Share market manipulators to face music, warns PM
Sangsad Bhaban: Prime Minister Sheikh Hasina on Tuesday warned that action will be taken if anyone wants to play with the share market.
‘... if anyone wants to play (with the market), obviously we’re taking action and will take so,’ she said while giving her winding-up speech in the second session of the 11th parliament, reports the UNB.
The Prime Minister said the government has taken many steps to keep the share market stable. ‘Those who are going to the market should know that there’s the possibility of both profit and loss. When you make profits, you’ll be happy but when you incur losses, you’ll shift the blame on the government. This is not fair,’ she said.
She said the government is taking steps whatever necessary for the capital market. ‘We’re giving protection; we’re providing all types of facilities for the market.’
Sheikh Hasina also mentioned that the government wants the stock market to run with stability. ‘We don’t want the market to suddenly go up and down. We’re taking appropriate measures to control it,’ she added.
Noting that the share market is like gambling, Hasina said, ‘You can make profits as well as you can incur losses. Those who will go the capital market have to consider it.’
The Prime Minister asked the investors to look into all the related aspects before going for investing in any company’s share.
‘The investors should make their own decision,’ she said, adding that no one will take their responsibilities.
Hasina assured that there is nothing to be worried about the capital market as the government is taking steps for its betterment. ‘I’ll say there’s nothing to be worried. I’ve already had a meeting with the stakeholders a couple of days back in Parliament to find out the way to fix the market,’ she said.