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CSE Shariah Index revised

The CSE Shariah Index (CSI) has been reviewed and revised on the basis of the performance of the CSE-listed companies. The new index will be effective from May 23, 2024. CSE Shariah index (CSI) is reviewed twice in a year. The new 06 companies which have been included are Asiatic Laboratories Limited, Baraka Power Limited, Far Chemical Industries Limited, Legacy Footwear Limited, Rahima Food Corporation Ltd and United Power Generation & Distribution Company Limited. On the other hand, 05 companies i.e., ACI Formulations Limited, Beacon Pharmaceuticals PLC, Saiham Cotton Mills Ltd., Square Pharmaceuticals PLC., and Standard Ceramic Industries Limited were excluded from the previous list. In the revised CSE Shariah Index, 126 listed companies out of 382 listed Companies have bee...

Robi’s IPO lottery held

The lottery-draw for Robi Axiata Limited’s initial public offering (IPO) was held recently at a city hotel. The lottery was conducted by BUET and overseen by CDBL. The entire programme was broadcast live over social media platforms. A total of 12 lakh 80 thousand 425 IPO applications were submitted for Robi's IPO, out of which 465,290 applicants were selected as winners of the lottery. With the completion of the lottery, Robi is now set to debut the country’s stock markets with the largest ever IPO. Higher officials from BUET, CDBL, DSE, CSE, IDLC Investm...

Price fall drives stocks down

Stocks today witnessed downward trend due mainly to price fall in large-cap securities. DSEX, the prime index of the Dhaka Stock Exchange (DSE), went down by 41.70 points or 0.85 per cent to settle at 4,845. Two other indices also closed lower. The DS30 index, comprising blue chips, lost 15.43 points to finish at 1,687 and the DSE Shariah Index fell 6.95 points to close at 1,123. The daily trade turnover on the DSE also plunged to Taka 4.95 billion, plunging further by 15 per cent over the previous day’s turnover of Taka 5.85 billion, reports BSS. Lose...

CSE AGM held

The 25th Annual General Meeting (AGM) of Chittagong Stock Exchange Limited is held today Thursday, November 12, 2019 at 04:00 pm at CSE Conference hall, Agrabad, Chattogram. Mr. Asif Ibrahim, Chairman CSE conducted the AGM. The AGM held using digital platforms in compliance with the Bangladesh Securities and Exchange Commission’s (BSEC) order issued on 11 June, 2020. The CSE Board of directors Prof. S. M. Salamat Ullah Bhuiyan, Mr. M. A. Malek, Mr. S. M. Tayyab, Mr. Sohail Mohammad Shakor, Mr. Md. Liaquat...

BASIC Bank holds its 31st AGM

The 31st Annual General Meeting (AGM) of BASIC Bank Limited was held through video conferencing on Thursday, November 12, 2020.

Professor Dr. Abul Hashem, Chairman of the Board of Directors presided over the meeting. Md. Rafiqul Alam, Managing director of the bank delivered the welcome speech. Rukhsana Hasin, Joint Secretary, Financial Institutions Division, Ministry of Finance attended the meeting as the representative of the Bank’s sole shareholder the Govt. of Bangl...

Free bulk and foreign trade at CSE

In order to encourage the transactions in Bulk and Foreign window and aiming to intensify the numbers of foreign portfolios in Capital market, Chittagong Stock Exchange Ltd. (CSE) has declared a three months promotional program between November 2020 to January 2021. During the promotion CSE Bulk and Foreign trades will be free of charge which means no commission will be charged by the Exchange to its TRECH holders for the trades executed in its Bulk/Foreign window. CSE firmly believe that the new offer would be a pioneering business opportunity fo...