The Chittagong Stock Exchange (CSE) has revised its benchmark CSE30 Index, bringing four new companies into the blue-chip index while removing four others as part of its semi-annual review.
The revised index will take effect on July 30, the bourse said in a statement on Tuesday.
The newly included companies are Grameenphone, Jamuna Bank, LafargeHolcim Bangladesh and Paramount Textile.
They replace Crown Cement, NCC Bank, Square Textiles and Uttara Bank, which have been dropped from the index following the latest review.
The CSE30 Index is reviewed twice a year based on the performance of listed companies and serves as the exchange's benchmark index representing leading stocks across different sectors.
According to the CSE, the revised CSE30 constituents account for 44.69 per cent of the total market capitalisation of all equity securities listed on the exchange and 43.13 per cent of the free-float market capitalisation.
The updated CSE30 comprises Bangladesh Shipping Corporation, Bangladesh Steel Re-Rolling Mills (BSRM), Bangladesh Submarine Cables, Beximco Pharmaceuticals, BRAC Bank, British American Tobacco Bangladesh, BSRM Steels, City Bank, DBH Finance, Delta Life Insurance Company, Eastern Bank, Eastern Housing, Grameenphone, IDLC Finance, IT Consultants, Jamuna Bank, Jamuna Oil, LafargeHolcim Bangladesh, Meghna Petroleum, MJL Bangladesh, Olympic Industries, Padma Oil, Paramount Textile, Pioneer Insurance, Prime Bank, Sonali Paper & Board Mills, Square Pharmaceuticals, The ACME Laboratories, Unique Hotel & Resorts, and Walton Hi-Tech Industries.
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