Dhaka Stock Exchange

The Dhaka Stock Exchange, located in Motijheel, Dhaka, is one of the two stock exchanges of Bangladesh. In 2010, the combined market capitalization of listed companies on the Dhaka bourse stood at over $ 50 billion.HistoryFirst incorporated as East Pakistan Stock Exchange Association Ltd in 28 April 1954 and started formal trading in 1956. It was renamed as East Pakistan Stock Exchange Ltd in 23 June 1962. Again renamed as Dacca Stock Exchange Ltd in 13 May 1964. After the liberation war in 1971 the trading was discontinued for five years. In 1976 trading restarted in Bangladesh, Wed September 16th, 1986 DSE was started. The formula for Calculating DSE all share price index was changed According To IFC Wed, November 1st, 1993. The automated trading was initiated in 10 August 1998 and started on 1 January 2001. A Central Securities Depository System was initiated in 24 January 2004.As of November 16, 2009, the benchmark index of the Dhaka Stock Exchange (DSE) crossed 4,000 points for the first time, setting another new high at 4148 points. In 2010, the index crossed 8,500 points and finally crashed in the first quarter of 2011. Millions of investors lost their money and came out onto the street blaming the speculators and regulators for the bubble that finally burst in what Became known as the 2011 Bangladesh share market scam.