Home ›› 21 Jan 2022 ›› Stock
The Dhaka Stock Exchange has rearranged its broad index and blue-chip index with effect from January 23 as part of its annual and semi-annual rebalancing of the indices.
Under the DSE Bangladesh Index Methodology, designed by S&P Dow Jones Indices, DSEX and DS30 have been reconstituted, said the DSE in a statement on Thursday.
The new 27 companies that were included to the DSEX are Rahima Food Corporation, Premier Cement Mills, Appollo Ispat Complex, Tamijuddin Textile Mills, Matin Spinning Mills, Sonali Life Insurance Company, Paper Processing & Packaging, Hwa Well Textiles (BD), Meghna Cement Mills, Monno Fabrics, Taufika Foods and Lovello Ice-cream PLC, Crystal Insurance Company, Dominage Steel Building Systems, Associated Oxygen, Bangladesh Monospool Paper Manufacturing Company, eGeneration, Desh General Insurance Company, Aramit Cement, Alltex Industries, Tallu Spinning Mills, First Finance, Mithun Knitting and Dyeing, Zeal Bangla Sugar Mills , Index Agro Industries, Jute Spinners , Meghna Condensed Milk Industries and Meghna Pet Industries.
In the DS30, the five new companies were added to the index. They are Islami Bank (BD), IFIC Bank, Orion Pharma, Power Grid Company of Bangladesh, and Fortune Shoes.
The existing five companies that were excluded from the index are Confidence Cement, Pubali Bank, National Bank, The ACME Laboratories and IFAD Autos.
All listed DSE stocks are classified according to the DSE Industry Classification system. The number of constituents in Banks, Financial Institutions, Insurance sector, Real Estate Sub-sector of Service & Real Estate sector, Pharmaceuticals and Fuel & Power is capped at 5 each and 20 combined for the DSE Bangladesh 30Index.
Sector diversification rule is not applied to the DSE Bangladesh Broad Index.
