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CSE Shariah Index revised, effective from August 3

Staff Correspondent
24 Jul 2023 20:09:44 | Update: 24 Jul 2023 23:32:10
CSE Shariah Index revised, effective from August 3

The Chittagong Stock Exchange (CSE) has revised its CSE Shariah Index (CSI) based on the basis of the performance of the listed companies.

The new index will come into force from August 3 next, said a media statement issued by the port city bourse on Monday.

The bourse revises this index twice a year.

Nine new companies have been included to the new list, while 10 companies were excluded from the previous list.

The newly added companies are Apex Foods, Bangladesh Building Systems, Beximco Limited, Chartered Life Insurance Company, GBB Power, Global Islami Bank, GQ Ball Pen Industries, Libra Infusions, and Square Pharmaceuticals.

On the other hand, Aman Feed, Bangladesh Lamps, Eastern Housing, Far Chemical Industries, Genex Infosys, Golden Harvest Agro Industries, Khulna Printing & Packaging, Matin Spinning Mills, Ring Shine Textiles, and United Power Generation & Distribution Company were excluded from the previous list.

Out of 373 securities listed on the bourse, 130 companies currently belong to the CSE Shariah Index.

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