B Mirror Desk : The Chittagong Stock Exchange (CSE) has revised two of its indices based on the performance of the companies listed. The indices in question are the CSE-50 and CSE-30.

This revision will take effect on May 22 for the CSE-30 and May 21 for the CSE-50. In the CSE-30 index, five companies have been removed and replaced with five new ones, including Bangladesh Steel Re-Rolling Mills, Crown Cement, IT Consultants, Sena Insurance, and Walton Hi-Tech Industries. Conversely, Amara Networks, Bangladesh National Insurance Company, Bank Asia, Lafarge Holcim Bangladesh, and Matin Spinning Mills have been excluded.

The companies in the CSE-30 index represent approximately 31.46 percent of the total market capitalization and about 37.19 percent of the free-float market capitalization. For the CSE-50 index, four companies have been removed, with four new additions, namely Meghna Petroleum, MJL Bangladesh, Social Islami Bank, and Walton Hi-Tech Industries. The excluded companies are Beacon Pharmaceuticals, Genex Infosys, Orion Pharma, and Sea Pearl Resort.

The capitalization of the companies in the CSE-50 index accounts for roughly 70.47 percent of the total market capitalization and 70.30 percent of the free-float market capitalization.