dsex & ds30.pdf
TRANSCRIPT
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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