The stock market regulator will withdraw the market’s floor price as soon as the economy reaches a stable condition and investments of investors are secured, said a top official of the Bangladesh Securities and Exchange Commission (BSEC) today.
Floor price will be lifted once economy stabilises: BSEC chief thedailystar.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thedailystar.net Daily Mail and Mail on Sunday newspapers.
While no other country uses floor price to stop a share price fall, Bangladesh has launched it as a market intervention mechanism claiming it was to save small investors.