Download beta coefficient web introduction of dse

A CRITICAL STUDY ON
DHAKA STOCK EXCHANGE
THE TEAM CONTAINS…
MOIN UDDIN REZA
TAHSIN NAZIM
MD. TANVIR HOSSAIN
MAHMUDUL HASAN
MD. MOHITUL ISLAM
HASINA BEGUM
REAJMIN SULTANA
AZIZA AKHTER
SUBARNA GOSWAMI
ARIFA TUN NAIM
16-104
16-106
16-147
16-159
16-253
16-116
16-119
16-136
16-139
16-153
CONTROLLING CHAIN
 MINISTRY OF FINANCE
 SECURITIES & EXCHANGE COMMISSION (SEC)
DHAKA STOCK EXCHANGE
(DSE)
CHITTAGONG STOCK EXCHANGE
(CSE)
A CLOSER LOOK ON DSE
 1954: EAST PAKISTAN STOCK EXCHANGE LTD.
 1956: STARTED WORKING AT NARAYANGANJ
 1958: TRANSFERRED AT DHAKA
 1964: GOT CHANGED NAME “DSE”
 1976: STARTED WORKING AFTER LIBERATION
 1998: INITIALISING AUTOMATION SYSTEMS
MANAGING COUNCIL OF DSE
 THERE IS A MANAGING COUNCIL OF DSE
CONSISTING OF 12 MEMBERS FROM WHICH 9
MEMBERS ARE ELECTED BY THE SHAREHOLDERS
& THE REST 3 MEMBERS ARE NOMINATED BY THE
GOVERNMENT.
 PRESIDENT: MD. SHAKIL RIZVI
MAJOR FUNCTIONS OF DSE
- Listing of Companies.
- Providing the screen based automated trading of listed
Securities.
- Settlement of trading.
- Granting approval to the transaction/transfer of share
outside the trading system of the exchange.
- Market Administration & Control.
…………………..CONTINUED
- Market Surveillance.
- Publication of Monthly Review.
- Monitoring the activities of listed companies.
- Investors grievance Cell (Disposal of complaint by laws)
- Investors Protection Fund
- Announcement of Price sensitivity or other information
about listed companies through online.
REQUIREMENT FOR GETTING
ENLISTED AT DSE
 Appointing issue manager by the intending company.
 Preparing draft prospectus by the issue manager and
submitting to the SEC and the exchange for necessary
approval.
 Making agreement with the underwriters and bankers
to the issue for IPO purpose.
 Examination and evaluation of the exchange.
 Sending opinion to SEC within 15 days of receipt of
draft prospectus.
……….CONTINUED
 Giving consent of SEC for floating IPO.
 Filling application by the issuer to the exchange
within 5 days of issuance of its prospectus.
 Completion of distribution of allotment/ refund
warrants within 42 days of closing of subscription.
 Placing exchanges meeting for necessary decision of
the board of DSE.
 Taking decision whether the company will be listed or
not within 75 days from the closure of the
subscription.
MARKET TYPES
 Public Market: In this market instruments are traded in normal
volume.
 Spot Market: - cash transaction
- no maturity date
 Odd lot Market: Instruments are traded in this market which
not in lot.
 Block Market: Instruments are traded in bulk volume
LISTED COMPANIES TREND
SHARE INDEX
A
SHARE
INDEX
REPRESENTS
THE
PERFORMANCE OF THE STOCK MARKET OF A
NATION
AND
BY
PROXY,
REFLECTS
INVESTOR’S SENTIMENT ON THE STATE OF
ITS ECONOMY.
3 TYPES OF SHARE INDICES
SL. NO
INDICES NAME
BASE INDEX
01
DSE SHARE INDEX [ALL
CATARGORIES]
350[01-11-1993]
02
DSE GENERAL INDEX
[A,B,G,N]
871.63704[24-11-2001]
03
DSE 20 INDEX
1000[01-01-2001]
CALCULATION OF INDEX
Yesterday's Closing Index X Current M.Cap
Current Index = -------------------------------------------------------------Opening M.Cap
Yesterday's Closing Index X Closing M.Cap
Closing Index = -------------------------------------------------------------Opening M.Cap
Current M.Cap = ∑ ( LTP X Total no. of indexed shares )
Closing M.Cap = ∑ ( CP X Total no. of indexed shares )
PROCESS OF CLEARING HOUSE
Selling
broker
Cheque
s
e
c
u
r
i
t
i
e
s
c
h
e
q
u
e
DSE Clearing
house
Buying
broker
Securities
CIRCUIT BREAKER
IT IS THE RESTRICTION ON SHARE PRICE
FLUCTUATION.
SUPPOSE, A SHARE OF EXIMCO CO. OWNED
BY SOVON F RAHMAN HAS OPENNING MARKET
PRICE 50 TK.DSE HAS FIXED ITS CIRCUIT
BREAKER AT 10%.IF THE MARKET PRICE BECOMES
MORE THAN 55 TK. OR LESS THAN 45 TK. DURING
THE TRADING SESSION, THE TRADING OF THE
SHARE WILL AUTOMATICALLY SUSPEND FOR THE
DAY.
VS
MONEY MARKET
 Market for short term debt
securities such as banker’s
acceptance, commercial
papers, repos, negotiable
certificates of deposit, and
treasury bills with a maturity
of 1 year or less and often 30
days or less.
CAPITAL MARKET
 A capital market is
a market for securities (debt
or equity), where business
enterprises can raise longterm funds. It is defined as a
market in which money is
provided for periods longer
than a year.
DIFFERENT TYPES OF CAPITAL
 AUTHORISED CAPITAL : It is the nominal value of
the shares which a company is authorized to issue by
its memorandum.
 PAID-UP CAPITAL : It is that part of the called up
capital which is actually received in cash by the
company.
ENTRANCE IN SHARE BUSINESS:
…………WHERE MONEY NEVER SLEEPS
 STEP -1 : GETTING A BANK ACCOUNT.
 STEP -2 GETTING REGISTERED WITH ANY
ENLISTED BROKERAGE HOUSE TO GET
BENIFICIARY OWNER (BO) ACCOUNT.
GET READY TO HAVE THE BEST
INVESTMENT……..
HOW WILL YOU DECIDE FOR
THE BEST INVESTMENT ??
FUNDAMENTAL ANALYSIS
 Fundamental analysis involves
analyzing the characteristics of a
company in order to estimate its
value.
TECHNICAL ANALYSIS
 Technical analysis takes a completely
different approach; it doesn't care one
bit about the "value" of a company or a
commodity. Technicians (sometimes
called chartists) are only interested in
the price movements in the market.
Despite all the fancy and exotic tools it
employs, technical analysis really just
studies supply and demand in a
market in an attempt to determine
what direction, or trend, will continue
in the future. In other words, technical
analysis attempts to understand the
emotions in the market by studying
the market itself, as opposed to its
components.
www.dsebd.org
DON’T BE THE
TRADER IN
THE SHARE
MARKET
……THANK YOU……