Dhaka, Bangladesh (BBN)-Trading at the Dhaka Stock Exchange (DSE) will remain closed for seven days from July 27 on the account of Eid-ul Fitr and weekly holidays.

The decision was taken at a meeting of the DSE board of directors held Tuesday at the DSE board room.

DSE chairman Justice Siddiqur Rahman Miah presided over the meeting.

“There will be no trading at the prime bourses between July 27 and 31 because of Eid holidays,” said a DSE statement posted on DSE website on Thursday.

Trading and official activities will resume on August 3 after the weekly holidays of August 1 and 2, it added.

Trading will also remain closed at the Chittagong Stock Exchange (CSE) during the holidays.

The DSE has cut trading and office hours during the ongoing holy month of Ramadan.

At present, trading begins at 10:30am and continues until 1:30pm, while office opens from 9:30am and continues to 4:30pm.

After the Eid holidays, trading and office hours will revert to the earlier schedule.

Normally, DSE trading opens at 10:30am and continues until 2:30pm, while offices remain open from 9:30am to 5:30pm, said the DSE statement.

BBN/BB/ANS-10July14-3:00pm (BST)