DSE relaunches website, stocks hit 15-month low

The Dhaka Stock Exchange yesterday relaunched its website in an effort to make it more user-friendly and generate income using the site as an advertisement platform.

While investors can get market-related information more easily and smoothly, local and international institutions can post their advertisements on the website, whose size and view has been made larger than the previous ones.

The key feature of the website is its indices graph, as one can see the time and value of the indexes just by putting the pointer on the graph, a feature which was not available in the earlier website.

Addresses of the premier bourse's website, however, remain the same -- www.dsebd.org and www.dse.com.bd -- but their resolution has been increased to 1,024 pixels from 800 pixels before.

Inaugurating the website, DSE Chairman Siddiqur Rahman Miah said the site has been updated in continuation with a new and fast automated trading system.

The DSE in December last year introduced the new trading software, replacing the previous one, which was faulty, to ensure smooth share transactions. 

NASDAQ OMX, the world's largest exchange company based in the US, provided the main part -- matching engine -- while FlexTrade Systems provided the order management system at the brokers' end.

Any investor from home and abroad can now get market-related data and information accurately in the shortest period of time, the DSE chairman said.

Swapan Kumar Bala, managing director of the bourse, however, said upgradation of the website will continue and the final updated version will be launched in July. “We will also introduce a mobile app so that investors can watch the website on their mobile phones without any disruption,” he said.

The DSE launched its website in 2000 as part of the automated trading system, and then updated it several times. 

Meanwhile, stocks declined for the second day yesterday, with DSEX, the benchmark index of Dhaka bourse, hitting a 15-month low of 4,305.26 points, after falling 40.62 points or 0.93 percent.