CSE two new indices launched

By bdreports24
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Oct 12, 2014
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Corporate, Economy, Regulators, Stock

Chittagong Stock Exchange Limited (CSE) on Sunday launched two new indices namely as CSE Shariah Index (CSI) and CSE-50 Benchmark Index (CSE-50). Developed by India Index Services and Products Limited (IISL), a subsidiary of the National Stock Exchange of India Limited (NSE, India) and a subsidiary of NSE Strategic Investment Corporation, the CSE-50 Index and CSE Shariah Index can be utilized by investors to track the performance of the market and Shariah compliant securities respectively that form part of all listed companies on the CSE other than mutual funds and corporate bonds.

Govt revenue earnings from DSE up 23.84pc

By bdreports24
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Oct 03, 2014
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National, News, Stock

Government’s revenue earnings from the premier bourse increased by 23.84 per cent in September last against the earnings of previous month amid increased amount of share transactions in capital market, officials said. According to data found in Dhaka Stock Exchange (DSE), the government’s revenue stood at Tk 249.43 million in September whereas the amount was Tk 201.40 million in August this year, FE reports.

Among the revenue worth Tk 249.43 million realised in September, Tk 175.81 million came from transaction of shares at a rate of 0.05 per ce...

Investing in stock markets with Shahidul Islam

By bdreports24
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Sep 28, 2014
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Interview, Stock

With about 4% of public listings on Bangladesh’s stock exchanges held by foreigners, Shahidul Islam estimates foreign holdings in Bangladesh’s public equities are at, or near, their all-time high. Mr. Islam is the CEO of VIPB Asset Management Company, an asset manager focused on growing Bangladesh’s nascent market for mutual funds.

Mr. Islam, age 41, is a CFA Charterholder and has 14 years of experience in Bangladesh’s banking and capital markets. Mr. Islam kindly agreed to give his perspective on th...

Re-adjustment in CSE-30

By bdreports24
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Sep 09, 2014
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National, News, Stock

CSE reviewed the performances of the listed companies for inclusion in CSE-30 Index and finalized the results of the half-yearly review of CSE Indices as per the set criteria.

The Regulatory Affairs Division of CSE approved a list of 30 constituents for the CSE-30 index for the upcoming period of 6 months. According to the review, 7 new constituents were included in the CSE-30 replacing the earlier ones. <...

Stocks fall for ‘unfriendly budget’

By bdreports24
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Jun 08, 2014
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Stock

Stocks fell 2.03 percent in the first two and a half hours of trading at Dhaka Stock Exchange today as investors went for a selling spree following what they said “unfriendly budget” for the capital market.

DSEX, the key index of the DSE, went down 89 points to stand at 4,307 points till 1:00pm. “Budget cannot be said capital market friendly” LankaBangla Securities, a stockbrokerage, commented on its budget analysis for 2014-15. “Few measures were discouraging. Especially capital gain tax introduction on individual level is...

Stocks continue fall ahead of new budget

By bdreports24
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Jun 03, 2014
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Stock

Dhaka stocks were edging lower Tuesday as investors awaited the new national budget in two days. All the indicators finished in red, reflecting pre-budget uncertainties those were generated among investors from various speculations about the new fiscal policy and allocation relegating to capital market, BSS reports. DSEX, the major index of Dhaka Stock Exchange, came 0.6 percent or 28.66 points down to 4418.79 when the blue-chip DS30 fell by 13.14 points or 0.80 percent to 1625.32 and the Shariah DSES by 3.68 points or 0.36 percent to 1003.32. The daily trade volume, however, increased slightly to 7.98 crore shares when value fell to Taka 392.27, a contrasting scenario from Monday's transaction when volume declined and value increased.