Professional Documents
Culture Documents
TypeStock Exchange
Location Dhaka, Bangladesh
Founded 1954
Owner Dhaka Stock Exchange Limited
Key people Mr. Md. Shakil Rizvi[President, DSE]
Currency Taka
No. of listings
750
MarketCap US$ 50.28billion [1]
Contents
[hide]
• 1 History
• 2 Formation
• 3 Management
• 4 Trading
• 5 See also
• 6 References
• 7 External links
[edit] History
It first incorporated as East Pakistan Stock Exchange Association Ltd in 28 April 1954 and
started formal trading in 1956. It was renamed as East Pakistan Stock Exchange Ltd in 23 June
1962. Again renamed as Dacca Stock Exchange Ltd in 13 May 1964. After the liberation war in
1971 the trading was discontinued for five years. In 1976 trading restarted in Bangladesh. In 16
September 1986 was started. The formula for calculating DSE all share price index was changed
according to IFC in 1 November 1993. The automated trading was initiated in 10 August 1998.
In 1 January 2001 was started. Central Depository System was initiated in 24 January 2004. As
of November 16, 2009, the benchmark index of the Dhaka Stock Exchange (DSE) crossed 4000
points for the first time, setting another new high at 4148 points.
[edit] Formation
Dhaka Stock Exchange (DSE) is a public limited company. It is formed and managed under
Company Act 1994, Security and Exchange Commission Act 1993, Security and Exchange
Commission Regulation 1994, and Security Exchange (Inside Trading) regulation 1994. The
issued capital of this company is Tk. 500,000 which is divided up to 250 shares each pricing Tk.
2000. No individual or firm can buy more than one share. According to stock market rule only
members can participate in the floor and can buy shares for himself or his clients. At present it
has 230 members. Market capitalization of the Dhaka Stock Exchange reached nearly $9 billion
in September 2007 and $27.4 billion in Dec 9, 2009.
The major functions are:
- Listing of Companies.(As per Listing Regulations).
- Providing the screen based automated trading of listed Securities.
- Settlement of trading.(As per Settlement of Transaction Regulations)
- Gifting of share / granting approval to the transaction/transfer of share outside the
trading system of the exchange (As per Listing Regulations 42)
- Market Administration & Control.
- Market Surveillance.
- Publication of Monthly Review.
- Monitoring the activities of listed companies. (As per Listing Regulations).
- Investors grievance Cell (Disposal of complaint bye laws 1997).
- Investors Protection Fund (As per investor protection fund Regulations 1999)
-Announcement of Price sensitive or other information about listed companies
through online.
[edit] Management
The management and operation of Dhaka Stock Exchange is entrusted on a 25 members Board
of Director. Among them 12 are elected from DSE members, another 12 are selected from
different trade bodies and relevant organizations. The CEO is the 25th ex-officio member of the
board. The following organizations are currently holding positions in DSE Board:
• Bangladesh Bank
• ICB
• President of Institute of Chartered Accountants of Bangladesh
• President of Federation of Bangladesh Chambers of Commerce and Industries
• President of Metropolitan Chambers of Commerce and Industries
• Professor of Finance Department of Dhaka University
• President of DCCI (Dhaka Chamber of Commerce and Industry)
Mr. Md. Shakil Rizvi is the current president of DSE.
[edit] Trading
The Dhaka Stock Exchange is open for trading Sunday through thursday between 11:00am –
3:00pm BST, with the exception of holidays declared by the Exchange in advance.
The history of the Dhaka Stock Exchange (DSE) dates back to 1952 when the local government
deemed it necessary to establish a stock exchange because Pakistani shares and securities were
prohibited from being bought or sold on the Calcutta Stock Exchange (CSE). Up until this point,
Pakistan had been trading quite profitably on the CSE and had no need to establish their own
stock exchange department. In response to the prohibition the Provincial Industrial Advisory
Council made the decision to establish a stock exchange in Eastern Pakistan.
Initially it was suggested that instead of creating an independent stock exchange, a branch of the
Karachi Stock Exchange be opened at Dhaka. However this proposal was very unpopular with
representatives from East Pakistan who felt that it was necessary to create a completely new
stock exchange in Dhaka. This is what eventually happened with different members of the stock
exchange purchasing membership cards at the price of RS.2000. There were two proposed
locations for the stock exchange – Dhaka and Chittagong – but in the end it was decided that
Dhaka was the most suitable location. An organizing committee was established to further set up
the DSE and invitations were sent out to determine what sort of interest there would be in the
proposed stock exchange. The response was overwhelming and on the 7th of July 1953 a
meeting was held with roughly 100 interested persons attending. Of these, eight men were
selected to promote the stock exchange the DSE was officially formed shortly afterwards. The
DSE was moved to its current location in 1959.
Currently the main functions of the Dhaka Stock Exchange are the listing of companies, the
settlement of trading, the providing of a screen based automated trading of listed securities,
market administration, market surveillance, market control, the production of a monthly review
publication, the granting of approval to transactions, the monitoring of activities of listed
companies to ensure that they stay in line with listing regulations, the investigation of grievances,
the announcement of information about listed companies and the maintenance and use of the
investors protection fund.
Chittagong
BACKGROUND
The Chittagong Stock Exchange (CSE) began its journey in 10th October of 1995 from
Chittagong City through the cry-out trading system with the promise to create a state-of-the art
bourse in the country.
Founder members of the proposed Chittagong Stock Exchange approached the Bangladesh
Government in January 1995 and obtained the permission of the Securities and Exchange
Commission on February 12, 1995 for establishing the country's second stock exchange. The
Exchange comprised of twelve Board members, presided by Mr. Amir Khosru Mahmud
Chowdhury (MP) and run by an independent secretariat from the very first day of its inception.
CSE was formally opened by then Hon'ble Prime Minister of Bangladesh on November 4, 1995.
MISSION
The Chittagong Stock Exchange believes that a dynamic, automated, transparent stock exchange
is needed in Bangladesh. It works towards an effective, efficient and transparent market of
international standard to serve and invest in Bangladesh in order to facilitate the competent
entrepreneurs to raise capital and accelerate industrial growth for overall benefit of the economy
and keep pace with the global advancements.
OBJECTIVES
• Develop a strong platform for entrepreneurs raising capital;
• Provide a fully automated trading system with most modern amenities to ensure: quick,
easy, accurate transactions and easily accessible to all;
• Undertake any business relating to the Stock Exchange, such as a clearing house,
securities depository center or similar activities;
• Develop a professional service culture through mandatory corporate membership;
• Provide an investment opportunity for small and large investors;
• Attract non-resident Bangladeshis to invest in Bangladesh stock market;
• Collect preserve and disseminate data and information on stock exchange;
• Develop a research cell for analyzing status of the market and economy.
All Category
ISSUES ADVANCED : 81
ISSUES DECLINED : 173
ISSUES UNCHANGED : 3
TOTAL ISSUES TRADED : 257
A Category (Equity)
ISSUES ADVANCED : 42
ISSUES DECLINED : 134
ISSUES UNCHANGED : 2
TOTAL ISSUES TRADED : 178
B Category (Equity)
ISSUES ADVANCED : 1
ISSUES DECLINED : 10
ISSUES UNCHANGED : 0
TOTAL ISSUES TRADED : 11
G Category (Equity)
ISSUES ADVANCED : 0
ISSUES DECLINED : 0
ISSUES UNCHANGED : 0
TOTAL ISSUES TRADED : 0
N Category (Equity)
ISSUES ADVANCED : 1
ISSUES DECLINED : 4
ISSUES UNCHANGED : 1
TOTAL ISSUES TRADED : 6
Z Category (Equity)
ISSUES ADVANCED : 11
ISSUES DECLINED : 23
ISSUES UNCHANGED : 0
TOTAL ISSUES TRADED : 34
ISSUES ADVANCED : 25
ISSUES DECLINED : 1
ISSUES UNCHANGED : 0
TOTAL ISSUES TRADED : 26
ISSUES ADVANCED : 1
ISSUES DECLINED : 1
ISSUES UNCHANGED : 0
TOTAL ISSUES TRADED : 2
ISSUES ADVANCED : 0
ISSUES DECLINED : 0
ISSUES UNCHANGED : 0
TOTAL ISSUES TRADED : 0
TOTAL TRANSACTIONS
1. EQUITY : 2597681128279.40
2. MUTUAL FUND : 31254465000.00
3. DEBT SECURITIES : 408616115525.00
TOTAL : 3037551708804.40
A Group (Equity)
----------------
B Group (Equity)
----------------
Instr Code Open High Low Close %Chg Trade Volume
Value(Mn)
G Group (Equity)
----------------
N Group (Equity)
----------------
Z Group (Equity)
----------------
MUTUAL FUNDs
------------
CORPORATE BONDs
---------------
========================
===
213348 89549132
15866.251
Instr Code Max Price Min Price Trades Quantity Value(In Mn)
Instr Code Max Price Min Price Trades Quantity Value(In Mn)
Notes.
1. Advanced, Declined and Unchanged are calculated based on Last Traded Price
and Yesterday's Closing Price.
6. DSE- 20 INDEX (DS 20) INCLUDES: A.M.C.L Pran, ACI Limited, Apex Tannery
Ltd,
Bangladesh Lamps Limited, Bata Shoe Company (Bangladesh) Ltd., BATBC,
Beximco Pharmaceuticals Ltd., BOC Bangladesh Limited, Dhaka Bank Limited,
GQ Ball Pen Industries Ltd., Islami Bank Bangladesh Ltd., Meghna Cement
Mills Ltd., Monno Ceramic Industries Ltd., National Bank Ltd., Prime Bank
Ltd.,
Singer Bangladesh Ltd., Southeast Bank Ltd., Square Pharmaceuticals Ltd.,
Square Textile Ltd., Uttara Finance.
**As available from Automated Trading System, Authorized user can download.
Sea
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The general index of DSE gained 14.89 points or 0.81 per cent to
close at 1857.80, while the blue chips index, DSE20, advanced by
13.56 points or 0.90per cent to close at 1522.90.
http://www.newagebd.com/busi.html
Tmac
http://www.newagebd.com/busi.html
Tmac
The continuous upward trend also drew the retail investors to the
trading floor, said a broker.
Along with turnover, the price indices also shot up led by shares
of bank and power sectors. The DSE General Index jumped by
49.15 points, or 2.61 percent, finishing the day at 1927.05 points
while the DSE All Share Price Index went up by 33.55 points, or
2.12 percent, ending at 1616.09 points.
http://www.thedailystar.net/2007/05/21/d70521050153.htm
Tmac
The daily average turnover of DSE further rose by 22.24 per cent
to Tk 1.442 billion (144.2 crore) from Tk 1.179 billion.
"Institutions have been very active in recent days and they are
buying blue-chip issues," a DSE source said.
The other two indices, DSE General Index (DGEN) and All
Share Price Index (DSI) gained 38.95 points and 30.25 points
respectively.
"All the top institutions like AB Bank, IDLC, Prime Finance and
Dhaka Bank have attracted a lot of investors through disbursing
loans to buy shares in recent days and it gave a very good signal
to the market," a DSE source said.
Apart from loan facilities, the institutions are also buying shares
of banks, power and other sector issues considering the better
profit margins.
BRAC Bank and Power Grid were the first and second turnover
leaders with Tk 858.98 million and Tk 856.74 million accounting
for 11.91 per cent and 11.88 per cent respectively of the total
trading.
http://www.financialexpress-bd.com/i...=62210&spcl=no
Tmac
Banglabir
Previously, there was only one index that included all securities
of the stock exchange. Starting with a base of 350 points, the
index rose as high as 3648.75 points on November 5, 1996 when
the market witnessed a 'bubble and bust'.
The DSE All Share Price Index was reintroduced on March 28,
2005 and the DSE-20 was introduced on January 1, 2001.
The DSE All Share Price Index went up by 36.76 points, or 2.26
percent, to close at 1658.36 points.
http://www.thedailystar.net/2007/06/01/d70601050154.htm
Tmac
http://www.thedailystar.net/2007/06/10/d70610050965.htm
Tmac
All Shares Price Index (DSI), DSE-20 Index (DS20) and DSE
General Index (DGEN) increased by 58.363 points, 31.029 points
and 37.979 points to close at 1678.338, 1817.946 and 2028.826
respectively.
http://www.financialexpress-bd.com/i...=64225&spcl=no
Tmac
All Shares Price Index (DSI), DSE-20 Index and DSE General
Index (DGEN) gained by 10.913 points, 13.529 points and 11.949
points to close at 1696.018, 1849.342 and 2074.549 respectively.
The investors also felt encouraged to buy the shares as the central
bank penalised the UCBL along with two other banks for
violating the related rules in constitution of their boards.
"Investors now feel that the UCBL will hold the AGM regularly
and also pay dividends," a DSE source said.
http://www.financialexpress-bd.com/i...=64836&spcl=no
Tmac
Analysts said rally in share prices and the inclusion of some new
companies with the market push up the market capitalisation.
The DSE general index in the last week gained 58.27 points or
2.87 per cent to close at its all-time high at 2087.10 on Thursday,
while its blue chips index, DSE20, advanced by 40.08 points or
2.20 per cent to close at 1858.03.
Dutch-Bangla Bank topped the gainers with 50.93 per cent rise in
its share price while Rupali Bank was the worst loser witnessing
14.98 per cent fall.
http://www.newagebd.com/busi.html
Tmac
Zaki
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Zaki
June 26th,
2007, 07:32 #12
PM
Tmac DSE turnover rises to Tk 2.34b
Dhaka-
Ottawa-DC The total turnover on the Dhaka Stock Exchange (DSE) Tuesday whopped to Tk
2.344 billion, the highest ever amid a continued rally of share prices.
The turnover crossed Tk 2.0 billion-mark on the day after a 23 days' gap when the
bourse last witnessed the surge on June 3.
The rally of stock prices on the day was led by banking issues with the enhanced
participation of local institutions and portfolio investors. The total turnover was Tk
Join Date: 1.707 billion Monday.
Apr 2004
Location: The trading of the bourse first crossed Tk 1.0 billion-mark on January 18 this year.
Princeton,
NJ Of the total turnover, a total of Tk 37.83 million was traded in block transaction in
Posts: which NBL was at the helm with Tk 32.80 million traded in the block market on the
6,985 day.
A strong buying support both from retail, institutional and portfolio investors
propelled the daily average turnover to new heights, DSE sources said.
Share floatation of some good companies including telecommunications, power, gas
and energy are in the pipeline for investment on the stock markets. This is also
responsible for higher transaction on the DSE, a DSE source said.
The injection of money on the stock market has been maintaining a steep rise
mainly due to lower interest rates in the banks and higher inflow of remittances, he
said.
The trend of the market is showing that the turnover will increase further, market
operators hoped.
DSE General Index or DGEN, All Shares Price Index or DSI and DSE-20 Index or
DS20 gained by 20.348 points, 26.151 points and 14.305 points close to 2149.269,
1770.364 and 1891.569 respectively.
Out of 209 traded issues, prices of 106 gained, 78 declined and 25 remained
unchanged.
Power Grid was the top turnover leader with trading issues worth at Tk 175.399
million followed by Desco at Tk 140.800 million, BRAC Bank at Tk 108.768
million, Heidelberg Cement at Tk 101.378 million, Southeast Bank at Tk 88.370
million, Pubali Bank at Tk 86.933 million, NBL at Tk 81.766 million, Shahjalal
Bank at Tk 76.864 million, Exim Bank at Tk 69.432 million and Prime Bank at Tk
65.407 million.
Prices of Southeast Bank rose by 2.08 per cent at Tk 490.25, Pubali Bank by 5.28
per cent at Tk 746.75, NBL by 0.11 per cent at Tk 848.00, Shahjalal Bank by 6.56
per cent at Tk 235.50, Exim Bank by 4.79 per cent at Tk 398.50, Prime Bank by
1.80 per cent at Tk 818.25, AB Bank by 5.68 per cent at Tk 1497.75, the City Bank
by 5.46 per cent at Tk 579.00, Dhaka Bank by 5.80 per cent at Tk 524.00, Peoples
Insurance by 6.49 per cent at Tk 274.75, Pragati Life Insurance by 9.04 per cent at
Tk 515.25, Rupali Bank by 10.25 per cent at Tk 1730.50, Social Investment Bank
by 4.19 per cent at Tk 1898.00 and Heidelberg Cement gained by 5.18 per cent
close at Tk 1120.00.
http://www.thefinancialexpress-bd.co...s&news_id=2508
Tmac
Over the years, awareness of the investors grew up and they gained
confidence in the stock market for entry of some big companies
under power and banking sectors, he said.
He said the market got a boost with the recent Investor Conference
where portfolio investors and non-resident Bangladeshi (NRB)
investors showed enthusiasm to invest in the country's growing
stock market.
http://www.thefinancialexpress-bd.co...s&news_id=3090
Tmac
http://www.thefinancialexpress-bd.co...s&news_id=4169
Tmac
View Public Profile
Of the total 200 listed issues traded at the DSE floor, 93 posted
gains, 86 declined and 21 remained unchanged while out of
112 listed issues traded on the CSE floor, 52 advanced, 50 fell
and 10 remained unchanged.
http://www.newagebd.com/busi.html
Tmac
Of the total 232 issues traded at the DSE in last week, 116
advanced, 96 declined and 20 remained unchanged. Forty-
two issues recorded no transaction during the period.
Rupali Bank topped the gainers’ list with 27.71 per cent rise
in its share price.
http://www.newagebd.com/busi.html
Tmac
http://www.newagebd.com/busi.html
Tmac
http://www.bloomberg.com/apps/news?p...Fc&refer=india
Tmac
http://www.newagebd.com/busi.html
Tmac
"So far, I know the work for offloading the shares of the JMB
in the stock market has been progressing fast," he said.
http://www.thefinancialexpress-bd.co...&news_id=13151
Tmac
View Public Profile
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