Wednesday, May 1, 2013

Stock Exchange in Bangladesh

 Stock Exchange is the very essential part to increase financial development of every country. Stock Exchange  is a specific place where buyer and seller can buy their share or stock together and Security exchange commission  is established by the government to defines working process of the capital market, rules and policies under which will be operated the stock exchange market.

There are two stock exchange in Bangladesh .such as
Dhaka Stock Exchange (DSE)
Chittagong Stock Exchange (CSE)

Dhaka Stock Exchange :

Dhaka Stock Exchange is the first stock exchange in Bangladesh . it is located the central point and industrial area at Motijheel in Dhaka . it is established in 1954 as East Pakistan Stock Exchange Association Ltd .



In 1962 Pakistan government rename as East Pakistan Stock Exchange Ltd and again rename as Dacca Stock Exchange Ltd in 1964. Dacca Stock Exchange is completely stopped  trading for five years after liberation war of Bangladesh.
In 1976 Bangladesh government restart Dacca stock Exchange for trading capital market.
In 1986 Bangladesh government rename the stock exchange as Dhaka Stock exchange    and start new calculating and share price index system according to IFC in 1993. At first Dhaka stock exchange include above 760 listed companies and cross near about 8510 points.  
In 2012 stock Exchange is completely crashed for corruption high official authority of Bangladesh government . As a result more than 1000000 lac investors lost their money.

Chittagong Stock Exchange :


Chittagong Stock Exchange is the second Stock Exchange in Bangladesh. It is established in January 1995 by the Bangladesh government . in 12th February 1995 Chittagong Stock Exchange has given permission by the Security exchange commission   in Bangladesh. CSE is finaly start trading 10th October in 1995 and 4th November in 1995 Chittagong Stock Exchange is Formally inauguration by former Prime minister  Begum Khaleda Zia. It is located diplomatic zone at Agrabad in Chittagong.

In 1995 Chittagong Stock Exchange  works  effective and efficient transparent capital market in order to raise capital , accelerate industrial growth , easy and accurate transactions ,Provide an large  investment opportunity ,develop and capital market analysis .It is opened  online Trading  system in 2004.
 In2011- 2012 Chittagong Stock Exchange is also completely crashed like DSE  for corruption high official authority of Bangladesh Stock Exchange .

So we hope that as soon as possible Bangladesh government should take more step to profitable the Stock Exchange In Bangladesh .