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Negative comments hurting stockmarket's growth momentum: Salman F Rahman

Salman F Rahman. File photo

The stock market is growing in the right way but some people are leaving a bad impact on it by making negative comments about the growth, said Salman F Rahman, prime minister's adviser on private industry and investment.

Now, the benchmark index of the Dhaka Stock Exchange is rising due to the overall better position of the economy, he said.

His comments came in an event organised by Bangladesh Merchant Banker'' Association titled "The importance of financial literacy for the development of the capital market".

If the index rises suddenly, then it is a reason of tension, Rahman said

"But our index is rising with observing corrections, but many people commented unknowingly.

Bangladesh Securities and Exchange Commission Chairman Prof Shibli Rubayat Ul Islam echoed the same saying many of responsible persons also commenting megetively on the market.

"Some people don't realise the difference between depositors and investors. Despite that, they are commenting on the stock market which impact the market badly."

People should know about the stock market, he added.

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