Dhaka Stock Exchange

Dhaka Stock Exchange was established, when Bangladesh was still known as East Pakistan, i.e. before it got its independence. It is the main share market of Bangladesh. Dhaka Stock Exchange has its headquarters in Dhaka, in the Motijheel area. It started trading in the year 1956. It was set- up as a share market, especially for the domestic traders.

The Stock Exchange at Dhaka has certain functions, which are as follows:

to provide the screen based automated trading of listed securities
market administration and control
investors protection fund
market surveillance
announcement of price sensitive stocks, or other information about listed companies online



The Exchange now follows the automated trading system. The Stock Exchange in Dhaka is a public limited company. Presently it has 230 members. As per rules, no individual or firm can buy more than one share. Again, only members can participate in the floor and can buy shares for himself and his clients. Dhaka Stock Exchange is managed by a 24 member council.



Amongst these, 12 are from the stock exchange itself. The remaining 12 are from other administrative and banking bodies, like the Finance Ministry, Commerce Ministry, President of Bankers and Insurance Society to name a few.

The trading session consists of phases like the Enquiry session and others. No share trading is carried out during this time. Only previous orders can be withdrawn in these sessions. The Opening Session is a single- price auction time. All buying and selling orders are compared, and attention is given to the calculation as well as the open-adjust prices. Dhaka Stock Exchange follows these procedures to trade, which makes it an important exchange in the Stock Market .

Some of the important shares it works with are ABBANK and HEIDELBCEM, to mention a few examples. Thus the Dhaka Stock Exchange, by offering impetus to the growth of the country?s economy is fast on the tracks of becoming a Major Stock Market of the World.