BSEC working to boost investor confidence
If proper returns from the stock market can be ensured, people from all over will be encouraged to park their savings and remittance at the country’s bourses, according to Source of the Bangladesh Securities and Exchange Commission (BSEC). Source added that they are working to ensure good returns for investors as well as good corporate governance in the market. If people regain their confidence in the local stock market through good returns on their investment, they will definitely bring their savings and remittance as well.
And as their investments reduced, the stock market suffered. To address the situation, the BSEC has taken a strict stance on maintaining regulations, which is a basic responsibility that can boost investor confidence and subsequently, the market.Many people ask whether the local market can sustain and to them I say the market will sustain 100 per cent since trading-based markets are sustainable, source added.
‘Proper plan needed for ensuring uninterrupted supply chain during disaster’
A proper plan is needed to ensure that the supply chain continues to function effectively during various natural disasters, including pandemics, speakers said at the inaugural ceremony of a two-day workshop on supply chain resilience in Chattogram on Saturday morning. The Chattogram Chamber of Commerce and Industry (CCCI), Bangladesh Centre of Excellence (BCE) and National Resilience Programme (NRP) under the planning ministry jointly organized the second phase of the “training of trainers” workshop at the World Trade Centre in the port city.
Supply chain disruptions have come to the fore during the ongoing Covid pandemic and the private sector suffered the most due to disruptions.At the workshop, one of the organizers said the job of the businessmen is to invest but the business is run by skilled and experienced officers engaged in the business organization. Therefore, to increase the skill of the officials of different organizations, such a workshop is very timely and important.He called on the participants in the workshop to learn from the supply chain disruptions caused by the ongoing corona pandemic, and come up with a better plan to avoid such disruptions in future.
Local and Global Stock Indices *
|Index Name||Close Value||Value Change||Percentage Change|
|FTSE100||$ 7,138.35||↓ 25.55||↑0.36%|
|Nikkei 225||$ 29,128.11||↑584.60 ||↓2.05%|
World Commodities *
|Commodity||Close Value||Value Change||Percentage Change|
|Crude Oil (WTI)||$ 69.29||↓ 0.70||↑1.00%|
|Crude Oil (Brent)||$ 72.61||↓ 0.42||↑0.58%|
|Gold Spot||$ 1,833.70||↑22.20||↑1.23%|
Major Currencies Exchange Rates Movement in Last Seven Days *
|USD 1||BDT 85.2000|
|GBP 1||BDT 117.3374|
|EUR 1||BDT 100.8853|
*CURRENCIES AND COMMODITIES ARE TAKEN FROM BLOOMBERG.<