Investors Fight Back Against Stock Market Decline

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Investors Fight Back Against Stock Market Decline

The ongoing price decrease has caused chaos on the nation’s capital market. Capital is continuously being lost by regular investors.

Investors resumed their activities in the hopes of reentering the capital market following the July–August 2024 popular upheaval that resulted in a change of authority. The Bangladesh Capital Market Investors Association (BCMIA), an investor group, has called for a protest march to seek the resignation of Khandaker Rashed Maqsood, the chairman of the Bangladesh Securities and Exchange Commission (BSEC), since it was still invisible after eight arduous months.

The impacted investors will demonstrate tomorrow, Wednesday, April 23, at approximately 2:30 pm, in front of Bangladesh Bank. Today, Tuesday, Md. Nurul Islam Manik, the organization’s coordinator and top spokeswoman, signed a press release revealing this information.

It said that the Bangladesh Capital Market Investors Association has called for a protest march in front of the Bangladesh Bank building tomorrow, Wednesday at 2:20 pm, demanding the removal of BSEC Chairman Khandaker Rashed Maqsood due to the continuous decline in the capital market. It is specifically recommended that all stakeholders and investors take part in this protest march.

Earlier, on April 15, the Chief Advisor received a letter from general investors calling for the resignation of the chairman of the ICB and BSEC.

 

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