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Chittagong Stock Exchange
The Chittagong Stock Exchange ( bn, চট্টগ্রাম স্টক এক্সচেঞ্জ) is a stock exchange based in the port city Chittagong, Bangladesh. It is one of the twin financial hubs of the country, alongside the Dhaka Stock Exchange. Established in 1995, the exchange is located in the Agrabad business district in downtown Chittagong. It has a combined market capitalization 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. *4 November 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 ren ...
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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 the issue and redemption of such securities and instruments and capital events including the payment of income and dividends. Securities traded on a stock exchange include stock issued by listed companies, unit trusts, derivatives, pooled investment products and bonds. Stock exchanges often function as "continuous auction" markets with buyers and sellers consummating transactions via open outcry at a central location such as the floor of the exchange or by using an electronic trading platform. To be able to trade a security on a certain stock exchange, the security must be listed there. Usually, there is a central location for record keeping, but trade is increasingly less linked to a physical place as modern markets use electronic communic ...
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Chittagong Tea Auction
Chittagong Tea Auction center was established on 16 July 1949. Teas manufactured throughout Bangladesh are sold in bulk to buyers through an open auction which is conducted once a week. During each tea season, 45 auctions are held at this auction center. Bangladesh's tea industry is regulated under the supervision of the Bangladesh Tea Board. Bangladesh Tea Board's governance also extends over the following associations: Tea Traders Association of Bangladesh (TTAB) and Bangladesh Tea Association (BCS). Tea Traders Association of Bangladesh (TTAB) is responsible for organizing and controlling the Chittagong Tea Auction to ensure swift and transparent sale of tea. The tea auction takes place every Tuesdays and the sale is conducted by Tea Brokers. Under TTAB there are seven authorized tea brokers which are as follows: National Brokers, Purba Bangla Brokers, Unity Brokers, Produce Brokers, K.S. Brokers, Progressive Brokers and Planters Brokers. Among these seven tea brokers, National B ...
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Financial Services Companies Established In 1995
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability asses ...
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Economy Of Chittagong
The Economy of Chittagong is reflected in its gross state product of $116 billion in PPP terms ranking, second in size only behind Dhaka in Bangladesh. The nominal GDP of Chittagong metropolitan city is $43 billion. Chittagong metropolitan City is the second largest metropolitan city in Bangladesh. Chittagong is the export hub of Bangladesh, accounting for more than $38 billion in exports. Chittagong is the commercial hub of country.Chittagong is also home to the busiest port in the country. History The excavation of Neolithic fossils and tools in Sitakunda, Chittagong District, indicates the presence of Stone Age settlements in the region as early as the third millennium BCE. The earliest historical records of the Port of Chittagong date back to the 4th century BC, when sailors from the area embarked on voyages to Southeast Asia. The 2nd century Graeco-Roman geographer Ptolemy mentioned the port on his map as one of the finest harbours in Asia and the eastern frontier of the ...
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Stock Exchanges In Bangladesh
In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company is divided, or these shares considered together" "When a company issues shares or stocks ''especially AmE'', it makes them available for people to buy for the first time." (Especially in American English, the word "stocks" is also used to refer to shares.) A single share of the stock means fractional ownership of the corporation in proportion to the total number of shares. This typically entitles the shareholder (stockholder) to that fraction of the company's earnings, proceeds from liquidation of assets (after discharge of all senior claims such as secured and unsecured debt), or voting power, often dividing these up in proportion to the amount of money each stockholder has invested. Not all stock is necessarily equal, as certain classes ...
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Companies Listed On The Chittagong Stock Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Companies Based In Chittagong
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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List Of Stock Exchanges In The Commonwealth Of Nations
This is a list of active stock exchanges in the Commonwealth of Nations (Full Members). The Commonwealth of Nations features member-states located on all major continents and represents almost one-third of the Earth's population. Some states have signed agreements establishing multi-state regional stock exchanges while other larger states may hold more than one, or even specialised stock exchanges. Among the list include the conceptualized Commonwealth free trade area, and nations which make up the proposed CANZUK-bloc. Regulators * Financial regulation * Securities Commission * Securities exchange * List of financial regulatory authorities by country * Regulation D (SEC) See also * List of stock exchanges in the United Kingdom, the British Crown Dependencies and United Kingdom Overseas Territories * List of Commonwealth of Nations countries by GDP * Sustainable Stock Exchanges Initiative * List of stock market indices * List of stock exchanges in Africa * List of stock ...
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List Of South Asian Stock Exchanges
This is a list of Asian stock exchanges. In the Asian region, there are multiple stock exchanges. As per data from World Federation of Exchanges, below are top 10 selected in 2020: * Shanghai Stock Exchange, China * Tokyo Stock Exchange, Japan * Hong Kong Stock Exchange, Hong Kong * Shenzhen Stock Exchange, China * Bombay Stock Exchange, India * National Stock Exchange, India * Korea Exchange, South Korea * Taiwan Stock Exchange, Taiwan * Singapore Exchange, Singapore * The Stock Exchange of Thailand, Thailand Asian stock exchanges by UN subregion List of Asian stock exchanges by UN subregion. Central Asia Eastern Asia Northern Asia Southeast Asia Southern Asia Western Asia See also *Federation of Euro-Asian Stock Exchanges * List of stock exchanges References External links Information pages for each of India's stock exchanges at Surf India {{DEFAULTSORT:South Asian Stock Exchanges, List Of Stock Exchanges A stock exchange, securities ...
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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 the number of common shares outstanding. Since outstanding stock is bought and sold in public markets, capitalization could be used as an indicator of public opinion of a company's net worth and is a determining factor in some forms of stock valuation. Description Market capitalization is sometimes used to rank the size of companies. It measures only the equity component of a company's capital structure, and does not reflect management's decision as to how much debt (or leverage) is used to finance the firm. A more comprehensive measure of a firm's size is enterprise value (EV), which gives effect to outstanding debt, preferred stock, and other factors. For insurance firms, a value called the embedded value (EV) has been used. It is also ...
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Chittagong
Chittagong ( /ˈtʃɪt əˌɡɒŋ/ ''chit-uh-gong''; ctg, চিটাং; bn, চিটাগং), officially Chattogram ( bn, চট্টগ্রাম), is the second-largest city in Bangladesh after Dhaka and third largest city in Bengal region. It is the administrative seat of the eponymous division and district. It hosts the busiest seaport on the Bay of Bengal. The city is located on the banks of the Karnaphuli River between the Chittagong Hill Tracts and the Bay of Bengal. The Greater Chittagong Area had a population of more than 5.2 million in 2022. In 2020, the city area had a population of more than 3.9 million. One of the world's oldest ports with a functional natural harbor for centuries, Chittagong appeared on ancient Greek and Roman maps, including on Ptolemy's world map. It was located on the southern branch of the Silk Road. In the 9th century, merchants from the Abbasid Caliphate established a trading post in Chittagong. The port fell to the Muslim co ...
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Agrabad
Agrabad ( bn, আগ্রাবাদ) is a downtown commercial and financial area in Chattogram, the second largest city of Bangladesh. Located close to the city's harbor, it hosts numerous Bangladeshi and international businesses, banks, financial institutions, and other commercial entities. The Chattogram Chamber of Commerce & Industry, the World Trade Center, and the Chattogram Stock Exchange are most prominent of them. The area forms part of the Double Mooring precinct and is directly connected to the Port of Chattogram. Badam-tali, Agrabad Access Road, Sk Mujib Road, Sabdar Ali Road etc. are some of the important commercial streets located in central Agrabad. The city's other commercial hubs Strand Road, and Sadarghat are also situated nearby. History The area was originally a village which was incorporated into the city in 1947. After the end of colonial rule, the modern financial district developed during the 1950s. Commercial activities Many of Bangladesh' ...
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