Published on 12:00 AM, August 24, 2022

Stock trading hours brought forward by 30 minutes

Trading hours of Bangladesh's stock market have been brought forward by 30 minutes in order to reduce the pressure on energy consumption, according to a circular from the Bangladesh Securities and Exchange Commission (BSEC).

As such, trading hours will now begin at 9:30am instead of 10:00am and end at 1:50pm instead of 2:30pm.

The BSEC decided to introduce the new trading hours, which will take effect from today, in line with instructions from the Cabinet Division and Bangladesh Bank to reduce banking hours, the circular said.

The post-closing trading session, where investors can buy and sell shares based on a fixed predetermined price that is discovered after the closing of the normal trading session, will take place from 1:50pm to 2:00pm each day.

In addition, the BSEC encouraged the use of digital platforms for all trade related activities.

The government rescheduled office hours and increased weekly holidays for educational institutions in a cabinet meeting on Monday as a part of its efforts to save electricity.

So, all government and autonomous offices will now run from 8:00am to 3:00pm while banks will be open from 9:00am to 4:00pm.