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BSEC chairman urges Americans to invest in Bangladesh stocks

TBP Desk
01 Aug 2021 00:00:00 | Update: 01 Aug 2021 04:51:22
BSEC chairman urges Americans to invest in Bangladesh stocks
Professor Shibli Rubayat-Ul-Islam is speaking in Los Angeles on Saturday as part of seven-day long road show – Courtesy Photo

Bangladesh Securities and Exchange Commission (BSEC) Chairman Professor Shibli Rubayat-Ul-Islam urged all American business persons to invest in Bangladesh saying, ‘America is one of the largest economies in the world. Investors of this country, business friends can invest in Bangladesh now. We want you (business persons) will invest in our country as there is a wonderful opportunity to invest in the potential stock market of Bangladesh.’

Prof. Rubayat also informed that the Bangladesh stock market has shown the best performance in the last year. During September and December last year, the investors received the highest returns from the stock market. The turnover in the stock market is increasing day by day with rising the market capital and the index. Our market capitalization is 12 percent of gross domestic product. The Asian Frontier Journal published different reports in this connection.

Shibli Rubayat, and also a former Dhaka University teacher and researcher, came up with the call in his speech delivered at the beginning of the third phase of the ongoing roadshow at Los Angeles in the USA on Saturday, reports risingbd.com.

The third phase of the week-long roadshow organized by the BSEC started around 5:30pm on July 30 (around 6:30am on July 31, Bangladesh Time) at the Inter Continental Los Angeles Downtown.

Developing international trade and investment through both portfolio investment and FDI by the expatriates and foreign investors is the key

target of this roadshow. The distinguished delegates are going to demonstrate the strength and opportunities of rising Bangladesh for investors from abroad.

‘Not only in the secondary market, but Bangladesh share market is also getting new products as well with the bond market is improving day by day. Especially blue bonds, sukuk bonds, perpetual bonds are available here with the highest returns. The mutual fund sector of the stock market is also improving. So this is high time to invest in this potential stock market.’

BSEC chairman also says, two crores of people are directly and indirectly involved in the Bangladesh share market with good governance has been ensured. The stock market is playing a big role in the country’s economy. Expatriates can invest in the stock market through the Nita account.

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