Market Status: Closed    Wed 24 May 17, 5:52 PM (BST)

1JANATAMF 7.20 0.2
FIRST JANATA BANK MF 46,670 2.86%
AAMRATECH 39.90 0.6
AAMRA TECHNOLOGIES LTD. 78,890 1.53%
ABB1STMF 7.00 0.2
AB BANK 1ST MUTUAL FUND 1,902 2.94%
ABBANK 18.90 -0.2
AB BANK 157,715 -1.05%
ACI 520.10 -4
ACI 1,834 -0.76%
ACMELAB 114.70 0
THE ACME LABORATORIES LTD. 24,425 0.00%
ACTIVEFINE 51.40 0.8
ACTIVE FINE CHEMICALS 84,725 1.58%
AFCAGRO 57.20 0
AFC AGRO BIOTECH LIMITED 10,160 0.00%
AFTABAUTO 64.10 0.2
AFTAB AUTO. 15,311 0.31%
AGNISYSL 27.90 0.1
AGNI SYSTEMS 281,976 0.36%
AIBL1STIMF 8.00 0
AIBL 1ST ISLAMIC MF 1,000 0.00%
ALARABANK 16.80 0.1
AL-ARAFAH ISLAMI BANK 20,578 0.60%
ALLTEX 11.50 -0.5
ALLTEX IND. 1,204 -4.17%
AMANFEED 74.70 0.9
AMAN FEED LIMITED 3,001 1.22%
ANLIMAYARN 30.80 -0.6
ANLIMA YARN 500 -1.91%
ANWARGALV 68.60 0.6
ANWAR GALVANIZING 4,710 0.88%
APEXFOOT 333.00 0.1
APEX ADELCHI FOOTW. 107 0.03%
APEXSPINN 107.00 0
APEX SPINNING 549 0.00%
APEXTANRY 148.00 0
APEX TANNERY 50 0.00%
APOLOISPAT 19.00 -0.1
APPOLLO ISPAT COMPLEX LTD 116,725 -0.52%
ARAMITCEM 36.00 -0.7
ARAMIT CEMENT 7,600 -1.91%
ARGONDENIM 34.60 -0.3
ARGON DENIMS LIMITED 52,112 -0.86%
ATCSLGF 10.20 -0.5
ASIAN TIGER SANDHANI LIFE GROWTH FUND 2,036 -4.67%
BANGAS 117.00 -2.9
BANGAS 247 -2.42%
BANKASIA 14.80 -0.1
BANK ASIA 18,640 -0.67%
BARKAPOWER 44.40 2
BARAKA POWER LIMITED 1,347,178 4.72%
BATASHOE 1,122.00 1
BATA SHOE 2 0.09%
BBS 48.60 0.5
BANGLADESH BUILDING SYSTEMS LIMITED 306,991 1.04%
BDCOM 39.60 0.2
BDCOM ONLINE 46,130 0.51%
BDFINANCE 19.70 -0.8
BD FINANCE 37,267 -3.90%
BDLAMPS 170.00 -6.5
BD. LAMPS 150 -3.68%
BDTHAI 26.50 0.1
BD. THAI ALLUMINIUM 29,982 0.38%
BDWELDING 13.20 -0.1
BD WELDING 5,130 -0.75%
BEACHHATCH 14.90 0.1
BEACH HATCHERY 44,850 0.68%
BEACONPHAR 21.00 -0.1
BEACON PHARMA 75,838 -0.47%
BENGALWTL 46.50 -0.6
BENGAL WINDSOR THERMOPLASTICS LIMITED 5,341 -1.27%
BEXIMCO 33.40 1
BEXIMCO LIMITED 477,530 3.09%
BGIC 17.80 -0.5
BANGLADESH GENERAL INS. 7,600 -2.73%
BIFC 9.30 0
BD INDUSTRIAL FINANCE 3,928 0.00%
BNICL 16.70 0.5
BANGLADESH NATIONAL INSURANCE COMPANY LIMITED 550 3.09%
BRACBANK 74.20 -0.3
BRAC BANK 24,593 -0.40%
BSC 620.00 -2.9
B.S.C. 21,499 -0.47%
BSCCL 117.00 -0.3
BANGLADESH SUBMARINE CABLE CO. LTD. 7,126 -0.26%
BSRMLTD 131.90 -0.1
BANGLADESH STEEL RE-ROLLING MILLS LIMITED 6,581 -0.08%
BSRMSTEEL 90.80 -0.6
BSRM STEELS 28,847 -0.66%
BXPHARMA 109.10 1.8
BEXIMCO PHARMA 48,103 1.68%
CAPMBDBLMF 8.50 0.2
CAPM BDBL MUTUAL FUND 01 2,000 2.41%
CENTRALPHL 28.20 -0.3
CENTRAL PHARMACEUTICALS LIMITED 40,368 -1.05%
CITYBANK 33.00 0.4
CITY BANK 203,200 1.23%
CNATEX 9.50 -0.1
C & A TEXTILES LIMITED 99,460 -1.04%
CONFIDCEM 132.20 -0.8
CONFIDENCE CEMENT 365 -0.60%
CONTININS 20.00 0.5
CONTINENTAL INSURANCE 1,085 2.56%
CVOPRL 200.00 -1.4
CVO PETROCHEMICAL 251 -0.70%
DACCADYE 7.90 0
DACCA DYEING 13,446 0.00%
DAFODILCOM 39.70 -0.5
DAFFODIL COMPUTERS 3,000 -1.24%
DBH 113.50 1
DELTA BRAC HOUSING 3,100 0.89%
DBH1STMF 8.40 0
DBH FIRST MF 2,060 0.00%
DELTALIFE 95.00 -0.3
DELTA LIFE INSURAN 2,075 -0.31%
DELTASPINN 11.50 0
DELTA SPINNERS 178,358 0.00%
DESCO 49.20 -0.1
DHAKA ELECTRIC SUPPLY 23,260 -0.20%
DESHBANDHU 18.10 0.1
DESHBANDHU POLYMER 5,616 0.56%
DHAKABANK 17.10 0
DHAKA BANK 2,100 0.00%
DOREENPWR 137.50 -2.7
DOREEN POWER GENERATIONS AND SYSTEMS LIMITED 39,895 -1.93%
DSSL 20.40 -0.1
DRAGON SWEATER AND SPINNING LIMITED 59,661 -0.49%
DUTCHBANGL 98.50 3.5
DUTCH-BANGLA BANK 50 3.68%
EASTERNINS 28.20 1.1
EASTERN INS 200 4.06%
EBL 31.00 0.2
EASTERN BANK 631 0.65%
EBL1STMF 7.40 0
EBL FIRST MF 11,000 0.00%
EBLNRBMF 6.90 0.1
EBL NRB MUTUAL FUND 4,320 1.47%
ECABLES 138.00 -0.5
EASTERN CABLES 300 -0.36%
EHL 48.00 0.3
EASTERN HOUSING 4,480 0.63%
EMERALDOIL 24.00 0.6
EMERALD OIL INDUSTRIES LIMITED 40,768 2.56%
ENVOYTEX 37.50 0.1
ENVOY TEXTILES LIMITED 2,000 0.27%
ETL 22.60 -0.1
EVINCE TEXTILES LIMITED 168,571 -0.44%
EXIMBANK 10.10 -0.1
EXPORT IMPORT BANK 191,391 -0.98%
FAMILYTEX 8.10 0
FAMILYTEX(BD) LIMITED 126,420 0.00%
FARCHEM 25.20 -0.1
FAR CHEMICAL INDUSTRIES LIMITED 140,000 -0.40%
FAREASTFIN 9.90 -0.1
FAREAST FINANCE & INVESTMENT LIMITED 180,654 -1.00%
FASFIN 17.80 -0.1
FAS FINANCE & INVESTMENT 218,225 -0.56%
FBFIF 6.60 0.1
FIRST BD FIXED INCOME FUND 65,982 1.54%
FEDERALINS 11.40 -0.4
FEDERAL INSURANCE 4,465 -3.39%
FEKDIL 25.00 0.1
FAR EAST KNITTING & DYEING INDUSTRIES LIMITED 5,072 0.40%
FINEFOODS 26.70 0.2
FINE FOODS 4,440 0.75%
FIRSTFIN 10.80 -0.7
FIRST FINANCE LIMITED 24,413 -6.09%
FORTUNE 55.10 -0.7
FORTUNE SHOES LIMITED 18,578 -1.25%
FUWANGCER 18.20 0.2
FU-WANG CERAMIC 19,981 1.11%
FUWANGFOOD 15.20 -0.1
FU-WANG FOODS 40,316 -0.65%
GBBPOWER 23.10 0.1
GBB POWER LIMITED 82,675 0.43%
GENNEXT 9.30 -0.1
GENERATION NEXT FASHIONS LIMITED 128,254 -1.06%
GHAIL 44.90 1.9
GOLDEN HARVEST AGRO INDUSTRIES LIMITED 738,872 4.42%
GHCL 39.00 -0.5
GLOBAL HEAVY CHEMICALS LIMITED 2,551 -1.27%
GOLDENSON 17.10 -0.1
GOLDEN SON 43,450 -0.58%
GP 331.10 -0.6
GRAMEENPHONE 650 -0.18%
GPHISPAT 43.50 -0.4
GPH ISPAT LIMITED 30,190 -0.91%
GQBALLPEN 89.50 1.2
GQ BALL PEN 1,500 1.36%
GRAMEENS2 14.50 0.3
GRAMEEN MF TWO 13,386 2.11%
GREENDELMF 8.30 0
GREEN DELTA MF 1,820 0.00%
GSPFINANCE 27.70 0.2
GSP FINANCE (BD) LTD 8,486 0.73%
HAKKANIPUL 53.60 -0.6
HAKKANI PULP & PAPER 3,958 -1.11%
HEIDELBCEM 458.00 3
HEIDELBERG CEMENT 150 0.66%
HFL 23.70 -0.2
HAMID FABRICS LIMITED 25,236 -0.84%
IBNSINA 242.10 -6.9
IBN SINA PHARMA 536 -2.77%
ICB 183.50 4.9
I.C.B. 503 2.74%
ICB3RDNRB 7.80 0.5
ICB AMCL 3RD NRB MF 257,547 6.85%
ICBAMCL2ND 9.20 0.1
ICB AMCL SECOND MF 550 1.10%
ICBEPMF1S1 8.40 0.3
ICB EMPLOYEES PROV MF-1 336,444 3.70%
ICBSONALI1 8.70 0.2
ICB AMCL SONALI BANK LIMITED 1ST MUTUAL FUND 7,000 2.35%
IDLC 70.30 -0.7
IDLC FINANCE 2,500 -0.99%
IFADAUTOS 135.60 -2.2
IFAD AUTOS LIMITED 49,508 -1.60%
IFIC 16.10 0.1
IFIC BANK 21,680 0.63%
IFIC1STMF 6.80 0
IFIC BANK 1ST MF 1,400 0.00%
IFILISLMF1 8.20 0
IFIL ISLAMIC MF-1 500 0.00%
ILFSL 14.00 -0.2
INTERNATIONAL LEASING 61,685 -1.41%
INTECH 18.20 0
INTECH ONLINE 195,782 0.00%
IPDC 40.00 1.5
INDUSTRIAL PROMOTION 4,641 3.90%
ISLAMIBANK 32.70 0.1
ISLAMI BANK 259,003 0.31%
ISLAMICFIN 22.50 -0.4
ISLAMIC FINANCE 36,000 -1.75%
ISLAMIINS 24.40 -0.4
ISLAMI INSURANCE 207,275 -1.61%
ITC 48.80 0.5
INFORMATION TECHNOLOGY CONSULTANTS LIMITED 99,921 1.04%
JAMUNABANK 18.80 0.3
JAMUNA BANK 27,286 1.62%
JAMUNAOIL 205.00 -0.1
JAMUNA OIL 5,271 -0.05%
JANATAINS 10.00 -0.4
JANATA INSURANCE 180,500 -3.85%
KAY&QUE 53.40 -0.2
KAY & QUE (BD) 1,290 -0.37%
KBPPWBIL 23.20 0.1
KHAN BROTHERS PP WOVEN BAG INDUSTRIES LIMITED 216,695 0.43%
KDSALTD 76.00 0
KDS ACCESSORIES LIMITED 48,750 0.00%
KEYACOSMET 14.30 0
KEYA COSMETICS 129,111 0.00%
KPCL 57.80 0.2
KHULNA POWER 81,886 0.35%
KPPL 7.90 0
KHULNA PRINTING & PACKAGING LIMITED 5,182 0.00%
LAFSURCEML 65.20 0.2
LAFARGE SURMA CEMENT 64,776 0.31%
LANKABAFIN 48.70 -0.4
LANKA BANGLA FINANCE 110,479 -0.81%
LEGACYFOOT 22.00 -0.2
LEGACY FOOTWEAR 14,938 -0.90%
LIBRAINFU 525.00 -20
LIBRA INFUSIONS 33 -3.67%
LINDEBD 1,280.00 75
LINDE BANGLADESH LTD 5 6.22%
MAKSONSPIN 9.10 0
MAKSONS SPINNING 17,570 0.00%
MALEKSPIN 22.10 -0.4
MALEK SPINNING 9,705 -1.78%
MARICO 1,010.20 -2.5
MARICO BANGLADESH 10 -0.25%
MATINSPINN 38.90 -0.6
MATIN SPINNING MILLS LIMITED 2,890 -1.52%
MBL1STMF 8.40 -0.1
MBL 1ST MF 34,240 -1.18%
MERCANBANK 16.90 0
MERCANTILE BANK 14,006 0.00%
METROSPIN 7.80 -0.1
METRO SPINNING 16,288 -1.27%
MHSML 29.30 0.3
MOZAFFAR HOSSAIN SPINNING MILLS LIMITED 26,522 1.03%
MICEMENT 91.20 -0.4
M.I. CEMENT 12,450 -0.44%
MIRACLEIND 45.80 1.5
MIRACLE INDUSTRIES 15,990 3.39%
MITHUNKNIT 44.50 -0.1
MITHUN KNITTING 8,320 -0.22%
MJLBD 120.30 0.9
MJL BANGLADESH LIMITED 121,160 0.75%
MONNOCERA 38.10 -0.2
MONNO CERAMIC 13,105 -0.52%
MPETROLEUM 197.00 2
MEGHNA PETROLEUM 106 1.03%
MTB 26.20 0.3
MUTUAL TRUST BANK LIMITED 7,954 1.16%
NAVANACNG 70.50 0.5
NAVANA CNG 3,482 0.71%
NBL 13.00 0.1
NATIONAL BANK 200,937 0.78%
NCCBANK 12.80 -0.2
NATIONAL CREDIT & COM. BNK 162,620 -1.54%
NCCBLMF1 7.20 -0.2
NCCBL MUTUAL FUND-1 23,800 -2.70%
NFML 26.90 0.5
NATIONAL FEED MILL LIMITED 443,094 1.89%
NHFIL 47.50 -1.3
NATIONAL HOUSING 2,600 -2.66%
NORTHRNINS 23.50 0.2
NORTHERN GENERAL INS. 10,000 0.86%
OAL 25.30 0.1
OLYMPIC ACCESSORIES LIMITED 62,838 0.40%
OLYMPIC 274.00 1.2
OLYMPIC INDUSTRIES 2,265 0.44%
ONEBANKLTD 19.90 0.5
ONE BANK 19,358 2.58%
ORIONINFU 58.90 0.6
ORION INFUSION 19,845 1.03%
ORIONPHARM 47.90 0.2
ORION PHARMA LIMITED 11,630 0.42%
PADMALIFE 43.00 3.8
PADMA ISLAMI LIFE INSURANCE 2,810 9.69%
PADMAOIL 244.80 -0.3
PADMA OIL 233 -0.12%
PARAMOUNT 19.00 0
PARAMOUNT INSURANCE 7,000 0.00%
PDL 22.20 0
PACIFIC DENIMS LIMITED 139,088 0.00%
PENINSULA 25.90 2.3
THE PENINSULA CHITTAGONG LIMITED 73,443 9.75%
PF1STMF 7.80 0.3
PHOENIX FINANCE 1ST MF 2,430 4.00%
PHOENIXFIN 25.00 0.7
PHOENIX FINANCE 13,970 2.88%
PHPMF1 8.00 -0.1
PHP FIRST MF 37,910 -1.23%
PLFSL 8.80 0
PEOPLE'S LEASING 7,868 0.00%
POPULAR1MF 6.70 -0.1
POPULAR LIFE FIRST MF 31,418 -1.47%
POWERGRID 52.30 -0.5
POWER GRID 1,300 -0.95%
PREMIERBAN 11.60 -0.1
PREMIER BANK 161,332 -0.85%
PREMIERLEA 18.10 -0.6
PREMIER LEASING 66,255 -3.21%
PRIMEBANK 20.90 0.2
PRIME BANK 11,242 0.97%
PRIMEFIN 10.90 -0.1
PRIME FINANCE 1,750 -0.91%
PRIMELIFE 55.00 -4.5
PRIME ISLAMI LIFE INS. 1,300 -7.56%
PRIMETEX 25.60 -0.6
PRIME TEXTILE 10 -2.29%
PROVATIINS 17.00 -1.4
PROVATI INSURANCE 670 -7.61%
PTL 34.80 1.8
PARAMOUNT TEXTILE LIMITED 537,860 5.45%
PUBALIBANK 22.60 0
PUBALI BANK 1,293 0.00%
QSMDRYCELL 92.20 -0.3
QUASEM DRYCELLS 280 -0.32%
RAHIMAFOOD 110.00 0.8
RAHIMA FOOD CORP. 700 0.73%
RAKCERAMIC 56.40 0.7
R.A.K. CERAMICS 12,489 1.26%
RANFOUNDRY 123.00 -2.5
RANGPUR FOUNDRY 350 -1.99%
RDFOOD 16.80 0
RAGPUR DAIRY & FOOD PRO 60,760 0.00%
REGENTTEX 30.00 0.8
REGENT TEXTILE MILLS LIMITED 113,481 2.74%
RELIANCE1 10.20 0.2
RELIANCE ONE MUTUAL FUNDS 100 2.00%
RELIANCINS 43.00 0.9
RELIANCE INSURANCE 100 2.14%
RNSPIN 21.10 -0.1
R. N. SPINNING 54,095 -0.47%
RSRMSTEEL 85.00 -1.1
RATANPUR STEEL RE-ROLLING MILLS LIMITED 15,300 -1.28%
RUPALIBANK 27.20 1.6
RUPALI BANK 2,600 6.25%
RUPALIINS 17.50 -0.3
RUPALI INSURANCE 200 -1.69%
RUPALILIFE 42.50 0.5
RUPALI LIFE INSURANCE 130 1.19%
SAIFPOWER 42.30 0.3
SAIF POWERTEC LTD. 208,804 0.71%
SAIHAMCOT 17.00 -0.7
SAIHAM COTTON MILLS LTD. 6,469 -3.95%
SAIHAMTEX 20.90 -0.3
SIAHAM TEXTILE 10,700 -1.42%
SALAMCRST 34.50 0.8
S ALAM STEELS 4,200 2.37%
SALVOCHEM 23.80 0.2
SALVO CHEMICAL 4,917 0.85%
SANDHANINS 33.50 -2.9
SANDHANI LIFE INS. 500 -7.97%
SAPORTL 39.90 0
SUMMIT ALLIANCE PORT 8,095 0.00%
SHAHJABANK 15.00 0
SHAHJALAL ISLAMI BANK 13,255 0.00%
SHASHADNIM 68.10 -0.6
SHASHA DENIMS LIMITED 1,630 -0.87%
SHEPHERD 39.00 -0.5
SHEPHERD INDUSTRIES LIMITED 10,618 -1.27%
SHURWID 9.40 0.3
SHURWID INDUSTRIES LTD. 9,011 3.30%
SIBL 22.10 0.8
SOCIAL ISLAMI BANK 31,290 3.76%
SIMTEX 27.50 -0.5
SIMTEX INDUSTRIES LIMITED 1,924 -1.79%
SINGERBD 179.90 0.6
SINGER BD 1,456 0.33%
SINOBANGLA 36.50 -0.4
SINOBANGLA INDUSTRIES 1,000 -1.08%
SONARBAINS 16.70 -1.3
SONAR BANGLA INSURANCE 2,077 -7.22%
SOUTHEASTB 17.30 0
SOUTHEAST BANK 29,134 0.00%
SPCERAMICS 12.30 0.1
SHINEPUKUR CERAMICS 28,500 0.82%
SPCL 142.40 -1.5
SHAHJIBAZAR POWER CO. LTD. 7,391 -1.04%
SQUARETEXT 63.50 -0.4
SQUARE TEXTILES 2,400 -0.63%
SQURPHARMA 282.00 -0.6
SQUARE PHARMA 9,312 -0.21%
STANCERAM 60.00 0.5
STANDARD CERAMIC 800 0.84%
STANDBANKL 10.50 0
STANDARD BANK 19,490 0.00%
SUMITPOWER 38.60 0
SUMMIT POWER 33,277 0.00%
SUNLIFEINS 22.40 1.3
SUNLIFE INSURANCE COMPANY LIMITED 35 6.16%
TAKAFULINS 19.40 0.2
TAKAFUL ISLAMI INS. 700 1.04%
TALLUSPIN 9.20 -0.7
TALLU SPINNING 1,100 -7.07%
TITASGAS 49.00 -0.2
TITAS GAS 20,327 -0.41%
TOSRIFA 26.00 0.9
TOSRIFA INDUSTRIES LIMITED 14,440 3.59%
TRUSTB1MF 6.90 0
TRUST BANK FIRST MF 42,100 0.00%
TRUSTBANK 24.50 0.2
TRUST BANK 5,125 0.82%
TUNGHAI 15.60 -0.1
TUNG HAI KNITTING AND DYEING LIMITED 222,100 -0.64%
UCB 16.90 0.1
U.C.B.L. 70,473 0.60%
UNIONCAP 26.70 0
UNION CAPITAL 17,314 0.00%
UNIQUEHRL 54.30 0.3
UNIQUE HOTEL & RESORTS LTD. 3,400 0.56%
UNITEDAIR 5.90 0.5
UNITED AIRWAYS 384,092 9.26%
UPGDCL 177.00 1.5
UNITED POWER GENERATION & DISTRIBUTION COMPANY LIMITED 28,773 0.85%
USMANIAGL 90.70 0
USMANIA GLASS 213 0.00%
UTTARABANK 23.20 0.2
UTTARA BANK 2,882 0.87%
UTTARAFIN 57.00 -0.3
UTTARA FINANCE 11,327 -0.52%
WMSHIPYARD 36.50 -1
WESTERN MARINE SHIPYARD LIMITED 24,476 -2.67%
YPL 27.30 0
YEAKIN POLYMER LIMITED 13,416 0.00%
ZAHEENSPIN 26.20 -0.3
ZAHEEN SPINNING LIMITED 53,313 -1.13%
ZAHINTEX 19.00 -0.2
ZAHINTEX INDUSTRIES LIMITED 6,514 -1.04%

CSE ALL SHARE PRICE INDEX

A good market representative index should involve:

  • Scientific calculation formulas with clear adjustment procedure
  • Logical scrip selection criteria
  • Distinct base date
  • Meaningful base value

The only index the CSE has been maintaining since 10th October 1995 is a ALL SHARE PRICE INDEX using Chained Paasche method. It faces question of clarity. This index was subject to unusual ups and downs and without a distinct base value. Therefore in need of a clean slate CSE finds the date 1 January 2000 is the best date to start new Indices:

An All Share Price Index with new formula and base date 30th December 1999 (the last day of the year) and new base index of thousand (to mark the millenium) will replace the existing one and A completely new Selective Index incorporating 30 scrips with base date 30th December 1999 and base index 1000.

We have studied index of a number of bourses and found that the Laspayers Method to calculate index is regarded as the most transparent and scientific method. The method is described below in this write-up.
The following conditions will be followed while calculating the All Share Price Index:

  • All Share Price Index does not necessarily mean that all the listed stocks should be considered for calculating the index. Inactive stocks not being traded for consecutive six months will not be considered in the calculation.
  • Only the active scrips will be considered for calculating the index.
  • Mutual Funds and Debt securities will not be considered in calculating index.
  • A newly listed scrip will be included in the index after five consecutive trading days.
  • Only normal trades should be considered in calculating index.
  • All share price index will be calculated only once in a day - after the trading hour in the on line system.
  • No changes in number of shares will be allowed during VECTOR session.
  • Index committee will review the index - its criteria, performance, calculation method after every six month.
  • Index Base Date is 30th December 1999
  • Base Day index 1000

CSE SELECTIVE INDEX (CSE - 30)

At the beginning of new millennium a selective Index will be introduced, which is found to be very popular in almost all the developed exchanges worldwide. Here the selection criteria play a very important role in forming an index.

Criteria for a Selective Index

It provides a discussion about the important criterion for an index, which is to be used as a benchmark of performance. The criterion is that the movement of the index fully represents the aggregate movement of the index's constituent assets and that the index's returns are realizable by an investor who has held a portfolio identical to the asset mix of the index. Value-Weighted Index satisfies the above criterion.
Selection of stocks for the benchmark index should be such that it represents the whole market. In addition it will be guaranteed that the constituent stocks have high percentage coverage of the market in terms of market value. This will make it difficult if not possible for a few investors to manipulate the movement of the index.

CRITERIA FOR CSE-30 INDEX

(After revision in the Listing & Index Committee Meeting held on 28th Apr 2009)
Two layer methods are followed for selection of listed companies in the CSE-30 Index. In the first layer method, basic criteria are considered for primary selection.

BASIC CRITERIA

  • Must be listed with the Chittagong Stock Exchange Limited.
  • In case of IPO/New Issue, this should be on listing either with DSE or CSE for a minimum period of 2 years or remained in Commercial Production in Bangladesh for the minimum same period prior to its listing.
  • Companies that did not hold their Annual General Meetings regularly will not be considered.
  • Minimum market capitalization must be Tk. 200 million and at least two times of paid-up capital.
  • Must have at least 20% free floating share capital. Free floating share capital shall mean the share capital which will exclude Govt's holding (other than ICB), Sponsors/Directors & their Associates' holding plus other locked-in portions.
  • Must have positive revenue reserve/ retained earnings.
  • Must be traded for at least 50% trading days of the six monthly review period.
  • Paid dividend in any of the last 2 years.
  • Company having negative Earning Per Share (EPS) for last two consecutive years will not be considered.
  • Company falling under settlement category 'Z' will not be considered.
  • Financial Institution falling under the problem list of Bangladesh Bank will not be considered provided such information is available from an acceptable source.
  • Company failing to pay the listing fees and/or penalty imposed under the Listing Regulations of CSE for a period of 2 years will not be considered.
  • At least one company from each sector having minimum seven companies will be taken in the index if the scrip satisfies the above criteria and achieves the minimum point (50 points) as evaluated on the basis of the following Selection Criteria. The sector having less than seven companies will be considered to be a part of Miscellaneous Sector.

On being qualified on the basis of the Basic Criteria, the companies are required to meet the following further Selection Criteria to have the final berth in CSE-30 Index.

SELECTION CRITERIA

  • Higher Net Assets Value (NAV) per share
  • Higher rate of Earning Per Share (EPS)
  • Higher rate of Dividend
  • Lower Price Earning (PE) Ratio
  • Higher Dividend Yield (DY)
  • Higher rate of free floating in equity
  • Larger number of shareholders
  • Higher liquidity in terms of trading day
  • Higher liquidity in terms of number of contract
  • Longer duration of continuous remaining in the CSE-30 Index
  • Regular payment of listing fees

Conditions to be followed while forming the selective Index:

  • Only the active scrips will be considered for calculating the index.
  • Mutual Funds and Debt securities will not be considered in this index.
  • Only normal public market trades will be considered.
  • Selective Index will be refreshed after 3 minutes time interval during online trade.
  • At the time of update the Selective Index will consider the Weighted Average Price for each constituent stock. (Example annexed)
  • No changes in number of shares will be allowed during the bussiness sessions.
  • Index committee will review the index - its criteria, performance, calculation method after every six month.
  • Index Base Date is 30th December 1999
  • Base Day index is set to be 1000.

CSE Selective Categories Index - CSCX

Chittagong Stock Exchange (CSE) launched a new index named CSCX (CSE Selective Categories' Index) comprised A, B & G category companies from 14th February 2004 to replace the earlier CSE Trade Volume Weighted Index.
The Base Date of this index is 15th April 2001 (when A, B & Z category were introduced) and Base Value is set to 1000.
The new index includes all but not the Z category companies. This also excludes the companies/scrips which are debt securities, mutual funds, suspended for indifinte period and non-traded for preceding six months of review meeting. The index will be reviewed in the Index Committee Meeting after every six months like other two indices of CSE.
This index will be disseminated on line to all the Brokers' Work Stations (BWSs) during trading sessions and after every three minutes the index value will be refreshed.
According to the said bases of this index the value of the index on 11th February 2004 stands at 1165.3754. A graphical view from its inception i.e. 15th April 2001 is as below:



The construction principle of this index based on Laspeyres method like other two CSE indices, CSE All Share Price Index and CSE-30 Index. It may be mentioned here that the base value of these two indices was also set to 1000 with a base date 30th December 1999. The current values (as on 11th Feruary 2004) of CSE All Share Price Index and CSE-30 Index are 1601.54 and 1483.60 respectively.