Overview of Indexes

Under S&P Dow Jones’ consultation the DSEX, DS30, and the DSES were designed to be benchmarks to
compare stocks and understand the market performance.

DSEX: DSEX index or DSE Broad index reflects around 46% of the total market capitalization. In the DSEX
index, only those stocks are listed which have a float-adjusted market capitalization higher than 100
million BDT. To remain in the DSEX broad index a stock needs to have a minimum of 70 million BDT
float-adjusted capitalizations. Float adjustment of shares represents the number of shares, among the
shares outstanding, which are owned by shareholders only, not by other companies or the government.
Free float shares can be exchanged in the stock market without mandatory prior disclosure. Another
criterion to be listed in the DSEX Index is to have a 6-month average daily value of trade (ADVT) of BDT
1,000,000. To remain in the DSEX Index list the Average Daily Value traded (ADVT) must not fall below
0.7 million BDT. As of 13 January 2022, 311 companies are listed in the DSEX Index. If the market is
doing well then, the DSEX Broad index will increase in points.

DS30: As the name suggests this index represents the list of top 30 companies in the Dhaka Stock
Exchange on the basis of their float-adjusted market capitalization. The DS30 reflects around 51% of the
total equity market capitalization. Eligibility to be listed in the DS30 requires a stock to have a float-
adjusted market capitalization of higher than 500 million BDT as of the rebalancing reference date. The
stocks also need to have a minimum 3-month average daily value traded of 5 million BDT as of the
rebalancing date. In order to remain in the DS30 the average value traded must not fall below 3 million
BDT. If the top 30 companies are performing well altogether then the DS30 Index will increase in points.

DSES: The DSES Shariah Index lists the stocks which follow certain limitations based on the Islamic Sharia
law. It is a subset of the DSE Broad Index which includes screens stocks to pass them if they comply with
the Shariah Law. Eligibility to be enlisted under the DSES Index matches that of the DSEX Broad Index.

CDSET: It is a new CNI-DSE Select Index which was formed after the Chinese Consortium of Shenzhen
Stock Exchange (SZSE) acquired 25% stake of the Dhaka Stock Exchange. The CDSET Index was activated
in the DSE starting from 1st January, 2020. The largest 40 companies in the stock market which have the
maximum market capitalization, liquidity and fundamental ability are enlisted in the CDSET. For
example: United Commercial Bank, Eastern bank, City Bank. Its also a free float market cap adjusted
Index. This index was created to attract more investors towards the capital market of Bangladesh.