DSE Revises DSEX, Adds 9 Stocks and Drops 16 from Index

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DSE Revises DSEX, Adds 9 Stocks and Drops 16 from Index

B Mirror Report :The Dhaka Stock Exchange (DSE) has revised its benchmark index DSEX, removing 16 companies and adding 9 new stocks. The changes will come into effect from January 18 (Sunday).

The DSE disclosed the information on its official website on Monday (January 12). After the adjustment, the total number of shares and units included in the DSEX index will stand at 319.

The companies removed from the DSEX are: Apollo Ispat Complex Limited, Union Capital Limited, Meghna Condensed Milk Industries Limited, Anlima Yarn Dyeing Limited, Hamid Fabrics PLC, Meghna PET Industries Limited, Unilever Consumer Care Limited, Phoenix Finance and Investments Limited, ICB Islami Bank Limited, MIDAS Financing PLC, Bangladesh Export Import Company Limited, Social Islami Bank PLC, and Union Bank PLC.

The nine companies being added to the index are: Bangladesh Welding Electrodes Limited, Dhaka Electric Supply Company (DESCO) Limited, Dulamia Cotton Spinning Mills Limited, Howell Textiles (BD) PLC, Northern Islami Insurance PLC, Safko Spinnings Mills Limited, Sharp Industries PLC, Standard Ceramic Industries Limited, and Zil Bangla Sugar Mills Limited.

In addition, the DSE has decided to make changes to the DS-30 index, removing three companies and including three new ones, effective from January 18.

The companies being excluded from the DS-30 index are: Heidelberg Materials Bangladesh PLC, GPH Ispat Limited, and Khan Brothers PP Woven Bag Industries Limited.

The companies newly included in the DS-30 index are: Meghna Petroleum Limited, BSRM Steels Limited, and Fine Foods Limited.

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