DSE trading resumes, Bangladesh’s stocks open positive

Last updated: May 25, 2015

Dhaka, Bangladesh (BBN)-Trading at the Dhaka Stock Exchange (DSE) resumed at 12:15pm on Monday after one hour and 45 minutes of suspension due to technical glitches.
Meanwhile, Both the DSE and CSE witnessed positive trend in the early hours of trading.
The DSE authorities decided to continue the trading from 12:15pm to 4:15pm Monday due to the disruption, Shafiqur Rahman, DSE general manager (DGM) of PR Department, told the BBN.
Trading at the prime bourse of Bangladesh usually continued for four hours beginning from 10:30am in every working day.
However, instruments on SPOT trading cycle will be tradable till 2:30pm to facilitate financial settlement within banking hour.
Earlier in the morning, a technical glitch halted share trading at DSE which was supposed to begin at 10:30am.
DSEX, the prime index of the DSE, went up by 51 points or 1.14 per cent to reach at 4,535 points, after first 10 minutes of trade when the report was filed at 12:25pm.
DSE turnover stands at Tk 513 million.
Of the issues traded till then, 118 advanced, 22 declined 18 issues remain unchanged.
Khulna Power Company Ltd (KPCL) was the most traded stocks with shares worth Tk 150 million changing hands followed by Sammit Allaince Port, Beximco, Saif Powertec and BSCCL.
On Sunday, a major technical glitch delayed trade on the DSE for nearly four hours and trading started at 2:20pm and continued till 4:00pm.
Meanwhile, the port city bourse – the CSE – opened on time and its Selective Category Index – CSCX – rose 123 points to stand at 8,581 points, also at 12:25pm.
Of the issues traded till then, 116 gained, 56 declined and 26 remained unchanged with a turnover value of Tk 645 million.

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