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COVID fails to dim Bhutan's newfound interest in stocks

Rising incomes propel growing middle class into playing the market

To improve public access, the Royal Securities Exchange of Bhutan has upgraded its systems to make company filings and real-time data available electronically. (Photo by Phuntsho Wangdi)

THIMPHU -- For nearly three decades, the Royal Securities Exchange of Bhutan was a sleepy place.

Some stocks had not been traded since their market debuts. The market was closed more of the week than it was open. Volumes were so sluggish on South Asia's smallest exchange, no one even saw a need for an index.

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