Dhaka Stock Exchange(Generally known as DSE) is the main stock exchange of Bangladesh. It is located in Motijheel at the heart of the Dhaka city. It was incorporated in 1954.Dhaka stock exchange is the first stock exchange of the country. Motijheel is the principal commerical district of Dhaka city, capital of Bangladesh. ... Dhaka (previously Dacca; Bangla: ঢাকা Đhaka; IPA: ) is the capital of Bangladesh and the Dhaka District. ... Incorporation is: In business, incorporation is the creation of a corporation. ... 1954 (MCMLIV) was a common year starting on Friday of the Gregorian calendar. ...

History

It first incorporated as East Pakistan Stock Exchange Association Ltd in 28th April 1954 and started formal trading in 1956. It was renamed as East Pakistan Stock Exchange Ltd in 23rd June 1962. Again renamed as Dacca Stock Exchange Ltd in 13th May 1964. After the liberation war in 1971 the trading was discontinued for five years. In 1976 trading restarted in Bangladesh. In 16th September 1986 DSE All Share Price Index was started. The formula for calculating DSE all share price index was changed according to IFC in 1st November 1993. The automated trading was initiated in 10th August 1998. In 1st January 2001 DSE 20 Index was started. Central Depository System was initiated in 24th January 2004. East Pakistan was a former province of Pakistan which existed between 1955 and 1971. ... 1954 (MCMLIV) was a common year starting on Friday of the Gregorian calendar. ... Look up Trade in Wiktionary, the free dictionary Trade centers on the exchange of goods and/or services. ... 1956 (MCMLVI) was a leap year starting on Sunday of the Gregorian calendar. ... Sadarghat, one of the main ports of Dhaka Dhaka (previously Dacca; Bangla: ঢাকা), population 9,000,022 (2001), is the capital of Bangladesh. ... Combatants Mukti Bahini India Pakistan Commanders • General M A G Osmani • General Jagjit Singh Aurora General A. A. K. Niazi Strength India: 500,000+ Mukti Bahini: 100,000[1][2] Pakistan Army: 365,000 Paramilitary: 280,000[1] Casualties India: 1,426 KIA 3,611 Wounded (Official) Mukti Bahini: NA... 1971 (MCMLXXI) was a common year starting on Friday (the link is to a full 1971 calendar). ... 1976 (MCMLXXVI) was a leap year starting on Thursday. ... Wikipedia does not yet have an article with this exact name. ...

Formation

Dhaka Stock Exchange (DSE) is a public limited company. It is formed and managed under Company Act 1994, Security and Exchange Commission Act 1993, Security and Exchange Commission Regulation 1994, and Security Exchange (Inside Trading) regulation 1994. The issued capital of this company is Tk. 500,000 which is divided up to 250 shares each pricing Tk. 2000. No individual or firm can buy more than one share. According to stock market rule only members can participate in the floor and can buy shares for himself or his clients. At present it has 195 members. The initials PLC after a UK or Irish company name indicate that it is a public limited company, a type of limited company whose shares may be offered for sale to the public. ... The number of shares issued to the public in the primary market is known as issued capital. This is the portion of shares issued to shareholders. ... See stock (disambiguation) for other meanings of the term stock A stock, also referred to as a share, is commonly a share of ownership in a corporation. ...

Management

The management and operation of Dhaka Stock Exchange is entrusted on a 24 members council. Among them 12 are selected from DSE members and the rest 12 are selected from the following position:

• Bangladesh Bank
• Commerce Ministry
• Finance Ministry
• Law Ministry
• Industries Ministry
• President of Institute of Chartered Accountants of Bangladesh
• President of Federation of Bangladesh Chambers of Commerce and Industries
• President of Metropolitan Chambers of Commerce and Industries
• President of Supreme Court Bar Association
• President of Bankers and Insurance Society
• Chairman of Economics/Finance Department of Dhaka University

Bangladesh Bank is the central bank of Bangladesh. ... The Institute of Chartered Accountants of Bangladesh is a professional accountancy body in the Bangladesh. ... This article needs to be wikified. ...

See also

• Economy of Bangladesh

Fishing is an important source of income in Bangladesh Bangladesh has made significant strides in its economic sector since its independence in 1971. ...

External Links

• Dhaka Stock Exchange Official Site
• Article on Dhaka Stock Exchange, Banglapedia