlier in the day, small investors staged demonstrations demanding suspension of trading on the stock exchanges following price fall for several consecutive days.
A 15-member delegation under the banner of Capital Market Investors' Unity Council took out a procession after lodging a 15-point charter of demands with the SEC.
The delegation had asked the SEC to suspend trading on the two bourses until a 'specific policy' is formulated and the budget passed. Their other demands are an increase in the margin loan ratio at 1:2 and formation of a committee to monitor the market.
In Chittagong too, investors made a five-point charter of demands through a human chain and a rally.
Saifur said measures were underway to ensure execution of the relevant laws and revising the current ones.
He, however, could not elaborate on the steps.
Addressing the investors, he said: "They can submit written recommendations to the SEC on ways to emerge out of the current situation."
The SEC official also termed the current price-earning ratio 15:11 investor-friendly. "It's perfect time to invest."