DSE, CSE remain closed


FE Team | Published: August 24, 2007 00:00:00 | Updated: February 01, 2018 00:00:00


FE Report
The country's stock exchanges -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- remained closed Thursday due to imposition of curfew.
The caretaker government clamped down the curfew Wednesday night in the capital and other divisional cities after a campus violence spread into streets. The curfew was, however, lifted for three hours Thursday from 4.0 pm to 7.0 pm.
Talking to the FE, Chief Executive Officer (CEO) of the DSE Salahuddin Ahmed Khan said the trading on the DSE will begin after the return of normalcy in the country.
"It will depend on the situation," he said, but refused to make any further comment.
On Wednesday, the last trading session of the week, shares on the DSE fell in thin trade as student violence that spread across the country dampened the sentiment of investors, market operators said.
They said prices of majority shares declined pulling down all the market indices by nearly 1.5 per cent.
There was selling pressure in the market as investors, wary about the student movement, refrained from buying shares, they said.
On Wednesday last, DSE-General Index (DGEN), All Shares Price Index (DSI) and DSE-20 Index (DS20) dipped 33.018 points, 29.442 points and 23.178 points to close at 2335.799, 1939.864 and 1914.210 respectively.
The total turnover declined to Tk 1.441 billion from Tk 1.560 billion on the previous day. The total market capitalisation also dropped to Tk 546.315 billion from its previous Tk 553.174 billion.

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