Annual Rebalancing: DSEX gains 87, DS30 loses 9 firms

Staff Reporter :

The Dhaka Stock Exchange (DSE) has added 87 companies, including 13 banks, to its benchmark index, the DSEX.

The premier bourse has also removed 14 companies from the DSEX, bringing the total number of listed firms on the index to 326, according to a DSE press statement issued yesterday.

In a separate development, the DSE has removed nine companies, including Beximco and Islami Bank, from its blue-chip index, the DS30.

In line with the index methodology, the DSE Index Committee has completed the annual rebalancing of the DSEX, which will take effect from 19 January.

A year earlier, in January 2024, the DSE had removed 15 banks and 68 other companies from the DSEX as they failed to meet the premier bourse’s requirements. Following that rebalancing, the total number of DSEX members stood at 250, according to the DSE.

After the semi-annual rebalancing, nine companies were removed from the DS30 index, with nine others included. The companies removed from the DS30 are Heidelberg Cement Bangladesh, Sea Pearl, Paramount Textile, Genex Infosys, Orion Pharma, Linde Bangladesh, Summit Power, Beximco, and Islami Bank.

The newly included companies in the DS30 are Walton Hi-Tech Industries, Prime Bank, Kohinoor Chemicals Company (Bangladesh), Khan Brothers PP Woven Bag Industries, MJL Bangladesh, LankaBangla Finance, Padma Oil, IDLC Finance, and Bangladesh Submarine Cables.