‘Glitch’ causes DSE site to show 98pc fall

Business Report :
A suspected technical glitch has caused the Dhaka Stock Exchange website to show an unprecedented 98 per cent fall in its key index.
After daylong confusion, the DSE on Sunday evening apologised for the “operational glitch that caused the DSE index to show abnormal stats throughout the day”.
It said the bourse continued its efforts to resolve the issue after an emergency meeting with New York-based stock exchange Nasdaq, which provides the DSE with trading technology.
A 3-member inquiry committee has been formed to investigate technical flaws that occurred by the ‘glitch’ in the Dhaka Stock Exchange (DSE) website on Sunday.
DSE Chief Financial Officer and Chief Operating Officer (current charge) AGM Satvik Ahmed Shah will lead the three-member probe committee.
The committee has been given three days to submit their findings.
Stock investors suffered for technical glitch that hit the website of the DSE at the beginning of today’s trading.
The indices of the DSE were showing “unusual” data due to the operational error.