BANGLADESH

Dhaka Stock Exchange authorities believe that the High Court rule, which seeks explanation on a Securities and Exchange Commission order that makes holding two percent shares by directors mandatory, will not impact trading in the capital market.

Soon after the High Court issued the rule on Sunday, DSE called an emergency meeting where it was decided that the trading would be stopped, but later they changed their mind.

DSE president Rakibur Rahman, after the meeting, urged the investors not to panic over the High Court ruling.

DSE officials will sit with attorney general Mahbubey Alam at 9am on Monday to discuss the SEC order, Rakibur said. "The SEC direction will have to be implemented."

DSE director Ahsanul Islam also expressed hope that the rule will not impact the market.