DSE trading halt for technical flaws STOCKS

Staff Reporter || 2021-07-18 03:02:54

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The share trading of the Dhaka stock exchange (DSE) remains to halt from 11.09 AM to now due to technical flaws. On the other hand, in the port city bourse Chittagong stock exchange (CSE) share trading is continuing normally. DSE officials said normal share trading is hampering due to the technical fall of the trading software of the stock exchange. The exchange IT department is trying to resolve the problems and resume trading added official. The official could not confirm how much time will be needed to resume trading. However, such problems are not new to the premier bourse. Occasionally investors have to deal with transaction problems. Earlier 18 august last year, investors were in big trouble after the launch of the updated version of the DSE website in the last session and it continued two days long. DSE informed that the update site will be very user-friendly and responsive, but investors suffered in those two days. Bangladesh Securities and Exchange Commission (BSEC) formed a 6-member expert committee to probe technical flaws that occurred in the Dhaka Stock Exchange website and trading systems. Dr Md Mustafizur, professor of Dhaka University's computer science and engineering (CSE) department, convened the committee while Md Sohidul Isalm, an assistant director of the BSEC, acted as the secretary. Before the technical flaws, indices of both stock exchanges witnessed an upward trend in the first-hour trading session on Sunday. The benchmark index of the Dhaka Stock Exchange (DSE), DSEX, rose by 0.36% to 6,330 points till 11:00 am today. Meanwhile, the turnover of the DSE stood at Tk520 crore during the corresponding period. In the first hour, 203 companies' share price advanced, while 147 declined and 21 remained unchanged at the DSE.

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