
The Dhaka Stock Exchange began trading late on Sunday, starting at 11:30am instead of the usual 10:00am, due to a technical problem.
‘Trading activities at Dhaka Stock Exchange PLC were delayed on January 5, 2025, because of configuration problems in the centralised order management system, DSE FlexTP,’ stated a release signed by deputy general manager Shafiqur Rahman.
The press release said, ‘The DSE is apologising to the investors for the inconvenience.’
A DSE official, who preferred to remain unnamed, said that a three-member high level committee has been formed to investigate the cause of the configuration issues and to prevent these issues from happening in the future.
Earlier in the day, a notice on the DSE website stated that trading could not begin as scheduled ‘due to unavoidable reasons.’
Another update followed, saying, ‘The new trade start time will be announced later.’
Finally, the notice was updated to say, ‘Trading will begin at 11:30am today because of a technical issue.’
To compensate for the delay, the trading session was extended by 30 minutes, closing at 3.00pm instead of 2:30pm.
The usual trading session starts from 10.00am and continues till 2.30pm.
This is not the first technical problem faced by the DSE.
On March 10 last year, its website showed incorrect market data. Market indicators and graphs were not updated, making it impossible to know the actual market condition. Instead, the displayed index provided misleading information.
On March 11, a three-member inquiry team, led by acting managing director AGM Sattique Ahmed Shah, was formed to investigate that incident.
A DSE official said that the technical glitch on March this year occurred because of a clerical error.
The key index of the Dhaka bourse, DSEX, decreased by 34.44 points, or 0.66 per cent, and stood at 5165.16 points on Sunday.
The total turnover decreased to Tk 311.66 crore, from Tk 313.65 crore turnover on the previous session.