Market Holidays on DSE 2024
- New Year’s Day – January 1, 2024 (Monday)
- Eid-ul-Fitr – March 31, 2024 (Sunday)
- Bengali New Year – April 14, 2024 (Sunday)
- May Day – May 1, 2024 (Wednesday)
- Eid-ul-Adha – July 20, 2024 (Saturday)
- National Mourning Day – August 15, 2024 (Thursday)
- Ashura – September 18, 2024 (Wednesday)
- Durga Puja – October 4, 2024 (Friday)
- Victory Day – December 16, 2024 (Monday)
- Christmas Day – December 25, 2024 (Wednesday)
Dhaka Stock Exchange DSE Holidays 2024
Dhaka Stock Exchange (DSE) Holidays 2024
As the primary hub of financial activity in Bangladesh, the Dhaka Stock Exchange (DSE) serves as a cornerstone of the nation’s economic landscape. Understanding the holiday schedule of the DSE for 2024 is essential for investors, traders, and businesses looking to navigate the Bangladeshi market effectively.
Overview of Dhaka Stock Exchange (DSE)
Founded in 1954, the Dhaka Stock Exchange has played a pivotal role in facilitating the trading of stocks, bonds, and other securities in Bangladesh. With a commitment to fostering transparency, innovation, and investor protection, the DSE has emerged as one of the largest and most active stock exchanges in South Asia. It provides investors with a platform to participate in the country’s economic growth and diversify their investment portfolios.
Significance of DSE Holidays
DSE holidays mark days when trading activities on the exchange are suspended. These holidays, typically aligned with national, religious, or cultural observances, provide market participants with valuable time to pause, reflect, and recharge. Understanding the DSE holiday schedule is crucial for investors and traders to plan their trading strategies effectively, manage risks, and ensure compliance with regulatory requirements.
What investors need to know about holidays on DSE Exchange
Dhaka Stock Exchange (DSE) is the main securities exchange in Bangladesh. It is located in the capital city of Dhaka and serves as a platform for the trading of stocks, bonds, and other securities. Like any other stock exchange in the world, the DSE has a set of holidays when trading is closed. In this article, we will discuss the Dhaka Stock Exchange DSE Holidays for 2024.
The DSE is closed on all weekends, which are Saturday and Sunday. Apart from the weekends, there are several holidays throughout the year when the DSE remains closed. These holidays include both public and stock exchange-specific holidays.
The first holiday in 2024 will be the New Year’s Day, which falls on January 1st. The DSE will remain closed on this day, and there will be no trading activity. The next holiday will be the Shaheed Day and International Mother Language Day on February 21st. The DSE will remain closed on this day as well.
The next holiday will be the Independence Day on March 26th. This day commemorates Bangladesh’s declaration of independence from Pakistan in 1971. The DSE will remain closed on this day, and there will be no trading activity. Following this, the Bengali New Year or Pohela Boishakh on April 14th will also be observed as a holiday, and the DSE will remain closed.
The next holiday will be the May Day or International Workers’ Day on May 1st. The DSE will remain closed on this day, and there will be no trading activity. The Eid-ul-Fitr, one of the most important religious festivals in Bangladesh, will be celebrated on different dates, depending on the appearance of the moon. Typically, the DSE remains closed for three days during Eid-ul-Fitr, and the dates will be announced later.
The DSE will remain closed on August 15th, which is National Mourning Day. This day marks the anniversary of the assassination of the Father of the Nation, Bangabandhu Sheikh Mujibur Rahman, and most businesses and offices remain closed. The next holiday will be the Eid-ul-Adha, another significant religious festival in Bangladesh. Like Eid-ul-Fitr, the dates for Eid-ul-Adha will be announced later, but typically the DSE remains closed for three days.
The DSE will remain closed on September 10th, which is Ashura, a significant day for the Muslim community. The next holiday will be the Victory Day on December 16th. This day marks the victory of Bangladesh over Pakistan in the Liberation War of 1971. The DSE will remain closed on this day, and there will be no trading activity.
In conclusion, the Dhaka Stock Exchange (DSE) has a set of holidays when trading is closed. These holidays include both public and stock exchange-specific holidays. As an investor, it is essential to keep track of these holidays to plan your investment strategy accordingly. The above dates are based on the information available at the time of writing this article and are subject to change.
