Rule · BSEC · 7 Apr 2022
The Bangladesh Securities and Exchange Commission directs the Dhaka Stock Exchange Limited and the Chittagong Stock Exchange Limited to apply a 10% standard upward and downward price change limit, known as a circuit breaker, based on the reference price or previous trading day's closing price. This directive repeals condition (g) of Notification No. BSEC/SRMIC/94-231/Part-6/225 dated September 16, 2021. The rules take immediate effect.
বাংলাদেশ সিকিউরিটিজ অ্যান্ড এক্সচেঞ্জ কমিশন
"মুজিববর্ষের অঙ্গীকার
উন্নয়ন-অর্থায়নের উৎস হবে পুঁজিবাজার"
Notification
Dated, April 07, 2022
NO. BSEC/SRMIC/94-231/Part-6/345 - Whereas, the Bangladesh Securities and Exchange Commission (hereinafter referred to as the "Commission") deems it appropriate that in the interest of investors and the capital market, notification should be issued to the stock exchange(s) with regard to circuit breaker of Small Capital Platform of the stock exchange(s).
Now, therefore, in exercise of the power conferred by Section 20A of the Securities and Exchange Ordinance, 1969 (Ordinance No. XVII of 1969), the Commission hereby directs the Dhaka Stock Exchange Limited, the Chittagong Stock Exchange Limited to comply the followings, namely: -
(a) Standard upward and downward price change limits (circuit breaker) based on reference price/previous trading day's closing price shall be 10% until further order; and
(b) The condition no (g) of Notification No. BSEC/SRMIC/94-231/Part-6/225 dated September 16, 2021 shall be repealed hereby.
This shall have an immediate effect.
By Order of the Bangladesh Securities and Exchange Commission
(Signature)
Professor Shibli Rubaiyat-Ul-Islam
Chairman
Securities Commission Bhaban, E-6/C Agargaon, Sher-e-Bangla Nagar Administrative Area, Dhaka-1207, Bangladesh Phone (PABX): +88-02-55007131-2, Fax: +88-02-55007106, Email: info@sec.gov.bd, Web: www.sec.gov.bd
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