MARKET INFORMATION
Dhaka Stock Exchange (DSE)
http://www.dsebd.org/
Trading Hours

Open

10:00

Continuous Trading

10:00 - 14:20

Trade at Last

14:20 - 14:30

Time Zone

 GMT+6

Trading Days

Sunday - Thursday

Trading Currency

Bangladeshi Taka (BDT)

Main Index

Index name 

DSE broad index (DSEX) reflects around 85.8% of the total mkt cap

Reuters code

DSEX

Bloomberg code

DSEX

Exchange Code

Reuters

BD

Bloomberg

BD

Trading Requirements

Security account number as well as the name of the local custodian that the account is set up at. Can be supplied post trade.

Settlement Cycle

For the buy trades

T+2 except for the Z category shares

For the sell trades

T+1 for all shares

Buys on the Z category shares settles on T+3

Spot settlement T+1 for buys and T+0 for sells for all category of shares

Z category shares represent the stocks that do not give any dividends or hold AGMs

Current Index Status

MSCI FM - FTSE FM

Market Cap

$40.9Bn
Average Daily Value Traded

 

YearAVG VALUE TRADED

2021

$132.9mn

2022

$86.9mn

2023

$52.3mn
MARKET DYNAMICS
Stock Limit
Up/Down

Trading limits differ between individual listed stocks according to their price
range

Price Range Trading Safeguard Nominal Limit in Tk.
From TK. To Tk.
Up to Tk. 200 +/-10%  17.5
201 500 +/-8.75% 37.5
501 1,000 +/-7.5%  112.5
1,001 2,000 +/-6.25%  100
2,001 5,000 +/-5%  187.5
5.001 and above +/-3.75%  300
Tick
Size
BDT 0.10
All or
nothing
Yes. No min/max
Board Lot
No Board Lots
Crosses
Crossing can be done in
market spread during the
regular trading hours.
Off- Market
Crosses
Stocks can be traded up to 10% lower than the floor price on the Block board depending on circuit breaker slab. Stocks which are trading above the floor price can be traded on the Block board up to 10% lower based on previous day's closing price.
Official
Closing Price
VWAP of the last 30 mins or VWAP of the last 20 trades
Iceberg
Allowed.
Exposed size needs to be min 10% splice
Market Floors
The Regulator set floor prices for all listed securities taking into account their average closing prices of five sessions executed since 24th July 2022 to 28th July 2022 and also be considered as lowest limit of the circuit breaker. You are able to trade below the floor off market under certain conditions.
MARKET REGULATIONS
Floor Prices
The Bangladesh Securities Exchange Commission imposed floor prices as a temporary measure to regulate price movements. Floor prices for all listed securities were fixed taking into account their average closing prices of the five days from 24t July 2022 to 28th July 2022. The upper limit of the circuit breaker which is 10% shall remain unchanged. This rule has been effective from the 31st July 2022 and remains in force.
Foreign Ownership Restriction
Foreign investors are allowed to own 100% of all listed stocks except for the
banking stocks and NBFIs where they can only own up to 9.99%
Disclosure Rules
Custodians have the responsibility to make sure that the limit is not breached
since cash and share account is maintained at their end.
Investors must get the approval of Bank of Bangladesh prior to the ownership of
5% of any listed financial stock.
For non-financial stocks, investors must report and take prior approval 
of holdings of 10% to BSEC, exchange and issuer.
Securities Lending
Not permitted
Short selling
Not permitted
MARKET FEES & TAXES
Market Fees 7.5 bps
(breakdown available)
Withholding Tax None
Capital Gain Tax 15%, but certain countries are exempt based on tax advisor’s
confirmation
Dividend Tax
20% dividend tax is applied for non-resident companies and its
30% incase its non-resident.
Dividend treatment may be altered where international tax
treaties are in existence.