Corona pulls bourses down: DSE to remain closed for 10 days

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Business Desk :
Trading and official activities on the DSE will remain closed from March 26 to April 4
 The trading and official activities on the country’s prime bourse Dhaka Stock exchange (DSE) will remain closed for 10 days from March 26 to April 4 in line with the government holiday, said its official statement on Tuesday.
Accordingly, trading and official activities on the DSE will remain closed from March 26 to April 4 as the government has declared general holiday during the period.
The government on Monday announced closure of all public and private offices from March 26 to April 4, including weekly holiday, as part of its efforts to contain the spread of novel coronavirus.
Corona pulls bourses down
Meanwhile, country’s premier bourse, Dhaka Stock Exchange (DSE) on Tuesday registered downbeat, after a single-day break, amid growing concern over COVID-19 pandemic. The broad index, DSEX closed at 3976.56 points on Tuesday with a fall of 8.18 points or 0.20 percent.
Besides, two selective indices, Blue Chip index, DSE30 and Shariah index, DSES also went down slightly by 0.03 points and 1.54 points to settle at 1323.77 points and 917.27 points respectively.
On Monday, the government declared a 10-day nationwide holiday from March 26 over the situation, shutting down government and private offices excepting essential and healthcare facilities.
The government also decided to shut down mass transportation, including train and river transportation, during the period to prevent the spread of coronavirus.
In line with government holiday, trading on bourses will also be closed on March 26 to April 4, said a DSE release.
Market turnover, another crucial indicator, stood at Taka 1.39 billion, which was lower over previous day’s mark of Taka 2.54 billion.
On the DSE trading floor, a total number of 23,152 trades were executed in Tuesday’s trading session with a trading volume of 38.30 million securities.

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