The Dhaka Stock Exchange (DSE) has revised three lists of listed securities for three indices.
All three rebalanced indices - the DSE broad index DSEX, DS30 index, and DSE SME Growth Index (DSMEX) - will come into effect from January 22 (Sunday).
The DSE index committee rebalanced the indices in accordance with S&P Dow Jones Index methodology. Different indicators such as free float shares and market cap are taken into account while rebalancing indices.
The DSE index committee has conducted annual rebalancing of the DSEX, including seven new securities and excluding 31 securities from the list.
The seven companies, which have been included in the list of the companies for the DSEX, are BD Thai Food & Beverage, ACME Pesticides, Sena Kalyan Insurance Company, Union Insurance Company, C&A Textiles, Meghan Insurance Company, and Bangladesh Industrial Finance Company.
Thirty-one companies that have been dropped from the list of the DSEX include Golden Son, Imam Button Industries, Zeal Bangla Sugar Mills, Libra Infusions, and Rahim Textile Mills.
The DSE conducted semi-annual rebalancing of the DS30 index, including five new securities and excluding another five.
The securities, which have been included in the list of DS30 index, are IFIC Bank, Southeast Bank, Sea Pearl Beach Resort & Spa, Bangladesh Shipping Corporation and Unique Hotel & Resorts.
The companies, which are dropped from the list of DS30 index, are Summit Power, Pubali Bank, Eastern Bank, Singer Bangladesh, and LankaBangla Finance.
The list of the companies for DSE SME Growth Index (DSMEX) has also been revised annually, including two companies and excluding no one.
The new companies included in the list of DSMEX are Nialco Alloys and Mamun Agro Products.