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Trading at the country’s premier bourse, the Dhaka Stock Exchange (DSE), has been delayed by one and a half hours for what authorities say is a “technical glitch”.
The trading will start at 11:00 am, instead of 9:30 am, as a continuous session.
Contacted, Shafikur Rahman, deputy general manager of DSE’s public relations department, confirmed that the reason for the delay was a “technical glitch."
Meanwhile, the Chittagong Stock Exchange opened today’s trading at the scheduled time of 9:30 am.
Last week, a technical glitch also disrupted trading activities on the DSE and forced the authorities to reduce the trading to only 1:43 hours instead of the regular 4:20 hours.
Trading at the DSE usually takes place from 9:30 am to 1:50 pm. But the trading came to a halt at 10:58 due to a technical glitch at the DSE trading engine.
The Bangladesh Securities and Exchange Commission (BSEC) formed a five-member body to probe the matter that disrupted trading.
The BSEC committee, led by its director, Abul Hasan, has been asked to submit a probe report within 30 working days.
Analysts say the market has been losing for the past few months and this kind of problem would send a negative message to potential investors.
Stock investors and brokerages were angry to see technical problems again and again on the DSE trading software.