Bangladesh
3 months ago

Trading time increased by an hour

DSE website to come back alive today

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The bourses announced that trading time will be increased by an hour from today (Sunday).

The new trading time will be from 10:00 am to 2:00 pm, still half an hour less than the usual trading hours. The normal trading hour is 10:00 am to 2:30 pm, which was cut down to 3 hours from 11:00 am to 2:00 pm on July 24.

The announcement came after the government declared new timing for state-run offices.

The government offices will be open from 9:00 am to 3:00 pm for the next three days -- from Sunday to Tuesday -- this week.

Public Administration Minister Farhad Hossain said banks, insurance companies and courts will set their own office timing. After Tuesday, the office timing will again be adjusted according to the changes to curfew time.

The stock market remained closed for three days to Tuesday last week as bank transactions remained closed due to public holidays.

The government announced general holidays amid unrest and subsequent curfew enforced since July 19 at midnight as anti-quota protests and violence spread across the country, leaving more than 200 people dead.

Public offices started operations on a limited scale on Wednesday after the general holidays.

Meanwhile, the website of the Dhaka Stock Exchange was made inaccessible on Friday upon a cyber alert to stave off any possible attack.

The decision was made by the Bangladesh Securities and Exchange Commission (BSEC) to protect sensitive market data, said DSE acting managing director Satvik Ahmed Shah. The website will come alive today, he added.

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