Dhaka, March 18 -- The Dhaka Stock Exchange Brokers Association (DBA) has urged Chief Advisor Muhammad Yunus to take the initiative to bring state-owned and multinational companies operating in Bangladesh to the capital market.

In a statement, the DBA said its President Saiful Islam made the request in a letter to the interim prime minister on Tuesday.

The letter highlights that the stock market has suffered from severe irregularities, mismanagement, and instability for 15 years, leaving many companies ineffective or failing.

It says the market has contracted by nearly 40 percent in terms of real returns and capital due to these issues.

The DBA noted that past unfavourable events, along with local and international geopolitical factor...