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DS30, CSE30 indices revised

Staff Correspondent
20 Jul 2023 21:05:51 | Update: 20 Jul 2023 21:05:51
DS30, CSE30 indices revised

The Dhaka Stock Exchange (DSE) has revised its DS30 Index on the basis of the performance of the listed companies.

The newly revised index will come into effect from July 23. The capital bourse reviews the index twice a year.

Meanwhile, the port city bourse – Chittagong Stock Exchange (CSE) – has revised its CSE30 Index on the basis of the performance of the listed companies with effect from July 27.

The CSE 30 Index is also reviewed twice a year.

In line with the DSE Bangladesh Index Methodology, designed by S&P Dow Jones Indices, the DSEX and the DS30 have been reconstituted, according to a DSE statement issued on Thursday.

After the semi-annual rebalancing, 11 new companies have been included to the DS30 Index. The newly added companies are Eastern Bank, Uttara Bank, Jamuna Oil, Genex Infosys, IPDC Finance, Heidelberg Cement, Sonali Paper & Board Mills, Paramount Textile, Eastern Housing, Rupali Life Insurance, and ADN Telecom.

Meanwhile some companies have been dropped from the index which includes IFIC Bank, Bangladesh Steel Re-Rolling Mills, Power Grid Company of Bangladesh, Fortune Shoes, Robi Axiata, Southeast Bank, BBS Cables, GPH Ispat, United Power Generation & Distribution Company, Titas Gas Trans. & Dist., and IDLC Finance.

On the other hand, the new companies added to the CSE-30 Index are— Apex Foods, Apex Footwear, Asia Insurance, Bangladesh National Insurance, British American Tobacco Bangladesh Company, Export Import Bank, Global Islami Bank, GPH Ispat, Islami Bank, LafargeHolcim Bangladesh, National Housing Finance & Investment, Summit Alliance Port, Union Bank Limited, and Unique Hotel & Resorts Limited.