The new index will be effective from September16, said a statement Wednesday
The Chittagong Stock Exchange (CSE) CSE-50 index and CSE-30 index have been revised on the basis of performance of listed companies. In the CSE-50 index, four new companies were included and four excluded, while eight companies were included and eight removed from the CSE-30.
The new index will be effective from September16, said a statement Wednesday. The indices are reviewed twice a year.
The CSE-50 index
The new companies which have been included are BBS Cables, Ifad Autos, Singer Bangladesh and Premier Bank Limited. On the other hand, AB Bank, Dhaka Electric Supply Co, Meghna Petroleum and Mutual Trust Bank Limited were excluded from the previous list.
The final CSE-50 companies are: Square Pharmaceuticals, Grameenphone, Beximco Pharmaceuticals, Brac Bank, Islami Bank Bangladesh, Olympic Industries, Lafarge Holcim Bangladesh, The City Bank, Beximco, National Bank, Pubali Bank, United Commercial Bank, Eastern Bank, Summit Power, Prime Bank, Titas Gas Transmission and Distribution Company, Lankabangla Finance, IDLC Finance, Al-Arafah Islami Bank, One Bank, ACI Ltd, MJL Bangladesh, Southeast Bank, Trust Bank, Export Import Bank of Bangladesh, Padma Oil Company, Jamuna Oil Company, Social Islami Bank, BSRM Steels, Mercantile Bank, Uttara Bank, Bank Asia, Orion Pharma, National Credit & Commerce Bank, Delta Life Insurance, Dhaka Bank Limited, Unique Hotel & Resorts Ltd, Khulna Power Company, GPH Ispat, IFIC Bank, Shahjalal Islami Bank, United Power Generation & Distribution, Bangladesh Steel Re-Rolling Mills, Standard Bank Limited, Bangladesh Submarine Cable Co, R.A.K. Ceramics, BBS Cables, Ifad Autos, Singer Bangladesh and Premier Bank Limited.
The CSE-30 Index
The new companies which have been included are Argon Denims Limited, BRAC Bank Limited, Lanka Bangla Finance Limited, Mercantile Bank Limited, Shahjibazar Power Company Limited, Singer Bangladesh Limited, The Acme Laboratories Limited and United Commercial Bank Limited.
On the other hand, AB Bank Limited, Beximco Ltd, Delta Brac Housing Finance Corporation Ltd, Eastern Housing Limited, Fareast Islami Life Insurance Limited, Southeast Bank Limited, Ibn Sina Pharmaceuticals Industry Ltd and Uttara Finance & Investment Limitedwere excluded from the index.
The new list of CSE-30 companies are: Argon Denims, Advanced Chemical Industries, Aftab Automobiles, Aman Feed, Beximco Pharmaceuticals, Brac Bank, BSRM Steels, Confidence Cement, Eastern Bank Ltd, Heidelberg Cement Bangladesh, IDLC Finance, Jamuna Oil Company, Khulna Power Company, Lanka Bangla Finance Limited, Meghna Petroleum, Mercantile Bank, MJL Bangladesh, Olympic Industries, Orion Pharma, Padma Oil Company, Ratanpur Steel Re-Rolling Mills, Shahjibazar Power Company, Shasha Denims, Singer Bangladesh, Square Pharmaceuticals, The Acme Laboratories, The City Bank, Titas Gas Transmission and Distribution Co Ltd, United Commercial Bank and Uttara Bank Limited.