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MSCI BD Index posts 17.84pc growth in 2017

FE Online Report | Published: January 07, 2018 14:47:28 | Updated: January 08, 2018 14:59:17


Annual net return of the MSCI Bangladesh Index posted 17.84 per cent growth in the past calendar year.

The index, created by Morgan Stanley Capital International (MSCI), measures the performance of the large and middle cap segments of the Bangladeshi market.

The annual return of the index was 10.26 per cent in 2016, while it posted a negative growth of 17.49 per cent in 2015.

The latest report also showed that price-earnings ratio stood at 23 points at the end of December 2017, while the ratio for the MSCI Frontier Markets stood at 14.98 in the same period. 

The capital market of Bangladesh is placed under the MSCI Frontier Markets Index. From Asia, two other markets are also included: Sri Lanka and Vietnam.

Currently five constituents, listed companies to be precise, are included in the index. These are: Square Pharmaceuticals, Grameenphone, Lafarge Cement, Renata, and Titas Gas Transmission and Distribution Ltd.

Dividend yield of the MSCI Bangladesh Index stood at 1.63 per cent at the end of the year while the yield for the Frontier Markets Index was recorded at 2.98 per cent.

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