Some listed companies don’t publish data properly: BSEC commissioner

Some listed companies do not publish data on their website properly, causing suffering to investors in analysing and taking decisions, said Shaikh Shamsuddin Ahmed, a commissioner of the stock market regulator.

Even some of them do not publish their audited reports on their website despite the Bangladesh Securities and Exchange Commission (BSEC) has been asking them to update their data, he said.

Ahmed was speaking at a workshop on Exchange Traded Fund (ETF) organized by Capital Market Journalists' Forum at its office in Dhaka today.

 "They did not reply despite issuing repeated letters from the BSEC," Ahmed said.

However, the BSEC do not want to take any tough actions against them although the regulator has the power to do so, he said.

Ahmed also urged the listed companies should update their annual reports, audited reports and quarterly financial reports on their websites properly.