Chittagong Stock Exchange

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Chittagong Stock Exchange
চট্টগ্রাম স্টক এক্সচেঞ্জ
Type Stock Exchange
Location Chittagong, Bangladesh
Founded 1995
Owner Chittagong Stock Exchange Limited
Key people Mr. Al Maruf Khan [President]
Currency Taka
No. of listings 250
Market cap US$ 30billion
Indexes CSE30
CSCX
CASPI
Website www.cse.com.bd

The Chittagong Stock Exchange (Bengali: চট্টগ্রাম স্টক এক্সচেঞ্জ) is a stock exchange based in the port city of Chittagong, Bangladesh. It is one of the twin financial hubs of the country, alongside the Dhaka Stock Exchange. Established in 1991, the exchange is located in the Agrabad business district in downtown Chittagong. It has a combined market capitalization of US$ 30 billion as of 2013.

Timeline[edit]

  • 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.

Trading hours[edit]

Market opens at 10:30 am local time.

Market closes at 02:30 pm local time.

2010-11 crash[edit]

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]

See also[edit]

References[edit]

  1. ^ a b "Probe panel finds massive manipulation at Bangla stock market". India Times. 7 April 2011. Retrieved 18 October 2011. 

External links[edit]