Stock markets to remain open during lockdown

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Business Desk :
The country’s stock markets -Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE)- will remain open during the 7-day nationwide lockdown, announced by the government in the wake of surging coronavirus cases.
“For the sake of the investors, the stock market will remain in operations if banks stay open during the lockdown,” DSE Deputy General Manager Shafiqur Rahman said a DSE statement on Saturday. He also urged the investors not to pay heed to any rumours.
“Amid the COVID-19 pandemic, if the banking activities remain open, for the sake of investors’ interest, the share trading at the country’s premier market will continue,” said the release.
The DSE management also urged the investors not to be panicked by the suspension of trading, it added.
Share trading at the Dhaka and Chittagong stock exchanges remained closed for 66 days last year due to COVID-19 pandemic and subsequent lockdowns. CSE also issued a press release in this regard.
Earlier in the day, Bangladesh government imposed a 7-day countrywide lockdown, starting from Monday, primarily as Covid-19 situation has taken a very dangerous turn here.
Last week, share market slumped amid rumours that the government is going to announce a general holiday due to spike in Covid-19 infection.

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