Business Desk :
From today, stock market trading in Bangladesh will start at 9:30 am, half an hour earlier than the stipulated schedule.
The Bangladesh Securities and Exchange Commission (BSEC) took the decision on Tuesday in order to reduce electricity consumption in this sector.
As per the new trading hour, the market will open at 9:30 am instead of 10 am and end at 1:50 pm instead of 2 pm, the BSEC said in a circular.
The trading hour has been brought forward as per the instruction of the cabinet division as well as in line with the new schedule of banking hours, it said.
Post-closing session of the trading will be from 1.50 pm to 2 pm.
Earlier on Monday, the government fixed new office hours for all government and autonomous institutions from 8:00am to 3:00pm to tackle the ongoing energy crisis.
The cabinet made the decision at its weekly meeting with Prime Minister Sheikh Hasina in the chair on Monday.
Besides, the cabinet set a two-day weekly holiday for the educational institutions.
Cabinet Secretary Khandker Anwarul Islam briefed the reporters about the decision after the meeting at the Bangladesh Secretariat in Dhaka.
