Global Financial Crisis Fear Bang Local Investors

The Stock Market Yesterday Suffered A Heavy Decline. Dhaka Stock Exchange And The Securities And Exchange Commission   Held A Joint News Briefing At The DSE Premises To Calm The Market Jitters. “Historically, There Is No Relationship Between Our Capital Market And Global Capital Markets,” Said Farhed Ahmed, Executive Director Of SEC. “ Investors Should Not Worry Too Much About Any Fallout From The Global Financial Crisis On The Local Stock Market” Said Salahuddin Ahmed Khan, Chief Executive Officer Of DSE The DSE General Index, The DSE All Share Price Index Dropped 68.99 Points, Or 2.83 Percent, To 2366.46 Points. The Bangladesh Bank Told The WB That A Lingering Crisis Would Weigh On Exports And Foreign Investments Earlier In A Letter To The World Bank, The Central Bank Discounted The Impact Of The Global Financial Crisis On Local Banks, But Said A Prolonged Turmoil Would Adversely Affect The Economy The WB Sought To Keep Itself Posted On 6 Points: 1.Exposure Of Local Banks To Troubled Banks Abroad 2. Liquidity Constraints 3. Solvency Positions And Non-Performing Loans 4. Potential Losses Of Foreign Operations Of Banks 5.Short-Term Capital Inflows 6.And Stock Market.