The country’s two stock exchanges will resume trading on Sunday after more than two month as the government relaxed shutdown, which was in force to contain the growing coronavirus outbreak.
Bangladesh is one of several countries those closed their capital markets the due to the global Covid-19 pandemic.
The Dhaka and the Chittagong stock exchanges had their last trading sessions on March 25.
Transactions at the Dhaka Stock Exchange will be conducted from 10:30 am to 1:30 pm from Sunday, the DSE said in statement.
Market analysts said the bourses have remained volatile most of the year with coronavirus outbreak causing a crisis in liquidity and confidence among the investors despite government’s initiatives to keep the market buoyant.
The market closures stopped the investors’ earnings, making their lives miserable, they added.
Analysts, however, insisted practicing social distance and complying with hygiene guidelines during the trading, settlement and office work to avoid contracting the deadly coronavirus
“When stock markets across the world are open, closure of our markets would give a negative signal to the investors” economist and market expert Prof Abu Ahmed told The Bangladesh Post.
Reopening markets will help investors to trade and sell their shares to earn their daily expenses, he added.
Investors went through financial hardship during the shutdown over coronavirus, said Ahmed appreciating the government’s decision to resume trading in the capital markets.
