CSE revises CSE50 index

The Chittagong Stock Exchange has revised its CSE50 index on the basis of performance of the listed companies.

The new index will be effective from April 03, the bourse authorities said in a press release on Monday.

According to the release, the CSE50 index is reviewed twice a year. The new companies which have been included to the CSE50 index are -- life insurance Company, Prime bank limited, and Shahjalal Islami Bank Limited.

On the other hand, Jamuna Oil Company Limited, Khulna Power Company Limited and Pubali Bank Limited have been excluded from the previous list.