DHAKA, Jan. 10 (Xinhua) -- Bangladesh's inventory economical regulator Monday suspended trading on the county's two bourses plus premier Dhaka Stock Exchange (DSE) in the wake of a include cost autumn in history, an official said.
The Securities and Exchange Commission (SEC) received the decision "to safeguard the financial of the miniature investors." a SEC official imparted upon Xinhua on purchase of anonymity.
The SEC decision came at roughly 12 p.m. local minute when the chief benchmark index of the premier bourse slumped by 617 points.
The benchmark Dhaka Stock Exchange General Index (DGEN) slipped 660.43 points or 9.26 per cent to 6,474.59 at the end of on hand one- hour trading of Sunday's finish.
The index registered first record yet single-day collapse in history on Sunday, plummeting by 600.20 points at the end of the four-hour trading session.
Earlier the peak lessen in a single day was on Dec. 19 the previous year when DGEN slipped 551.77 points or 6.73 per cent to conclusion at 7, 654.41.
In a bid to reach a decision the market, the SEC on Sunday afternoon lifted the bank mortgage ceiling of 100 million taka (about 1.43 million U.S. dollars) for doing it in the inventory economy and eased a multitude of a larger number of restrictions but people steps of the regulator can not thwart the market worth erosion on Monday.
