Bangladesh, Nov. 12 -- In capitalistic economy stock market is considered the mirror of economic condition of a country as economic boom and recession are reflected through bull and bear condition of the stock market. Stock index plays the role of country's economic barometer although growth is determined from changes in gross domestic product (GDP). The theory holds good in developed economies but not in emerging ones including ours where stock index does not always reflect the country's economic condition.
During the last one decade, Bangladesh's economy has consistently developed maintaining GDP growth rate at around 7.0 per cent and above, whereas stock market remains more or less stagnant. Since the last crash in 2010, the share price...