Sharebarta24.com: Before Eid-ul-Azha, transactions will be done in the capital market till 2.30 pm as per the previous rules. It will also be open on Sundays. In view of the restrictions imposed by the second phase of the lockdown from July 8 to July 14, Bangladesh Bank extended the banking period but kept Sunday on the list of weekly holidays. As a result, capital market transactions were closed on Sunday.
Bangladesh Bank on Tuesday issued new guidelines for easing restrictions ahead of Eid. Under the new guidelines, the bank will remain open on Sunday. As a result, bank transactions will continue from 10 am to 4 pm on Thursday, July 15, Sunday, July 18, and Monday, July 19.
BSEC Commissioner Sheikh Shamsuddin Ahmed said in this regard, the timing of capital market transactions is being determined in coordination with the bank’s transactions. It will be the same again. He said that in this case, the capital market transactions will continue till 2.30 pm. The capital market will also be open on Sunday.
The government issued a circular on Tuesday relaxing restrictions on coronavirus infections from next Thursday. The ongoing second round of shutdown ends on Wednesday. With Eid-ul-Azha in front, all kinds of restrictions will be relaxed from July 15 to 22.
Immediately after the bank’s decision to lock down the coronavirus infection, the capital market regulator BSEC has been announcing a new schedule for capital market transactions in coordination with bank transactions.
BSEC chairman Shibli Rubaiyat-ul-Islam is not in favor of shutting down the capital market in a lockdown or shutdown; On the contrary, he has been saying from the very beginning that the capital market should be kept open in line with the transaction schedule of the bank.
Earlier, after changing the schedule of the bank’s activities during the shutdown from July 1 to 6, the time limit for new transactions in the capital market was changed by two points and finalized at around 12 midnight.
In the ongoing lockdown, the bank’s transactions are going on from 10 am to 2.30 pm. And capital market transactions are going on from 10 am to 2 pm, which will remain in force till Wednesday. In the Corona situation, after the announcement of the lockdown on April 5, the capital market transactions continued till 12 noon. The transaction has been going on like this till April 12.
Later, when the government again announced an ‘all-out lockdown’ from April 14, the capital market transaction period was extended by half an hour in coordination with the bank’s transactions; The transaction is done till 12 noon. The deadline was extended from April 6 to half past one in the afternoon. At the end of the last 30 May from 10 am to 2:30 pm full time trading in the capital market.
Source: Share Barta 24 by www.sharebarta24.com.
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