DSE, CSE cut trading hours for COVID-19

Bangla Tribune Desk
Published : 23:47, Mar 18, 2020 | Updated : 23:49, Mar 18, 2020

File photo shows a general view of the Dhaka Stock Exchange building.Country’s both the bourses – Dhaka Stock Exchange (DSE) and Chattogram Stock Exchange (CSE) reduced trading time by 1 hour which will be effective from Thursday (Mar 19).

DSE and CSE took this decision in the wake of growing concern over the impacts of COVID-19 pandemic, said separate press releases Wednesday (Mar 18).

DSE board of directors took this move Wednesday in a meeting. The CSE also will follow the DSE, reports BSS.

“Authority has reduced trading time in line with the government’s decision of shutting the schools and colleges as well as limiting meetings and public gatherings following the horrifying situation rendered across the globe by COVID-19,” said DSE.

Trading at the bourses will begin at 10:30am and continue until 1:30pm instead of 2:30pm. The new schedule will be continued until further notice, added the releases.

Normally, the capital market sees a four-hour trading from 10:30am to 2:30pm.

Both the bourses also encouraged the investors to conduct share transactions cautiously through mobile apps and online trading amid the ongoing situation.