The Chittagong Stock Exchange held a two day capital market fair with a view to sharpen the edge of the bourse and make the investors financially literate and expanded consciousness on capital market. The fair was inaugurated by Dr. M. Khairul Hossain, Chairman of Securities And Exchange Commission (SEC), Bangladesh. Dr. Mohammad Abdul Mazid, Chairman of Chittagong Stock Exchange Commission (CSE) and Shiekh Kabir Hossain, President of Bangladesh Insurance Association were also present at the ceremony. A host of business icons like Ali Hussain Akberali, FCA, Chairman of BSRM; Salman Ispahani of Ispahani Group were present and Md. Shakil Rizivi, Director DSE chaired a session later on 9th October.
The fair witnessed a phenomenal gathering of audience who were keen to know more about various opportunities of investment. A total number of 50 stalls were there with companies like BSRM, Island Securities, Lanka Bengal, IDLC, and PHP Securities participating to enhance investors’ confidence.
Dr. Abdul Mazid told ICE Business Times that the total number of visitors went beyond their expectations, which CSE is considering as a positive sign. Ali Hussain Akberali, FCA said that it was an enterprising initiative from the CSE where lots of investors from different fields were getting to know about with each other. “It is a very good initiative for the listed companies.” He expressed his utmost satisfaction about the fair.
Md. Shakil Rizivi told this magazine that this kind of fair was important to raise the consciousness of the investors. “Participants asked me many questions, which show their eagerness to update their knowledge quotient about the bourse. This initiative will surely be very fruitful in creating awareness regarding the capital market.” Wali-ul-Maroof Matin, Managing Director of CSE said that they had been working for more than two decades to augment financial literacy among investors in the port city. “The crowd is fascinating. We have got response from all continents except Africa. This is going to spell a big success for the bourse in coming days.”
Among the participants, attendees from IDLC and Island Securities shared their remarks with ICE Business Times. They expressed their gratefulness towards the initiative. The high-end seminars helped investors with much-needed bourse basics, they said. The fair witnessed opening of a huge number of BO accounts, which is important for both qualitative and quantitative outcome of the fair, they said.
