Trading on the Dhaka Stock Exchange (DSE) is set to resume from May 10 after a 46-day break due to the Covid-19 pandemic.
The DSE board of directors in a virtual meeting on Thursday agreed in principle to resume trading on the bourse, said Minhaz Mannan Emon, one of the directors of the premier bourse.
Mr Emon also said trading on the bourse will resume following approval from the Bangladesh Securities and Exchange Commission (BSEC).
He noted that brokers and small investors are the worst sufferers now, as the stock market has been closed since March 26 amid the coronavirus outbreak.
The brokers are passing through a critical time, as they do not have any income, but have to pay salary to their employees ahead of the Eid-ul-Fitr.
He opined that the foreign investors are also getting a negative message for prolonged closure of trading on the bourse.
The DSE management is working to resume trading on May 10, he added.
The Chittagong Stock Exchange (CSE) is yet to decide on trade resumption. However, the CSE generally follows the DSE.
The country’s two bourses have been closed since March 26, as the government announced general holiday and lockdown as part of its efforts to contain the spread of deadly coronavirus outbreak.
