The Dhaka bourse posted a profit of Tk 27 crore for the financial year that ended on June 30, down 72 per cent year-on-year, according to the year’s unaudited financial statement. Trading on the country’s twin bourses was on hold from March 26 to May 30 as part of the government’s efforts to flatten the curve on coronavirus. And before the shutdown, turnover on the bourses was muted as jittery investors stayed away. This meant the DSE incurred a huge loss in the last quarter of the financial year, he added. The DSE’s revenue in the 2019-20 financial year stood at Tk 157 crore, down 28 per cent year-on-year.

Source: Dhaka Tribune November 23, 2020 04:07 UTC