Country’s bourses resumed their regular trading yesterday with a positive note after the trade suspension for above two months in response to defeat Covid-19 pandemic.
DSEX, the key index of Dhaka Stock Exchanges (DSE), increased 1.30% or 52.15 points to reach 400.44 points. Meanwhile, the Chittagong Stock Exchange (CSE) also ended higher with its All Shares Price Index (CASPI) advancing 141 points or 1.25% to close at 11,469 points.
However, turnover plunged to Tk143 crore on the DSE, falling 59% over the last session’s of Tk348 crore on March 25.
Among the traded issues 60 gained, 68 declined and 195 remained unchanged during the session in DSE while 31 gained, 24 declined and 54 remained unchanged in CSE.
The two stock exchanges remained closed since March 26 to May 28, as the government announced general holidays as part of its efforts to contain the spread of the novel virus.
On March 19, BSEC launched a new circuit breaker to halt the free-fall that yielded positive outcome in the indexes.
The new emergency circuit breaker rule was set so that the prices of securities do not go below their average prices from the previous five sessions – from March 19. ♦
