January 17, 2012 8:29 PM

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B'desh: stock exchange authorities decides to resume trading

In Bangladesh, the stock exchange authorities have decided to resume trading on Wednesday at the Dhaka and Chittagong stock exchanges after today's sudden suspension for over half of the business session. The authorities of the two bourses suspended regular trading minutes before midday, fearing unusual fall in share prices due to confusion over media reports about a government decision on investments by public servants in the stock exchange. The Chittagong Stock Exchange authority also took a similar decision within ten minutes of trading. Alarmed investors took to the streets to protest against the fall in the indices and price volatility in the stock markets. Meanwhile, the government has clarified that the Cabinet on Monday has neither taken a decision on any new rule nor brought any amendment to the existing rule, barring government servants from investing in the stock market.

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