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A joint committee of Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) Monday agreed to seek permission from the regulatory body on resuming trading on Saturdays.
"We have decided to place the proposal in our respective board of directors' meetings and then we will seek permission from the SEC to resume trading on Saturdays," a DSE source told the FE.
Trading at both the bourses on Saturdays has been remaining suspended since early September of 2005 when the government declared two-day weekly holidays instead of one day.
"Our trading volume has been affected due to two days of holiday and that's why we are in favour of Saturday trading," a DSE director said.
Monday's meeting was also attended by chief executive officer (CEO) of the Central Depository Bangladesh Ltd (CDBL) MH Samad.
Besides, DSE Senior Vice President Ahmad Rashid and two CEOs of DSE and CSE attended.
The meeting also agreed to revise the settlement period to facilitate trading on Saturdays the meeting.
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