No strategies have been taken to boost the floor price. For the past couple of days, a lot of debate and feedback on social media, which is unclear.
A huge drop in the market as a result of the rumor has created panic among investors. Therefore, the index was down at the start of trading on Monday, October 10. However, the regulatory body Bangladesh Securities and Exchange Commission (BSEC) is not thinking about boosting the floor price. BSEC Chairman Professor Shibli Rubayat-Ul Islam affirmed the matter to the news media.
As per the sources, all investors think about the safety of the investment. That commission is sure not to hurt the floor price at this point. So the commission is not thinking about raising the floor price at this point.
Before this, another round of demands was lifted regarding the raising of the floor price. By this, many people think that a company is trying to market to buy shares at a low price. However, the Commission did not raise the protection of investors. At that time, on August 11, the commission said through a post on its own Facebook that the floor price in shares to continue until further instructions.
According to the BSEC sources, the floor price was fixed on July 28 in consideration of the market situation. Which came into effect on July 31 and is still in force.
