Market Status: Closed    Wed 16 Aug 17, 7:15 PM (BST)

1JANATAMF 7.40 0
FIRST JANATA BANK MF 58,366 0.00%
AAMRATECH 36.80 -0.9
AAMRA TECHNOLOGIES LTD. 25,660 -2.39%
ABB1STMF 7.40 -0.2
AB BANK 1ST MUTUAL FUND 131,300 -2.63%
ABBANK 20.90 -0.2
AB BANK 577,009 -0.95%
ACI 513.00 -1
ACI 836 -0.19%
ACIFORMULA 204.00 1
ACI FORMULATIONS 3,487 0.49%
ACMELAB 116.50 -1.5
THE ACME LABORATORIES LTD. 2,288 -1.27%
ACTIVEFINE 47.60 -0.6
ACTIVE FINE CHEMICALS 91,867 -1.24%
AFCAGRO 59.90 2.1
AFC AGRO BIOTECH LIMITED 10,760 3.63%
AFTABAUTO 68.00 -0.6
AFTAB AUTO. 8,210 -0.87%
AGNISYSL 27.10 -0.2
AGNI SYSTEMS 29,907 -0.73%
ALARABANK 19.80 -0.2
AL-ARAFAH ISLAMI BANK 142,060 -1.00%
ALLTEX 13.00 -0.9
ALLTEX IND. 2,300 -6.47%
AMANFEED 75.50 -0.8
AMAN FEED LIMITED 2,055 -1.05%
ANLIMAYARN 33.70 0.2
ANLIMA YARN 33,934 0.60%
ANWARGALV 84.00 -1.2
ANWAR GALVANIZING 3,275 -1.41%
APEXFOODS 147.00 -0.6
APEX FOOD 2,099 -0.41%
APEXSPINN 118.40 -1.8
APEX SPINNING 399 -1.50%
APEXTANRY 150.00 -2.2
APEX TANNERY 2,463 -1.45%
APOLOISPAT 20.50 -0.3
APPOLLO ISPAT COMPLEX LTD 188,479 -1.44%
ARAMIT 399.90 14.5
ARAMIT 321 3.76%
ARAMITCEM 36.00 -0.4
ARAMIT CEMENT 31,000 -1.10%
ARGONDENIM 34.40 -0.2
ARGON DENIMS LIMITED 50,764 -0.58%
ASIAPACINS 24.40 2.2
ASIA PACIFIC GENERAL INS. 1,500 9.91%
ATCSLGF 13.80 -0.1
ASIAN TIGER SANDHANI LIFE GROWTH FUND 133,700 -0.72%
BANGAS 137.90 0.9
BANGAS 78 0.66%
BANKASIA 20.70 -1
BANK ASIA 89,614 -4.61%
BARKAPOWER 42.30 -0.8
BARAKA POWER LIMITED 24,224 -1.86%
BATASHOE 1,209.90 29.9
BATA SHOE 32 2.53%
BAYLEASING 27.10 0.1
BAY LEASING 3,200 0.37%
BBS 47.80 -0.1
BANGLADESH BUILDING SYSTEMS LIMITED 66,730 -0.21%
BBSCABLES 126.20 11.4
BBS CABLES LTD. 216,017 9.93%
BDCOM 42.00 0
BDCOM ONLINE 11,000 0.00%
BDFINANCE 19.00 -0.1
BD FINANCE 83,738 -0.52%
BDLAMPS 191.10 -5.5
BD. LAMPS 20 -2.80%
BDTHAI 25.80 -0.5
BD. THAI ALLUMINIUM 71,120 -1.90%
BDWELDING 17.50 -0.1
BD WELDING 2,600 -0.57%
BEACHHATCH 15.90 -1.6
BEACH HATCHERY 27,367 -9.14%
BEACONPHAR 22.40 -0.2
BEACON PHARMA 133,879 -0.88%
BEXIMCO 32.10 -0.5
BEXIMCO LIMITED 293,399 -1.53%
BGIC 19.50 -0.2
BANGLADESH GENERAL INS. 588 -1.02%
BIFC 10.50 -0.5
BD INDUSTRIAL FINANCE 1,050 -4.55%
BNICL 18.40 0
BANGLADESH NATIONAL INSURANCE COMPANY LIMITED 2,150 0.00%
BRACBANK 83.50 0.1
BRAC BANK 14,801 0.12%
BSC 49.10 -1.4
B.S.C. 45,664 -2.77%
BSCCL 118.70 -1.5
BANGLADESH SUBMARINE CABLE CO. LTD. 13,763 -1.25%
BSRMLTD 133.10 -1.6
BANGLADESH STEEL RE-ROLLING MILLS LIMITED 18,620 -1.19%
BSRMSTEEL 87.00 -2
BSRM STEELS 11,820 -2.25%
BXPHARMA 106.50 -1.5
BEXIMCO PHARMA 5,775 -1.39%
BXSYNTH 8.70 -0.2
BEXIMCO SYNTHETICS 15,615 -2.25%
CENTRALPHL 27.50 -0.8
CENTRAL PHARMACEUTICALS LIMITED 78,038 -2.83%
CITYBANK 43.10 -1.1
CITY BANK 86,704 -2.49%
CITYGENINS 18.20 -0.1
CITY GENERAL INSURANCE 1,700 -0.55%
CNATEX 13.70 0
C & A TEXTILES LIMITED 653,081 0.00%
CONFIDCEM 158.30 -2.1
CONFIDENCE CEMENT 8,878 -1.31%
CONTININS 21.60 0.2
CONTINENTAL INSURANCE 5,250 0.93%
CVOPRL 230.90 -0.6
CVO PETROCHEMICAL 4,343 -0.26%
DACCADYE 9.50 -0.5
DACCA DYEING 20,110 -5.00%
DAFODILCOM 51.30 0.5
DAFFODIL COMPUTERS 1,091 0.98%
DBH 123.50 7.8
DELTA BRAC HOUSING 31,119 6.74%
DBH1STMF 9.10 -0.1
DBH FIRST MF 1,177 -1.09%
DELTALIFE 96.80 0.9
DELTA LIFE INSURAN 5,883 0.94%
DELTASPINN 11.90 -0.2
DELTA SPINNERS 230,437 -1.65%
DESCO 48.70 -0.4
DHAKA ELECTRIC SUPPLY 6,451 -0.81%
DESHBANDHU 19.50 0
DESHBANDHU POLYMER 18,198 0.00%
DHAKABANK 19.20 -0.2
DHAKA BANK 35,813 -1.03%
DOREENPWR 137.20 -1.2
DOREEN POWER GENERATIONS AND SYSTEMS LIMITED 19,722 -0.87%
DSSL 22.50 -0.2
DRAGON SWEATER AND SPINNING LIMITED 24,440 -0.88%
DUTCHBANGL 140.00 4.9
DUTCH-BANGLA BANK 11,400 3.63%
EASTERNINS 27.00 -2
EASTERN INS 1 -6.90%
EBL 44.50 -1.8
EASTERN BANK 47,547 -3.89%
EBL1STMF 7.60 0
EBL FIRST MF 21,204 0.00%
EBLNRBMF 7.20 -0.1
EBL NRB MUTUAL FUND 450 -1.37%
ECABLES 148.60 -3.9
EASTERN CABLES 302 -2.56%
EHL 47.40 -1
EASTERN HOUSING 1,020 -2.07%
EMERALDOIL 25.40 -0.3
EMERALD OIL INDUSTRIES LIMITED 22,382 -1.17%
ENVOYTEX 37.50 -1.3
ENVOY TEXTILES LIMITED 6,500 -3.35%
ETL 21.80 -0.2
EVINCE TEXTILES LIMITED 44,155 -0.91%
EXIMBANK 14.20 -0.2
EXPORT IMPORT BANK 302,420 -1.39%
FAMILYTEX 9.20 -0.2
FAMILYTEX(BD) LIMITED 485,783 -2.13%
FARCHEM 25.00 -0.3
FAR CHEMICAL INDUSTRIES LIMITED 93,834 -1.19%
FAREASTFIN 11.50 -0.3
FAREAST FINANCE & INVESTMENT LIMITED 38,057 -2.54%
FASFIN 16.00 -0.2
FAS FINANCE & INVESTMENT 47,370 -1.23%
FBFIF 7.00 -0.1
FIRST BD FIXED INCOME FUND 37,540 -1.41%
FEDERALINS 12.30 -0.2
FEDERAL INSURANCE 9,600 -1.60%
FEKDIL 24.80 -0.4
FAR EAST KNITTING & DYEING INDUSTRIES LIMITED 3,345 -1.59%
FINEFOODS 48.50 2.6
FINE FOODS 13,373 5.66%
FIRSTFIN 14.10 0.1
FIRST FINANCE LIMITED 13,800 0.71%
FIRSTSBANK 13.80 -0.2
FIRST SECURITY ISLAMI BANK 145,108 -1.43%
FORTUNE 54.70 -2.1
FORTUNE SHOES LIMITED 111,205 -3.70%
FUWANGCER 19.40 0.4
FU-WANG CERAMIC 37,660 2.11%
FUWANGFOOD 23.80 -0.7
FU-WANG FOODS 645,008 -2.86%
GBBPOWER 22.40 -0.2
GBB POWER LIMITED 31,451 -0.88%
GENNEXT 11.60 -0.2
GENERATION NEXT FASHIONS LIMITED 538,328 -1.69%
GHAIL 44.60 0.6
GOLDEN HARVEST AGRO INDUSTRIES LIMITED 16,100 1.36%
GHCL 40.00 0.2
GLOBAL HEAVY CHEMICALS LIMITED 1,000 0.50%
GOLDENSON 17.80 -0.4
GOLDEN SON 20,490 -2.20%
GP 388.90 9.1
GRAMEENPHONE 8,889 2.40%
GPHISPAT 40.60 -1.9
GPH ISPAT LIMITED 95,583 -4.47%
GQBALLPEN 107.80 4.2
GQ BALL PEN 12,640 4.05%
GRAMEENS2 15.70 0.2
GRAMEEN MF TWO 8,040 1.29%
GREENDELMF 8.90 0
GREEN DELTA MF 11,677 0.00%
GREENDELT 63.00 -0.9
GREEN DELTA INS. 360 -1.41%
GSPFINANCE 29.20 -0.7
GSP FINANCE (BD) LTD 5,490 -2.34%
HAKKANIPUL 67.70 1.5
HAKKANI PULP & PAPER 7,720 2.27%
HEIDELBCEM 449.50 -0.8
HEIDELBERG CEMENT 120 -0.18%
HFL 25.10 -0.1
HAMID FABRICS LIMITED 15,072 -0.40%
IBBLPBOND 963.50 0
IBBL MUDARABA BOND 10 0.00%
IBNSINA 255.00 4.5
IBN SINA PHARMA 2,522 1.80%
ICB 182.20 -2.8
I.C.B. 4,940 -1.51%
ICB2NDNRB 11.80 0.4
ICB AMCL 2ND NRB MF 6,500 3.51%
ICB3RDNRB 7.60 -0.3
ICB AMCL 3RD NRB MF 54,190 -3.80%
ICBAMCL2ND 8.80 -0.9
ICB AMCL SECOND MF 7,600 -9.28%
ICBEPMF1S1 7.80 -0.7
ICB EMPLOYEES PROV MF-1 6,540 -8.24%
IDLC 79.80 -0.4
IDLC FINANCE 11,515 -0.50%
IFADAUTOS 164.90 3.2
IFAD AUTOS LIMITED 33,734 1.98%
IFIC 20.40 -0.2
IFIC BANK 775,814 -0.97%
IFIC1STMF 7.20 -0.1
IFIC BANK 1ST MF 17,219 -1.37%
IFILISLMF1 9.00 0.1
IFIL ISLAMIC MF-1 5,338 1.12%
ILFSL 15.80 -0.2
INTERNATIONAL LEASING 8,780 -1.25%
INTECH 17.50 -0.1
INTECH ONLINE 8,172 -0.57%
IPDC 47.00 -1
INDUSTRIAL PROMOTION 10,817 -2.08%
ISLAMIBANK 34.20 -0.7
ISLAMI BANK 129,490 -2.01%
ISLAMICFIN 22.70 -0.5
ISLAMIC FINANCE 46,740 -2.16%
ISLAMIINS 29.70 -1.1
ISLAMI INSURANCE 54,500 -3.57%
ISNLTD 18.50 -0.8
INFORMATION SERVL NET. 1,479 -4.15%
ITC 46.80 -0.3
INFORMATION TECHNOLOGY CONSULTANTS LIMITED 16,985 -0.64%
JAMUNABANK 20.80 -0.2
JAMUNA BANK 65,893 -0.95%
JAMUNAOIL 209.10 0
JAMUNA OIL 3,078 0.00%
JANATAINS 14.40 -0.5
JANATA INSURANCE 100 -3.36%
JMISMDL 210.40 12.8
JMI SYRINGES & MEDICAL DEVICES LTD. 19,373 6.48%
KAY&QUE 95.00 -2.1
KAY & QUE (BD) 2,450 -2.16%
KBPPWBIL 23.40 0.1
KHAN BROTHERS PP WOVEN BAG INDUSTRIES LIMITED 53,200 0.43%
KDSALTD 78.80 0.1
KDS ACCESSORIES LIMITED 11,850 0.13%
KEYACOSMET 16.20 -0.3
KEYA COSMETICS 614,108 -1.82%
KPCL 60.50 0
KHULNA POWER 19,693 0.00%
KPPL 10.90 -0.4
KHULNA PRINTING & PACKAGING LIMITED 15,819 -3.54%
LAFSURCEML 59.40 -2.6
LAFARGE SURMA CEMENT 122,073 -4.19%
LANKABAFIN 54.50 -1.3
LANKA BANGLA FINANCE 97,959 -2.33%
LEGACYFOOT 32.00 1.1
LEGACY FOOTWEAR 17,180 3.56%
LIBRAINFU 553.00 -4
LIBRA INFUSIONS 1 -0.72%
MAKSONSPIN 11.20 -0.5
MAKSONS SPINNING 45,035 -4.27%
MALEKSPIN 22.60 0
MALEK SPINNING 7,520 0.00%
MARICO 1,011.00 -4
MARICO BANGLADESH 2 -0.39%
MATINSPINN 39.20 -0.8
MATIN SPINNING MILLS LIMITED 5,475 -2.00%
MBL1STMF 8.70 0.1
MBL 1ST MF 54,190 1.16%
MEGHNALIFE 52.10 -0.4
MEGHNA LIFE INSURANCE 1,483 -0.76%
MERCANBANK 25.10 -0.3
MERCANTILE BANK 78,850 -1.18%
METROSPIN 8.70 0.1
METRO SPINNING 10,875 1.16%
MHSML 28.70 -0.2
MOZAFFAR HOSSAIN SPINNING MILLS LIMITED 69,910 -0.69%
MICEMENT 92.30 -1.4
M.I. CEMENT 311 -1.49%
MIRACLEIND 51.50 3.2
MIRACLE INDUSTRIES 72,584 6.63%
MITHUNKNIT 43.40 -0.4
MITHUN KNITTING 17,907 -0.91%
MJLBD 117.70 -0.9
MJL BANGLADESH LIMITED 13,576 -0.76%
MONNOCERA 42.30 0.4
MONNO CERAMIC 2,405 0.95%
MPETROLEUM 197.00 -0.4
MEGHNA PETROLEUM 1,700 -0.20%
MTB 27.00 -0.2
MUTUAL TRUST BANK LIMITED 10,586 -0.74%
NATLIFEINS 158.00 -1
NATIONAL LIFE INS. 245 -0.63%
NAVANACNG 72.50 -0.1
NAVANA CNG 10,644 -0.14%
NBL 12.70 -0.1
NATIONAL BANK 829,456 -0.78%
NCCBANK 15.80 0
NATIONAL CREDIT & COM. BNK 161,245 0.00%
NFML 24.40 -0.3
NATIONAL FEED MILL LIMITED 25,586 -1.21%
NHFIL 50.40 -1
NATIONAL HOUSING 500 -1.95%
NITOLINS 25.50 0.5
NITOL INSURANCE 200 2.00%
NLI1STMF 15.60 -0.4
NLI FIRST MUTUAL FUND 20 -2.50%
NORTHRNINS 24.10 -1
NORTHERN GENERAL INS. 2,892 -3.98%
NPOLYMAR 103.50 -0.7
NATIONAL POLYMER 3,802 -0.67%
NURANI 23.40 -0.9
NURANI DYEING & SWEATER LIMITED 294,907 -3.70%
OAL 24.60 -0.4
OLYMPIC ACCESSORIES LIMITED 99,770 -1.60%
OLYMPIC 282.00 1.3
OLYMPIC INDUSTRIES 560 0.46%
ONEBANKLTD 24.60 -0.4
ONE BANK 69,785 -1.60%
ORIONINFU 59.00 -0.8
ORION INFUSION 8,450 -1.34%
ORIONPHARM 47.80 -0.5
ORION PHARMA LIMITED 2,385 -1.04%
PADMALIFE 45.00 -0.6
PADMA ISLAMI LIFE INSURANCE 3,025 -1.32%
PADMAOIL 250.00 2
PADMA OIL 3,339 0.81%
PARAMOUNT 18.10 -0.2
PARAMOUNT INSURANCE 11,860 -1.09%
PDL 23.70 -0.4
PACIFIC DENIMS LIMITED 36,036 -1.66%
PENINSULA 29.90 -0.4
THE PENINSULA CHITTAGONG LIMITED 46,203 -1.32%
PEOPLESINS 21.10 -0.3
PEOPLES INSURANCE 220 -1.40%
PF1STMF 7.80 -0.3
PHOENIX FINANCE 1ST MF 500 -3.70%
PHOENIXFIN 31.70 2.7
PHOENIX FINANCE 35,611 9.31%
PHPMF1 7.80 0
PHP FIRST MF 31,506 0.00%
PLFSL 12.10 -0.7
PEOPLE'S LEASING 69,811 -5.47%
POPULAR1MF 7.40 -0.1
POPULAR LIFE FIRST MF 62,747 -1.33%
POWERGRID 53.40 0.3
POWER GRID 16,458 0.56%
PREMIERBAN 14.20 -0.3
PREMIER BANK 193,679 -2.07%
PREMIERCEM 91.00 -2
PREMIER CEMENT MILLS LIMITED 1,000 -2.15%
PREMIERLEA 17.40 -0.3
PREMIER LEASING 3,200 -1.69%
PRIME1ICBA 8.40 0.1
PRIME BANK 1ST ICB AMCL MF 8,000 1.20%
PRIMEBANK 24.80 -0.2
PRIME BANK 406,434 -0.80%
PRIMEFIN 13.30 -0.3
PRIME FINANCE 2,900 -2.21%
PRIMELIFE 55.00 -0.5
PRIME ISLAMI LIFE INS. 327 -0.90%
PROVATIINS 18.10 -0.2
PROVATI INSURANCE 490 -1.09%
PTL 34.00 -0.2
PARAMOUNT TEXTILE LIMITED 11,658 -0.58%
PUBALIBANK 29.10 2.6
PUBALI BANK 926,497 9.81%
RAHIMAFOOD 168.90 6
RAHIMA FOOD CORP. 3,583 3.68%
RAKCERAMIC 57.00 -0.2
R.A.K. CERAMICS 27,064 -0.35%
RANFOUNDRY 133.00 4.7
RANGPUR FOUNDRY 8,295 3.66%
RDFOOD 19.60 -0.3
RAGPUR DAIRY & FOOD PRO 73,885 -1.51%
REGENTTEX 25.60 -1.1
REGENT TEXTILE MILLS LIMITED 39,999 -4.12%
RNSPIN 21.30 -0.2
R. N. SPINNING 121,726 -0.93%
RSRMSTEEL 76.10 -1.5
RATANPUR STEEL RE-ROLLING MILLS LIMITED 15,634 -1.93%
RUPALIBANK 60.00 -3
RUPALI BANK 74,844 -4.76%
RUPALILIFE 40.00 0.7
RUPALI LIFE INSURANCE 355 1.78%
SAFKOSPINN 15.70 0.3
SAFKO SPINING 58,831 1.95%
SAIFPOWER 46.40 -0.7
SAIF POWERTEC LTD. 125,548 -1.49%
SAIHAMCOT 20.20 -0.7
SAIHAM COTTON MILLS LTD. 33,811 -3.35%
SAIHAMTEX 20.40 -0.5
SIAHAM TEXTILE 10,594 -2.39%
SALAMCRST 35.10 -0.1
S ALAM STEELS 3,920 -0.28%
SALVOCHEM 26.50 1.5
SALVO CHEMICAL 97,719 6.00%
SAMATALETH 44.00 4
SAMATA LEATHER 400 10.00%
SANDHANINS 36.40 0
SANDHANI LIFE INS. 9,336 0.00%
SAPORTL 41.20 -0.6
SUMMIT ALLIANCE PORT 40,828 -1.44%
SEBL1STMF 14.70 0.6
SOUTHEAST BANK 1ST MF 200 4.26%
SHAHJABANK 19.20 -0.4
SHAHJALAL ISLAMI BANK 53,881 -2.04%
SHASHADNIM 68.00 -2.6
SHASHA DENIMS LIMITED 222 -3.68%
SHEPHERD 40.90 -0.5
SHEPHERD INDUSTRIES LIMITED 32,111 -1.21%
SHURWID 14.10 -0.4
SHURWID INDUSTRIES LTD. 58,750 -2.76%
SIBL 24.70 -0.7
SOCIAL ISLAMI BANK 8,588 -2.76%
SIMTEX 31.70 -0.1
SIMTEX INDUSTRIES LIMITED 10,804 -0.31%
SINGERBD 190.00 -4.2
SINGER BD 2,904 -2.16%
SINOBANGLA 57.80 -2.8
SINOBANGLA INDUSTRIES 4,190 -4.62%
SONARGAON 13.10 -0.8
SONARGAON TEXTILE 600 -5.76%
SOUTHEASTB 20.20 -0.2
SOUTHEAST BANK 103,936 -0.98%
SPCERAMICS 14.60 -0.7
SHINEPUKUR CERAMICS 8,300 -4.58%
SPCL 145.20 -1.9
SHAHJIBAZAR POWER CO. LTD. 7,605 -1.29%
SQUARETEXT 66.80 -0.2
SQUARE TEXTILES 72 -0.30%
SQURPHARMA 282.00 -1.4
SQUARE PHARMA 9,125 -0.49%
STANCERAM 62.00 0.7
STANDARD CERAMIC 1,400 1.14%
STANDARINS 22.80 -1.6
STANDARD INSURANCE 9 -6.56%
STANDBANKL 13.30 -0.2
STANDARD BANK 85,506 -1.48%
SUMITPOWER 40.40 -0.4
SUMMIT POWER 22,021 -0.98%
SUNLIFEINS 21.50 -1.7
SUNLIFE INSURANCE COMPANY LIMITED 10,376 -7.33%
TALLUSPIN 10.90 -0.5
TALLU SPINNING 19,575 -4.39%
TITASGAS 49.50 -0.4
TITAS GAS 16,745 -0.80%
TOSRIFA 27.50 0
TOSRIFA INDUSTRIES LIMITED 6,042 0.00%
TRUSTB1MF 7.30 -0.1
TRUST BANK FIRST MF 26,535 -1.35%
TRUSTBANK 33.20 -0.8
TRUST BANK 7,027 -2.35%
TUNGHAI 18.20 -0.3
TUNG HAI KNITTING AND DYEING LIMITED 110,687 -1.62%
UCB 22.80 -0.4
U.C.B.L. 242,253 -1.72%
UNIONCAP 20.60 -0.4
UNION CAPITAL 19,256 -1.90%
UNIQUEHRL 54.00 -0.2
UNIQUE HOTEL & RESORTS LTD. 4,354 -0.37%
UNITEDAIR 6.70 -0.1
UNITED AIRWAYS 488,155 -1.47%
UPGDCL 169.80 -2
UNITED POWER GENERATION & DISTRIBUTION COMPANY LIMITED 9,093 -1.16%
USMANIAGL 93.70 -0.3
USMANIA GLASS 1,559 -0.32%
UTTARABANK 34.10 2.7
UTTARA BANK 385,751 8.60%
UTTARAFIN 72.60 -2.1
UTTARA FINANCE 6,635 -2.81%
WATACHEM 175.00 4.3
WATA CHEMICALS LIMITED 600 2.52%
WMSHIPYARD 40.10 0.6
WESTERN MARINE SHIPYARD LIMITED 58,816 1.52%
YPL 26.50 -0.2
YEAKIN POLYMER LIMITED 24,356 -0.75%
ZAHEENSPIN 26.90 0
ZAHEEN SPINNING LIMITED 114,833 0.00%
ZAHINTEX 19.10 0
ZAHINTEX INDUSTRIES LIMITED 11,900 0.00%

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.