What is the Dhaka stock exchange (dse)’
The Dhaka stock exchange (dse), located in Motijheel, Dhaka, is one of two financial markets in Bangladesh (the other being the Chittagong stock exchange). DSO was founded in 1954, and formal trading began in 1956. Initially, the exchange was called the East Pakistan stock exchange Association Ltd.; in 1962 the name was changed to East Pakistan stock exchange Ltd.; and two years later the name changed again to the current, Dhaka stock exchange Ltd. The Dhaka stock exchange is registered as open joint-stock company (PLC) and regulated by the Bangladesh securities and exchange Ordinance 1969, companies Act 1994 (Bangladesh) and the securities and exchange Commission (sec) act 1993 (Bangladesh).
(SFC) the penetration of the ‘Dhaka stock exchange’
The Dhaka stock exchange (dse) lists transactions in Bangladeshi Taka, which is the Currency of Bangladesh, and whose official international organization for standardization (ISO) code ISO 4217 currency BDT. In Taka was released in 1972, replacing the Pakistani rupee in the ratio of one to one. Companies listed on the Dhaka stock exchange primarily in Bangladesh. As of March 2018, DSE market capitalization (market cap) in adjusted U.S. dollars amounted to $38.47 billion, and the ratio of capitalization to gross domestic product (GDP) is an indication that the market is either below or above cost, compared with a historical ratio was 27.44 percent.
Endeavors Dhaka stock exchange is the leading exchange in its region and the main factor of economic growth. As such, the DSO actively about the pace of technical progress. This exchange is initiated by automated trading in 1998, and established a Central Depository system in 2004. Since its inception, the Dhaka stock exchange has sought to compete on the global stage of financial markets. He is aware that he needs to do in order to keep going towards that goal, and has set an ambitious schedule of tasks that it is designed to perform in the coming years, including
- Attracting foreign investors in order to achieve a stable level of at least 30 percent of the total market capitalization
- The achievement of a sustainable average daily turnover of BDT 25 billion.
- Ensure steady domestic and offshore institutional investments of at least three quarters of its total investment
- The increased supply by transferring state or municipal (Muni), and corporate bonds
- A doubling of the number of individuals listed securities of the company
- Increasing its volume, to offer index futures, exchange-traded funds (etfs), and derivatives
- The promotion of its technologies to enable global trade and settlement