Chittagong Stock Exchange
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The Chittagong Stock Exchange () is a
stock exchange A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments. Stock exchanges may also provide facilities for ...
based in the port city Chittagong, Bangladesh. It is one of the twin financial hubs of the country, alongside the
Dhaka Stock Exchange The Dhaka Stock Exchange (DSE) ( ''Dhaka stôk ekschenj''), located in Nikunja, Dhaka, is one of the two stock exchanges of Bangladesh, the other being the Chittagong Stock Exchange. In January 2023, DSE and Nasdaq announced their partnership ...
. Established in 1995, the exchange is located in the Agrabad business district in downtown Chittagong. It has a combined
market capitalization Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the market price per common share multiplied by ...
of over US$ 38 billion as of 2020.


Timeline

*1 April 1995, CSE incorporated as a company. *10 October Floor trading started in cry out system. *10th October 1995, formally opened by then former Prime Minister Begum Khaleda Zia. *30 May 2004, Internet based Trading system opened. *8 July 2015, CSE launched new brand logo.


Trading hours

Market opens at 09:30 am local time. Market closes at 01:50 pm local time.


2010-11 crash

The bullish market turned bearish during 2010, with the exchange losing 1,800 points between December 2010 and January 2011. 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.


See also

* Chittagong Tea Auction * List of South Asian stock exchanges * List of stock exchanges in the Commonwealth of Nations


References


External links

*
Bangladeshstockmarket
* Companies based in Chittagong Agrabad
Chittagong Chittagong ( ), officially Chattogram, (, ) (, or ) is the second-largest city in Bangladesh. Home to the Port of Chittagong, it is the busiest port in Bangladesh and the Bay of Bengal. The city is also the business capital of Bangladesh. It ...
Economy of Chittagong Financial services companies established in 1995 1995 establishments in Bangladesh Finance in Bangladesh {{Bangladesh-stub