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The Financial Express

Bourses to continue trading if bank operations remain unaffected

| Updated: April 03, 2021 19:26:49


Bourses to continue trading if bank operations remain unaffected

Trading and settlements at both the bourses will be continued if the banks provide their services amid covid-19 pandemic or any other situation, officials said on Saturday.

In a statement, Dhaka Stock Exchange (DSE) said trading at the premier bourse would be continued if the banks’ operations remain unaffected.

“Investors have been urged to refrain from any kind of rumours regarding trading during the pandemics. Trading will be continued if the banks remain open,” said the release of the DSE.

Echoing the DSE, the Chittagong Stock Exchange (CSE) said transactions and settlements at the port city would also be continued based on the banks’ services.

“Trading will not be closed if the banks remain open,” said the CSE managing director Mamun-Ur-Rashid.

Asked whether the duration of trading hour would be reduced, Mr. Mamun said everything would depend on the services of the banks.

“We are yet to be informed of any change in bank hours. So, now it’s not possible to speak about the possibility of reducing the trading hour,” said the managing director of the port city bourse.

Following the outbreak of covid-19, the trading and settlement activities on the bourses remained closed for 66 days in 2020.

Then the trading was closed in line with the public holidays announced to contain the spread of covid-19.

Trading at the bourses remained closed since March 26 to May 30, 2020. Later, trading and transactions resumed on both the bourses on May 31, 2020.

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