Chittagong Stock Exchange
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The Chittagong Stock Exchange ( bn, চট্টগ্রাম স্টক এক্সচেঞ্জ) is a stock exchange based in the port city Chittagong,
Bangladesh Bangladesh (}, ), officially the People's Republic of Bangladesh, is a country in South Asia. It is the eighth-most populous country in the world, with a population exceeding 165 million people in an area of . Bangladesh is among the mos ...
. It is one of the twin financial hubs of the country, alongside the
Dhaka Stock Exchange The Dhaka Stock Exchange (DSE) ( bn, ঢাকা স্টক এক্সচেঞ্জ ''Dhaka stôk ekschenj''), located in Nikunja, Dhaka, is one of the two stock exchanges of Bangladesh, the other being the Chittagong Stock Exchange. I ...
. Established in 1995, the exchange is located in the
Agrabad Agrabad ( bn, আগ্রাবাদ) is a downtown central business district, commercial and financial area in Chattogram, the second largest city of Bangladesh. Located close to the city's harbor, it hosts numerous Bangladeshi and internati ...
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 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 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 ce ...
*
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 ...
*
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 ha ...


References


External links

*
Bangladeshstockmarket
* Companies based in Chittagong Agrabad Chittagong Economy of Chittagong Financial services companies established in 1995 1995 establishments in Bangladesh Finance in Bangladesh {{Bangladesh-stub