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Stocks soar as trading will go on amid lockdown


Stocks soar as trading will go on amid lockdown
Star Business Report
Star Business Report
Stocks soared by more than 100 points yesterday riding on hopes that trading would continue amid the current countrywide lockdown.
The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), rose 107 points, or 1.78 per cent, to 6,150.48.
Following an unprecedented climb in Covid-19 infections, the government recently announced a week-long strict lockdown from today.
After Bangladesh Bank decided that banking activities would continue on a limited scale during this period, the stock market regulator informed that the country s bourses would operate under similar conditions.
Before these decisions were made known, the Bangladesh Securities and Exchange Commission said the stock market would stay open during the lockdown if banks did too. As such, trading will now go on as usual until 1:00pm each day. ....

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