Dhaka, Bangladesh (BBN)– Different government organizations including the Investment Corporation of Bangladesh (ICB) on Monday bought shares worth BDT 2.11 billion at the Dhaka Stock Exchange to keep market stable.

The ICB and its subsidiaries, three state-owned commercial banks (SCBs) –Janata, Agrani and Sonali – and clients of the ICB purchased the shares, officials confirmed.

Shares worth around BDT 2.35 billion were also bought through the ICB on Sunday.

The government financial institutions including SCBs have halted possible massive slides in the share market in the last two days, they added.

BBN/SI/AD-18Jan11-9:55 am (BST)