dsex & ds30.pdf

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    DHAKA STOCK EXCHANGE LTD.HAKA STOCK EXCHANGE LTD

    DHAKA STOCK EXCHANGE LTD.

    www.dsebd.org www.dse.com.bd

    DSE Indicesas per DSE Bangladesh Index Methodologydesigned and developed by S&P Dow Jones Indices

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    Dhaka Stock Exchange Indices

    The Dhaka Stock Exchange presently computes two indices, DSEBroad Index (DSEX) and DSE 30 Index (DS30). None of the DSEIndices include mutual funds, debentures and bonds.

    DSEXandDS30Index

    Introduction of DSE IndicesThe Dhaka Stock Exchange Limited introduced DSE Broad Index

    (DSEX) and DSE 30 Index (DS30) as per DSE Bangladesh IndexMethodology designed and developed by S&P Dow Jones Indices

    with effect from January 28, 2013. DSEX is the Broad Index of the

    Exchange (Benchmark Index) which reflects around 97% of the total

    equity market capitalization.

    DS30 constructed with 30 leading companies which can be said as

    investable Index of the Exchange. DS30 reflects around 51% of the

    total equity market capitalization. The criteria taken into

    consideration in construction of these Indices are:

    Market Capitalization

    DS30 - Eligible stocks must have a float-adjusted market capitalization

    above 500 million BDT as of the rebalancing reference date.

    DSEX - Eligible stocks must have a float-adjusted market

    capitalization above 100 million BDT. Additionally, if a current

    index constituent falls below the 100 million BDT threshold, but is

    no less than 70 million BDT, then the stock remains in the indexprovided it also meets the other inclusion criteria.

    Float-Adjustment:A stocks weight in an index is determined by

    its float-adjusted market capitalization.

    Liquidity

    DS30- Stocks must have a minimum three-month average dailyvalue traded (ADVT) of 5 million BDT as of the rebalancing

    reference date. Liquidity criteria can be reduced to 3 million BDT

    in certain circumstance to ensure there are enough constituents

    in the index. At each semi-annual rebalancing, if a current index

    constituent falls below 5 million BDT but is no less than 3 million

    BDT then the stock remains in the index provided it also meets

    the other eligibility criteria.

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    DSEX - Stocks must have a minimum six-month ADVT of 1 millionBDT as of the rebalancing reference date. At each annualrebalancing, if a current index constituent falls below 1 millionBDT, but is no less than 0.7 million BDT, then the stock remains inthe index provided it also meets the other eligibility criteria.

    In addition, all eligible stocks for the DSE indices are required totrade at least half of normal trading days each month for the threemonths prior to the rebalancing reference date.

    Financial ViabilityDS30 - Stocks must be profitable as measured by positive netincome over the latest 12-month period, as of the rebalancingreference date. The figure is calculated by adding the latest fourquarters of net income reported for the company.

    DSEX - Financial viability is not required for index membership.

    Sector Classification

    All listed DSE stocks are classified according to the DSE IndustryClassification system. The number of constituents in Banks,Financial Institutions, Insurance sector, Real Estate Sub-sector ofService & Real Estate sector, Pharmaceuticals and Fuel & Power iscapped at 5 each and 20 combined for the DSE Bangladesh 30

    Index. Sector diversification rule is not applied to the DSEBangladesh Broad Index.

    Sector diversification rule is not applied to the DSEX.

    Base Date

    The base dates of the DSE 30 Index (DS30) and The DSE Broad

    Index (DSEX) are January 17, 2008.

    Base Value

    DSE 30 Index (DS30):The base value is 1000 for DS30 Index.

    The DSE Broad Index (DSEX): The DSE Broad index has a basevalue of 2951.91 on Jan 17th 2008 which was the index value of

    the DSE General Index on this date. The new index is a broadmarket index and is designed to reflect the broad marketperformance. Starting the base value at 2951.91 the performanceof the two indices has been linked and we maintain thecontinuity of the performance of the benchmark. The two indicesare very close in design and we can build on the history of theolder index which goes back to 2001.

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    BANKS

    AB Bank

    City BankIFIC Bank

    Islami Bank Bd Ltd

    NBL

    Pubali Bank

    Rupali Bank

    UCBL

    Uttara Bank

    ICB Islamic Bank Ltd

    Eastern Bank

    Al-Arafah Islami Bank

    Prime Bank

    Southeast Bank

    Dhaka Bank

    NCCBL

    Social Islami Bank

    Dutch-Bangla Bank

    Mutual Trust Bank Ltd.

    Standard Bank

    One Bank Limited

    Bank Asia

    Mercantile Bank

    Export Import (Exim) Bank

    Jamuna BankBRAC Bank Ltd.

    Shahjalal Islami Bank

    Premier Bank Ltd.

    Trust Bank Ltd.

    First Security Islami Bank Ltd.

    Financial Institutions

    IDLC Finance Limited

    United Finance Limited

    Uttara Finance

    First Lease Finance and Investment

    Peoples Leasing & Fin. Services Ltd.

    Prime Finance & Invest.

    Premier Leasing & Finance Ltd.

    Islamic Finance & Investment

    LankaBangla Finance Ltd.

    Bangladesh Industrial Fin. Com.

    Industrial Promotion &

    Development com. Of Bd.Ltd

    Union Capital Ltd.

    Bangladesh Finance and Investment

    International Leasing

    Phoenix Finance and InvestmentsFAS Finance & Investment

    Bay Leasing & Investment Ltd.

    GSP Finance Company (Bangladesh)

    ICB

    Delta Brac Housing Fin.Corp. Ltd.

    National Housing Finance

    Fareast Finance & Investment

    Engineering

    Aftab Automobiles

    Bangladesh Lamps

    Eastern Cables

    Singer Bangladesh

    Atlas Bangladesh

    Quasem Drycells

    Renwick Jajneswar

    National tubes

    Bd.Thai Aluminium

    Anwar Galvanizing

    Rangpur Foundry

    S. Alam Cold Rolled Steels

    Golden Son Limited

    National PolymerBSRM Steels Limited

    Navana CNG Limited

    Deshbandhu Polymer Limited

    GPH Ispat Ltd.

    Bengal Windsor Thermoplastics

    Bangladesh Building Systems Ltd.Appollo Ispat Complex Limited

    Shurwid Industries Limited

    Ratanpur Steel Re-Rolling Mills

    IFAD Autos Limited

    Bangladesh Steel Re-Rolling Mills Ltd.

    Food & Allied Product

    Olympic Industries

    Apex Foods

    Bangas

    BATBC

    AMCL (Pran)

    Rahima Food

    Fu Wang Food

    The list of the Companies in the DSEX

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    Beach Hatchery Ltd.

    Fine Foods Limited

    Rangpur Dairy & Food Products

    Golden Harvest Agro Industries Ltd.

    Emerald Oil Industries Limited

    Fuel & Power

    CVO Petrochemical Renery

    Linde Bangladesh Limited

    Padma Oil Co.

    Bd. Welding Electrodes

    Summit Power Ltd.

    Dhaka Electric Supply Company

    Power Grid Company of Bangladesh

    Jamuna Oil Com. Ltd.

    Meghna Petroleum Ltd.Titas Gas Trans. & Dist. Co. Ltd.

    Khulna Power Company Ltd.

    Barakatullah Electro Dynamics

    MJL Bangladesh Limited

    GBB Power Ltd.

    Summit Purbanchol PowerCompany Ltd.

    Shahjibazar Power Co. Ltd.

    Jute

    Sonali Aansh

    Textile

    Al-Haj Textile

    Rahim Textile

    Saiham Textile

    Desh Garments

    Tallu Spinning

    Apex Spinning.

    Mithun Knitting

    Delta Spinners

    Prime Textile

    Alltex Ind. Ltd.

    Anlima Yarn Dyeing Ltd.

    H.R.Textile

    CMC Kamal

    Safko Spinnings

    Square Textile

    Metro Spinning

    Maksons Spinning Mills

    The Dacca Dyeing and

    Manufacturing Co. Ltd.

    R.N. Spinning Mills Ltd.

    Malek Spinning Mills Ltd.

    Zahintex Industries Limited

    Saiham Cotton Mills Limited

    Generation Next Fashions

    Envoy Textiles Limited

    Argon Denims Limited

    Familytex (BD) Ltd.

    Paramount Textile Limited

    Mozaffar Hossain Spinning Mills Ltd.

    Matin Spinning Mills Ltd.

    Hwa Well Textiles (BD) Limited

    Far East Knitting & Dyeing Industries

    Tung Hai Knitting and Dyeing

    Shasha Denims Limited

    Pharmaceuticals & Chemicals

    Ambee Pharma

    Beximco Pharma

    Glaxo SmithKline

    ACI Limited.

    Renata Ltd.Pharma Aids

    The Ibn Sina

    Wata Chemicals Limited

    Beximco Synthetics

    Orion Infusion

    Square Pharmaceuticals Ltd.Keya Cosmetics

    ACI Formulations Ltd.

    Marico Bangladesh Ltd.

    Beacon Pharmaceuticals Ltd.

    Active Fine Chemicals Ltd.

    Salvo Chemical Industry Limited

    Global Heavy Chemicals Limited

    Orion Pharma Ltd.

    JMI Syringes & Medical Devices Ltd.

    Central Pharmaceuticals Ltd.

    AFC Agro Biotech Ltd.

    Far Chemical Industries Ltd.

    Paper & Printing

    Hakkani Pulp & Paper

    Khulna Printing and Packaging

    Services & Realestate

    Samorita Hospital

    Eastern Housing

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    Summit Alliance Port Limited

    SAIF Powertec Limited

    Cement

    Heidelberg Cement Bd.

    Condence Cement

    Meghna Cement

    Aramit Cement

    Lafarge Surma Cement

    M.I. Cement Factory Limited

    Premier Cement Mills Limited

    IT - Sector

    BDCOM Online Ltd.

    In Tech Online Ltd.

    Agni Systems Ltd.

    Daffodil Computers

    Aamra technologies limited

    Tannery

    Apex Tannery

    Bata Shoe

    Apex Footwear Limited

    Legacy Footwear

    Ceramic

    Monno Ceramic

    Fu-Wang Ceramic

    Shinepukur Ceramics Ltd.

    RAK Ceramics (BD) Ltd.

    Insurance

    BGIC

    Green Delta Insurance

    Peoples Insurance

    Eastern Insurance

    Janata Insurance

    Phoenix Insurance

    Eastland Insurance

    Karnaphuli Insurance

    Rupali InsuranceNational Life Insurance

    Federal Insurance

    Reliance Insurance

    Purabi Gen. Insurance

    Delta Life Insurance

    Pragati Insurance

    Sandhani Life Insurance

    Prime Insurance

    Pioneer Insurance

    Mercantile Insurance

    Agrani Insurance Co Ltd.

    Global Insurance Co. Ltd.

    Popular Life Insurance

    Fareast Islami Life Insurance Co. Ltd.

    Meghna Life Insurance

    Nitol Insurance

    Progressive Life Insurance Co. Ltd.

    Asia Pacic Gen Ins

    Sonar Bangla Insurance

    Pragati Life Insurance

    Prime Islami life Insurance

    Paramount Insurance Co. Ltd.

    City General Insurance Co. Ltd.

    Continental Insurance Ltd.

    Takaful Islami Insurance Ltd.

    Northern General Insurance Co. Ltd.

    Republic Insurance Company Ltd.

    Asia Insurance Co. Ltd.

    Rupali Life Insurance Co.Ltd.

    Islami Insurance BD. Ltd.

    Provati Insurance ltd.

    Dhaka Insurance Co. Ltd.

    Padma Islami Life Insurance Limited

    Sunlife Insurance Company Limited

    Telecommunication

    Grameenphone Ltd.

    Bangladesh Submarine Cable

    Travel and Leisure

    United Airways (BD) Ltd.

    Unique Hotel & Resorts Limited

    The Peninsula Chittagong Ltd.

    Miscellaneous

    AramitBSC

    GQ Ball Pen

    Usmania Glass

    BEXIMCO

    Sinobangla Industries

    Miracle Ind.

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    BANKS

    BRAC Bank Ltd.

    Islami Bank Bd Ltd

    NBL

    Pubali Bank

    UCBL

    FINANCIAL INSTITUTIONS

    IDLC Finance Limited

    ENGINEERING

    Aftab Automobiles

    BSRM Steels Limited

    FOOD & ALLIED PRODUCT

    British American Tobacco Bangladesh Ltd.

    Olympic Industries Limited

    FUEL & POWER

    Titas Gas Trans. & Dist. Co. Ltd.Jamuna Oil Com. Ltd.

    Meghna Petroleum Ltd.

    Padma Oil Co.

    Summit Power Ltd.

    TEXTILESquare Textile Limited

    PHARMACEUTICALS & CHEMICALS

    Square Pharmaceuticals Ltd.

    ACI Limited

    Beximco Pharma

    Orion Pharma Ltd.

    Renata Ltd.

    CEMENT

    Heidelberg Cement Bangladesh Ltd.

    Lafarge Surma Cement Ltd.

    CERAMICS

    RAK Ceramics (BD) Ltd.

    INSURANCE

    Delta Life Insurance

    TELECOMMUNICATION

    Grameenphone Ltd.

    Bangladesh Submarine Cable Co. Ltd.

    TRAVEL AND LEISURE

    United Airways (BD) Ltd.

    Unique Hotel & Resorts Ltd.

    MISCELLANEOUSBEXIMCO Ltd.

    List Of Constituents of DSE 30 (DS30) Index

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    As per DSE Bangladesh Index Methodology

    designed and developed by S&P Dow JonesIndices Interim IPO additions to the DSE Broad

    Index (DSEX) take place quarterly on the third

    Thursday of April, July and October. Quarterly

    IPO Rebalance is to be considered eligible for

    inclusion, an IPO must fall within the top half of

    the ranked companies, by float-adjusted marketcapitalization and have at least one month of

    sufficient liquidity at each quarterly observation

    date.

    After ranking the companies in accordance with

    Methodology, following one (1) company qualified

    for inclusion in the DSEXwith effects from October18, 2015.

    1 Olympic Accessories Limited

    As a result, total numbers of constituents in DSEX

    stands at 245 (Two Hundred and Forty Five).

    Quarterly IPO Addition