Royal Securities Exchange of Bhutan launched the Bhutan Stock Index (BSI) on the fourth birthday of the Bhutanese prince.

Chief executive officer of RSEBL, Dorji Phuntsho, said the investors, policymakers, and researchers could use the movement of the index for analysis and study the scenario of the capital market in the country.

The index is expected to recognise broad trends in the market and use it as a benchmark to measure the performance of different economic sectors in the country.

He said that the stock index might not wholly project the economy of the country because some major companies were not listed. “The index will also reflect the impacts of various economic policy changes in the secondary market.”

There are 22 listed companies in RSEBL at present.