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The Financial Express

CSE revises blue-chip index

| Updated: April 13, 2019 10:15:26


CSE revises blue-chip index

Chittagong Stock Exchange (CSE) has revised its CSE30 index based on the performance of listed companies.

The revised CSE30 index will come into effect from April 21 this year. The port city bourse revises its index twice in a year.

The new companies which have been included in CSE30 index are: Bangladesh National Insurance Company, Bangladesh Steel Re-Rolling Mills, SAIF Powertec, Doreen Power Generations and Systems, Summit Power, One Bank, Al-Arafah Islami Bank, Export Import Bank of BD, Jamuna Bank, and Delta Life Insurance Company,

On the other hand, BEXIMCO Pharmaceuticals, Orion Pharma, Heidelberg Cement Bangladesh, Aftab Automobiles, Singer Bangladesh, Khulna Power Company, Shahjibazar Power Company, United Commercial Bank, Uttara Bank, and BRAC Bank have been excluded from the previous list.

A company having 21.50 per cent market cap compared to total market capitalisation of the CSE and 30.12 per cent of free-float market capitalisation is included in the CSE30 index.

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