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29 March 2024


Business Insider Bangladesh

Banks are closed, so the stock markets

BI Report || BusinessInsider

Published: 02:05, 13 April 2021  
Banks are closed, so the stock markets

The Bangladesh Securities and Exchange Commission (BSEC) has decided to shut down the country’s stock markets till the nationwide lockdown remains in force

The Bangladesh Securities and Exchange Commission (BSEC) has decided to shut down the country’s stock markets till the nationwide lockdown remains in force.

The move came minutes after the Bangladesh Bank on Monday announced to suspend the normal banking activities for a week.

A seven-day nationwide lockdown will be in force in the country from Wednesday to April 21 to contain the spread of the coronavirus pandemic.

“There will be no share trading until the banking activities resume,” BSEC spokesperson Mohammad Rezaul Karim told the Business Insider Bangladesh.

Last year, share trading had been suspended on the bourses from March 26 to May 30 due to the outbreak of the Covid-19 pandemic following the general public holiday declared by the government to curb the coronavirus.

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