Volatile share market
It gives me immense pleasure to go every morning through the financial pages of The Daily Star where the trading of shares are printed in detail. Almost every day some write-ups concerning the various issues on share are coming up. Lately, a lot has been written about Grameen Phone shares. Both SEC and DSE are airing their news and views about the share of Grameen Phone and numerous mechanisms are being tried to contain the upward trend of the issue.
Insurance companies are the major ones that are dominating the market like crazy horses. I really fail to understand that nobody says anything about these insurance companies, which are almost galloping with the upward pricing every day and going further and further without any check. Can SEC/DSE explain the reason behind this mad race of these insurance companies and why nothing is being done yet to check their unbridled pricing?
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