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DSE trade halted on tech glitch

A technical glitch forced suspension of share trade on the premier
bourse for more than two hours yesterday. The trading, which usually
continues from 10 :00 am to 2 :00 pm everyday, came to a halt from 1
:35 pm to 3 : 45 pm. However, it resumed on the Dhaka Stock Exchange
at 3 :45 pm and closed at 4 :00 pm. DSE's Chief Technology Officer
ASM Khairuzzaman informed journalists that the trade stopped because
of a problem in the trading server, which was pointed out by some
brokerage houses. These houses complained that they were not
receiving trading confirmation from the main server, Khairuzzaman
said. Meanwhile, stocks finished in the red for a third straight day.
Benchmark index of the prime bourse, DSE General Index, fell by 48.89
points, or 1.64 percent to 2 , 917.06. The DSE All Share Price
Index also dropped by 40.96 points, or 1.64 percent to 2 , 442.85.
The losers beat the advancers 179 to 45. Three securities remained
unchanged. A total of 3 ,38 ,65 ,108 shares worth Tk 561.65 crore
were traded on the DSE. Beximco topped the turnover leaders, with 18
,98 ,900 shares worth Tk 57.51 crore being traded, followed by Titas
Gas, AB Bank, Summit Power, Beximco Pharma, Grameen Mutual Fund One:
Scheme Two, LankaBangla Finance, Rupali Life Insurance and AIMS 1 st
Mutual Fund. Chittagong stocks also fell yesterday. The CSE
Selective Categories Index slid by 103.99 points, 1.6 percent to 6
, 357.09. The CSE All Share Price Index also declined by 172.73
points, or 1.67 percent to 10 , 138.38. A total of 56 ,53 ,376
shares worth Tk 75 crore changed hands on the Chittagong Stock
Exchange. Of the traded securities, 21 advanced, 123 declined and
three remained unchanged. AB Bank topped the turnover leaders on the
port city bourse with 1 ,11 ,290 shares worth Tk 11.42 crore being
traded. Other turnover leaders were Beximco, Beximco Pharma, Rupali
Life Insurance, Bextex, Grameen Mutual Fund One: Scheme Two, Titas
Gas, AIMS 1 st Mutual Fund, LankaBangla Finance and Shinepukur
Ceramics.