Trading at DSE Comes to a Standstill Due to a Technical Glitch

Trading At DSE Comes To A Standstill Due To A Technical Glitch

Since 10:58 AM, trading at the Dhaka Stock Exchange (DSE) has come to a halt due to technical difficulties, as reported by the authorities. Top officials of the country’s premier bourse are looking into the matter and have assured that trading will resume as soon as possible. However, this did not sit well with stock investors, as they have expressed much frustration and anger over the repeated technical issues at DSE. 

Yesterday, the DSEX, the benchmark index of the DSE, dropped 47 points, or 0.75 per cent, to reach 6,344 by the end of the day. Today, before the glitch occurred, the DSEX went down by another 32.92 points, or 0.51 per cent, and settled at approximately 6,311. Moreover, of the issues traded before 10:58 AM, 79 were declined, 25 were advanced, and 199 remained the same. If we compare this to Sunday, 17 securities were advanced, 119 were declined, and 223 were left unchanged. Meanwhile, the turnover stood at BDT 2.28 billion before the halt, whereas it was BDT 78.5 million on the previous day and BDT 97.2 million on the day before. 

However, trading at the Chittagong Stock Exchange (CSE) has remained unaffected. As of 12:15 PM, the Chittagong All Share Price Index (CASPI) lost over 96 points and came down to 18,623, while the Chittagong Selective Categories Index (CSCX) settled to 11,161 after losing more than 58 points. As it stands, of all the issues traded till 12:15 PM, 49 have been declined, 18 were advanced, and 81 remained the same, with a turnover value of BDT 57 million.

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