The country's prime bourse, Dhaka Stock Exchange (DSE), has rearranged its key index (DSEX) and blue chip index (DS30) as part of its annual and semi-annual evaluation based on performance of the listed firms.
DSEX and DS30 have been reconstituted following DSE Bangladesh Index Methodology, designed by S and P Dow Jones Indices, said DSE statement.
After annual re-balancing, 27 new companies have been added to the DSEX as they qualified for eligible constituents of the broader index.
The DSEX will from now include 338 companies, after the latest reforms come into effect on January 23, the DSE said in a statement.
The 27 companies, which will be included to the DSEX, are: Rahima Food Corporation Ltd., Premier Cement Mills Ltd., Appollo Ispat Complex Ltd., Tamijuddin Textile Mills Ltd., Matin Spinning Mills Ltd., Sonali Life Insurance Company Ltd., Paper Processing & Packaging Ltd., Hwa Well Textiles (BD) Ltd., Meghna Cement Mills Ltd., Monno Fabrics Ltd., Taufika Foods and Lovello Ice-cream PLC,
Crystal Insurance Company Ltd., Dominage Steel Building Systems Ltd., Associated Oxygen Ltd., Bangladesh Monospool Paper Manufacturing Co. Ltd., eGeneration Ltd., Desh General Insurance Company Ltd., Aramit Cement Ltd., Alltex Industries Ltd.,
Tallu Spinning Mills Ltd., First Finance Ltd., Mithun Knitting and Dyeing Ltd., Zeal Bangla Sugar Mills Ltd., Index Agro Industries Ltd., Jute Spinners Ltd., Meghna Condensed Milk Industries Ltd. and Meghna Pet Industries Ltd.
Meanwhile, after semi-annual rebalancing of the DS30 index, five new companies - Islami Bank (BD) Ltd., IFIC Bank Ltd., Orion Pharma Ltd., Power Grid Company of Bangladesh Ltd. and Fortune Shoes Ltd. will be included in DS30.
Five members of DS30- Confidence Cement Ltd., Pubali Bank Ltd., National Bank Ltd., The ACME Laboratories Ltd. and IFAD Autos Ltd. have been excluded from the index.
