CCCI president made the observation at a seminar on Tuesday on "Investing in Share Market and Internet Trading Service" jointly organised by the Chittagong Stock Exchange (CSE) and its member Salta Capital Ltd aiming to make businessmen of Khatunganj aware of investment in the stock market.

He said a huge pool of fund remains idle with the banks which can be mobilised through the capital market contributing significantly to the nation building process, says a CSE press release.

CCCI president said the government faced fund constraints in building essential bridges. "But the problem can be easily solved if the government considers floating fund raising through initial public offerings from the capital market."

"Such move will diminish our dependency on foreign funds usually tagged with tough conditions which the country is forced to swallow," he added.

CCCI president also suggested that government should commence trading of bonds through the stock market to bring diversity.

CSE President Habibullah Khan presided over the seminar while Wali-ul-Maroof Matin, chief executive officer of CSE, ASM Shahidullah Shahjahan, chairman of Salta, and ASM Shahidullah, director of Salta, were present.

Speaking at the event, Habibullah Khan said the stock markets have gained maturity over the years and investors' confidence is reflected in the index pointing gradual gains.

He said investors are now switching their focus from the interest bearing securities to equity market, which will yield tremendously in the years to come. "Investors are much cautious nowadays regarding their investment and go after stocks with good prospects."

CSE president observed lower interest rates on government savings certificates and commercial bank deposits have contributed significantly to attract investors to the stock markets.

Wali-ul-Maroof Matin, chief executive officer of CSE, made presentation on various regulations and issues of capital market related to companies and services available on CSE.