Chittagong Stock Exchange
From Wikipedia, the free encyclopedia
Chittagong Stock Exchange is a stock exchange located in the port city of Chittagong in southeastern Bangladesh. It was established in 1995 as the second stock exchange of the country. The exchange is located in the Agrabad commercial area of the city. It's a very small exchange which trade volume is less than many brokerage houses in Bangladesh.
Contents |
[edit] Timeline
- 1 April 1995 CSE incorporated as a company.
- 10 October Floor trading started in cry out system.
- 4 November 1995 formally opened by then former Prime Minister Begum Khaleda Zia.
- 30 May 2004 Internet based Trading system opened.
[edit] Trading Hours
Market opens at 11 am local time.
Market closes at 3 pm local time.
[edit] 2010-11 crash
Main article: 2011 Bangladesh share market scam
The bullish market turned bearish during 2010, with the exchange losing 1,800 points between December 2010 and January 2011.[1] Millions of investors have been rendered bankrupt as a result of the market crash. The crash is believed to be caused artificially to benefit a handful of players at the expense of the big players.[1]
[edit] See also
[edit] External links
[edit] References
- ^ a b "Probe panel finds massive manipulation at Bangla stock market". India Times. 7 April 2011. http://articles.economictimes.indiatimes.com/2011-04-07/news/29392594_1_debacle-manipulation-probe-committee. Retrieved 18 October 2011.
 |
This Bangladesh-related article is a stub. You can help Wikipedia by expanding it. |
