In the DS 30, the four new companies were added to the index - Share market analysis of dhaka stock exchange, Bangladesh

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20 January, 2014 09:38 AM Source: Dhaka Tribune
DSEX and DS30 reshuffled.jpg

Reshuffled two indices of the Dhaka Stock Exchange have been made effective yesterday.

In accordance with the DSE Bangladesh Index Methodology, designed by S&P Dow Jones Indices, DSEX and DS 30 have been reconstituted as part of its annual and semi-annual rebalancing, says a DSE press release yesterday.

The new 23 companies that were included to the DSEX are Fareast Finance, Eastern Cables, Renwick Jajneswar, National Tubes, Bengal Windsor Thermoplastics, Bangladesh Building Systems, AMCL (Pran), Rahim Textile, Ambee Pharma, The Ibn Sina, Libra Infusions, Global Heavy Chemicals, JMI Syringes & Medical Devices, Central Pharmaceuticals, Hakkani Pulp & Paper, Samorita Hospital, Information Services Network, Purabi General Insurance, Pragati Insurance, Prime Insurance, Sunlife Insurance, Usmania Glass and Berger Paints.

On the other hand, existing four companies that lost their eligibility to retain their position in the index are Kay & Que, Midas Finance, CVO Petrochemical and Rahima Food.

In the DS 30, the four new companies were added to the index. They are United Commercial Bank Ltd., Delta Life Insurance Ltd.,  Orion Pharma  Ltd and  Renata Ltd.

The existing four companies that were excluded from the index are Beximco Ltd, Khulna Power Company Ltd, Square Textiles Ltd and Southeast Bank Ltd as they failed to meet their criteria to stay in the index.

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