Investors suffer from technical errors, misleading information in DSE – 2024-03-11 19:36:57

by times news cr

2024-03-11 19:36:57

The main capital market of the country, Dhaka Stock Exchange (DSE) website has again experienced a technical error. The website of DSE is showing misleading information about the index from the time the transaction starts to the time it closes. As a result, investors are not able to know the real condition of the capital market. Investors are complaining that they are suffering from various misleading information.

The confusion appeared on the website at the start of the first working day of the week on Sunday (March 10). Trading started at the stock exchange at 10 am. From then on the website started showing wrong information. According to the information provided on the website at 10:10 am, the DSE index DSEX fell by 6 thousand 12.36 points or 99.99 percent to 0.39 points from the previous day. But till then, 226 companies’ shares have been traded in the market, of which 159 companies’ share prices have increased, which is 70.32 percent of the companies that participated in the transaction.

At the time discussed, the position of Shariah index DSES was shown to be 0.04 points, which is 1 thousand 335.84 points or 99.99 percent less than the previous day. On the other hand, the DS30 index of the largest 30 companies in terms of market capitalization is shown at 2,96.57 points, which is 2.23 points or 0.106 percent higher than the previous day. However, by 10:30 p.m., the website showed zero information on all the valuable three. Meanwhile, there was no information on the graph of the index till 10:30 pm.

Meanwhile, the DSEX index was shown to be up 141 points on the DSE website at the end of trading after 2.30 pm. But the main indicator was negative 5 thousand 971 points, which is completely misleading information. Similarly, the Shariah DSES index is shown to have increased by 30 points. But the main indicator was negative 1 thousand 340 points, this is also completely misleading information. Besides, the DS30 index has also been shown to have increased by 2083 points. But the main indicator was negative 10 points, which is also completely misleading information.

Meanwhile, a message on the DSE website at 10:24 am said that due to an operational error, the DSE website is displaying misleading information. For this, investors are requested not to be confused by the index. However, the message was withdrawn after an hour.

When asked about the information confusion on the website till 4 pm, Deputy General Manager and Public Relations Officer of the Publication Department of DSE said. Shafiqur Rahman told RisingBD that a technical error occurred on the DSE website from Sunday morning. DSE’s IT team is working to solve this problem since morning. Apart from this, the Board of Directors of DSE is holding a meeting in this regard. DSE will provide updated information on this soon.

In this regard, General Secretary of Bangladesh Capital Market Investors Oikya Parishad Kazi Abdur Razzak told RisingBD that since morning, investors have complained to us that misleading information is being given on the website. We have spoken to the DSE authorities in this regard. They said, IT team of DSE is working. It will be informed later if the problem is solved.

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