DSE
Dhaka Stock Exchange (DSE), established in 1954, is Bangladesh’s principal securities exchange and a key component of the South Asian capital market framework, accounting for the majority of the country’s trading volume. DSE introduced its automated trading system in 1998 and completed its demutualization in 2013. Its product lineup includes equities, government bonds, mutual funds, corporate bonds, and subordinated bonds, with the number of registered investor accounts ranking among the highest in the region. The indices such as the DSE Index, DSE30 Index, and DSEX Index capture the overall market performance, blue-chip trends, and market breadth, respectively.
In May 2018, under the leadership of the Shenzhen Stock Exchange, a Chinese consortium became a strategic shareholder of DSE, marking the start of formal capital market cooperation between China and Bangladesh. In December 2019, the two exchanges jointly launched the first cross-border co-branded index, the CNI-DSE Select Index, in Dhaka and signed an index development agreement along with a business cooperation memorandum. Going forward, both sides will continue to deepen collaboration around the construction of a cross-border index framework, fostering greater connectivity between the Chinese and Bangladeshi capital markets.
The Dhaka Stock Exchange Limited introduced DSE Broad Index (“DSEX”) as per ‘DSE Bangladesh Index Methodology’ on January 28, 2013. DSEX is the Benchmark Index which reflects around 97% of the total equity market capitalization. All locally listed stocks that meet size and liquidity criteria are eligible for inclusion.
The Dhaka Stock Exchange Limited introduced DSE 30 Index (“DS30”) as per ‘DSE Bangladesh Index Methodology’ with effect from January 28, 2013. DS30 constructed with 30 leading companies which can be said as investable Index of the Exchange. DS30 reflects around 51% of the total equity market capitalization. Index constituents are the 30 largest companies chosen from the universe of all common stocks listed on the Dhaka Stock Exchange Limited subject to additional tradability, quality and diversification criteria.
DSE launched DSEX Shariah Index (DSES) on 20 January 2014. The Index is constructed as a subset of the DSE Broad Index and includes all stock included in the parent index that pass rules-based screens for Shariah compliance. The DSEX Shariah Index provides Islamic investors with a broad market benchmark measuring the performance of Shariah-compliant Bangladeshi stocks.