DSE's dubious move
Photo: Amdadul Huq / Driknews
A few days ago DSE decided not to allow any private company to offload their shares through direct listing method with the reasons not explained. The move is dubious. Through direct listing the companies with good market image and healthy books of accounts can be benefited for their goodwill. This method also denies the wrongdoings of the gamblers in the guise of so called investors. Why should the DSE want these monsters to eat away the premium of the goodwill the companies have created through diligence and endeavour of their skilled workforce. A good financial analyst with acumen can see the prowling gamblers in the trading floors of the stock exchanges. So, we earnestly request the DSE authorities to help the companies with market reputation through their participation in the capital market and devise policies in the interest of the genuine investors.
For all latest news, follow The Daily Star's Google News channel.
Comments