Bangladesh bourses extend trading hours by 30 minutes

  • Staff Correspondent, bdnews24.com
    Published: 2020-08-06 18:19:31 BdST

bdnews24

Bangladesh's stock exchanges have extended trading hours by 30 minutes to four and a half hours for the first time, effective from Aug 9.

Trading on the Dhaka Stock Exchange and Chattogram Stock Exchange will now start at 10 am and end at 2.30 pm, the bourses said in separate statements on Thursday.

After operating on a revised schedule during the pandemic, the bourses restored the usual four-hour trading time from 10:30am to 2:30pm on Jul 8.

“Bangladesh bourses never got four and a half hours’ trading period before. Such extension has been made for the first time as far as I know,” Sharif Anwar Hossain, the chairman of DSE Brokers Association or DBA, told bdnews24.com.

Welcoming the move, DSE Director Shakil Rizvi told bdnews24.com: “It’s a landmark decision sought by the companies on the stock market for a long time. It will help increase transactions.”