Market Status: Open    Sun 28 May 17, 10:40 AM (BST)

1JANATAMF 7.40 0
FIRST JANATA BANK MF 16,287 0.00%
AAMRATECH 40.70 1.3
AAMRA TECHNOLOGIES LTD. 5,280 3.30%
ABBANK 19.10 0
AB BANK 500 0.00%
ACMELAB 115.00 1.2
THE ACME LABORATORIES LTD. 470 1.05%
ACTIVEFINE 50.40 -1.1
ACTIVE FINE CHEMICALS 200 -2.14%
AGNISYSL 28.30 0.5
AGNI SYSTEMS 56,613 1.80%
ALARABANK 16.50 -0.1
AL-ARAFAH ISLAMI BANK 1,500 -0.60%
APEXSPINN 109.00 2
APEX SPINNING 150 1.87%
ARGONDENIM 34.00 -0.4
ARGON DENIMS LIMITED 500 -1.16%
BARKAPOWER 44.00 0
BARAKA POWER LIMITED 20,747 0.00%
BDFINANCE 20.40 0.7
BD FINANCE 900 3.55%
BDTHAI 26.90 -0.2
BD. THAI ALLUMINIUM 33,403 -0.74%
BDWELDING 13.00 -0.1
BD WELDING 26 -0.76%
BEACHHATCH 14.00 -1.1
BEACH HATCHERY 150 -7.28%
BEACONPHAR 21.20 0.5
BEACON PHARMA 40,100 2.42%
BEXIMCO 33.20 -0.2
BEXIMCO LIMITED 58,097 -0.60%
BSC 610.50 1.9
B.S.C. 5,830 0.31%
BXPHARMA 110.00 0.1
BEXIMCO PHARMA 1,640 0.09%
CITYBANK 32.50 -0.3
CITY BANK 2,008 -0.91%
DOREENPWR 138.50 0.5
DOREEN POWER GENERATIONS AND SYSTEMS LIMITED 1,356 0.36%
ENVOYTEX 37.00 -0.5
ENVOY TEXTILES LIMITED 10 -1.33%
ETL 22.50 0.2
EVINCE TEXTILES LIMITED 10,000 0.90%
EXIMBANK 10.20 0
EXPORT IMPORT BANK 4,251 0.00%
FAMILYTEX 8.10 0
FAMILYTEX(BD) LIMITED 100 0.00%
FAREASTFIN 9.80 0.1
FAREAST FINANCE & INVESTMENT LIMITED 50,000 1.03%
FBFIF 6.60 0
FIRST BD FIXED INCOME FUND 500 0.00%
FEDERALINS 10.40 -0.9
FEDERAL INSURANCE 587 -7.96%
FIRSTSBANK 11.30 0.1
FIRST SECURITY ISLAMI BANK 1,000 0.89%
GENNEXT 9.10 -0.1
GENERATION NEXT FASHIONS LIMITED 3,500 -1.09%
GHAIL 43.90 -0.3
GOLDEN HARVEST AGRO INDUSTRIES LIMITED 1,000 -0.68%
GQBALLPEN 90.00 0.4
GQ BALL PEN 200 0.45%
GSPFINANCE 28.50 0.8
GSP FINANCE (BD) LTD 580 2.89%
HFL 24.50 0.2
HAMID FABRICS LIMITED 9,400 0.82%
ICB3RDNRB 7.70 0
ICB AMCL 3RD NRB MF 8,200 0.00%
ICBEPMF1S1 8.30 0
ICB EMPLOYEES PROV MF-1 250 0.00%
IFADAUTOS 132.00 -0.9
IFAD AUTOS LIMITED 3,350 -0.68%
ILFSL 14.00 0.3
INTERNATIONAL LEASING 2,500 2.19%
INTECH 18.00 0.4
INTECH ONLINE 12,100 2.27%
IPDC 40.90 1.4
INDUSTRIAL PROMOTION 100 3.54%
ISLAMIBANK 31.20 -0.7
ISLAMI BANK 43,280 -2.19%
ISLAMICFIN 22.90 0.2
ISLAMIC FINANCE 1,760 0.88%
ITC 47.10 -0.7
INFORMATION TECHNOLOGY CONSULTANTS LIMITED 500 -1.46%
KBPPWBIL 23.20 0
KHAN BROTHERS PP WOVEN BAG INDUSTRIES LIMITED 4,000 0.00%
KEYACOSMET 14.10 -0.1
KEYA COSMETICS 2,000 -0.70%
LANKABAFIN 48.80 1.4
LANKA BANGLA FINANCE 20,666 2.95%
MALEKSPIN 22.80 0.7
MALEK SPINNING 1,000 3.17%
MATINSPINN 39.50 0.3
MATIN SPINNING MILLS LIMITED 25 0.77%
MERCANBANK 17.80 0.5
MERCANTILE BANK 2,000 2.89%
MHSML 32.20 0.4
MOZAFFAR HOSSAIN SPINNING MILLS LIMITED 5,000 1.26%
MJLBD 119.00 0
MJL BANGLADESH LIMITED 4,014 0.00%
NBL 12.90 -0.1
NATIONAL BANK 1,001 -0.77%
NCCBANK 12.60 -0.2
NATIONAL CREDIT & COM. BNK 37 -1.56%
NFML 27.60 0.5
NATIONAL FEED MILL LIMITED 12,000 1.85%
NORTHRNINS 24.00 0.4
NORTHERN GENERAL INS. 17,400 1.69%
OAL 25.00 -0.1
OLYMPIC ACCESSORIES LIMITED 2,000 -0.40%
OLYMPIC 270.00 -1.5
OLYMPIC INDUSTRIES 500 -0.55%
ONEBANKLTD 19.90 -0.2
ONE BANK 10,000 -1.00%
PDL 22.00 0.1
PACIFIC DENIMS LIMITED 6,024 0.46%
PENINSULA 26.10 -0.6
THE PENINSULA CHITTAGONG LIMITED 2,400 -2.25%
POPULAR1MF 6.90 0
POPULAR LIFE FIRST MF 413 0.00%
PREMIERBAN 10.40 -1.2
PREMIER BANK 33,602 -10.34%
PTL 35.40 1
PARAMOUNT TEXTILE LIMITED 17,230 2.91%
QSMDRYCELL 94.30 2
QUASEM DRYCELLS 1,406 2.17%
RAKCERAMIC 55.60 -0.8
R.A.K. CERAMICS 22 -1.42%
RDFOOD 16.40 -0.3
RAGPUR DAIRY & FOOD PRO 54 -1.80%
REGENTTEX 29.10 -0.1
REGENT TEXTILE MILLS LIMITED 23,160 -0.34%
RNSPIN 20.70 -0.2
R. N. SPINNING 463 -0.96%
SALVOCHEM 23.20 -0.4
SALVO CHEMICAL 8 -1.69%
SHAHJABANK 14.80 -0.2
SHAHJALAL ISLAMI BANK 82 -1.33%
SONARBAINS 17.10 -0.1
SONAR BANGLA INSURANCE 5,000 -0.58%
SOUTHEASTB 17.80 0.6
SOUTHEAST BANK 1,500 3.49%
SPCL 141.60 0
SHAHJIBAZAR POWER CO. LTD. 11,000 0.00%
TRUSTB1MF 7.20 0
TRUST BANK FIRST MF 800 0.00%
TUNGHAI 15.50 0
TUNG HAI KNITTING AND DYEING LIMITED 9,400 0.00%
UCB 16.80 -0.2
U.C.B.L. 53 -1.18%
UNITEDAIR 5.80 -0.4
UNITED AIRWAYS 175 -6.45%
UPGDCL 181.50 4.1
UNITED POWER GENERATION & DISTRIBUTION COMPANY LIMITED 6,100 2.31%
USMANIAGL 91.00 0.2
USMANIA GLASS 222 0.22%
WMSHIPYARD 36.00 -0.2
WESTERN MARINE SHIPYARD LIMITED 2,298 -0.55%
YPL 27.30 -0.2
YEAKIN POLYMER LIMITED 550 -0.73%
ZAHEENSPIN 26.00 0.3
ZAHEEN SPINNING LIMITED 1,600 1.17%

CORPORATE GOVERNANCE GUIDELINE

The Bangladesh Securities and Exchange Commission has initiated 'Corporate Governance' guidelines for the listed companies on 9th February 2006. The guidelines are not compulsory for the listed companies but the reasons for non-compliance of the provision of the guidelines have to be explained to the Commission:

Salient features of the guidelines are:

  • The number of Board of Directors should not be less than 5 (five) and more than twenty. The Banks, non-bank financial institutions, insurance companies and statutory bodies shall follow the prescription of their respective primary regulators in this regard.
  • Appointment of at least one-fifth of the total number of the company's board of directors should be 'independent non-shareholders directors' in the Board.
  • The Chairman and the Chief Executive officer simultaneously can not be the same person and the Board should clearly define their respective roles and responsibilities.
  • The "Directors' Report" prepared as per Companies Act may include additional statements on :-
    • The financial statement presents fairly company's state of affairs, the results of its operation, cash flows and change is equity. While preparing the financial statement -

      The accounting estimates are based on reasonable and prudent judgement

      Appropriate accounting policies have been consistently applied

      IAS is followed in preparation of the financial statements

      Proper books of accounts have been maintained

    • Disclosure on company's ability as a going concern and if not so then the fact along with the reasons thereof,
    • Explanation on the significant deviation from last year in operating results, if so happened,
    • Summarize of at least last three years key operating and financial data,
    • Reasons for non declaration of dividend (if not declared) for the year,
    • Significant plans and decisions along with future prospects and risks
    • Number of Board Meetings held during the year and attendance by directors,
    • Aggregate number of shares held by:

      Parent/Subsidiary/Associate companies,

      Directors, CEO, Company Secretary, CFO, Head of Internal Audit and their spouse and minor children,

      Top five salaried employs other than the above mentioned persons

      Shareholders holding ten percent or more voting interest in the company

  • The Companies is required to appoint a Chief Financial Officer (CFO), a Head of Internal Audit and a Company Secretary. The CFO and Company Secretary are required to attend the Board meeting.
  • The companies will form an Audit Committee comprising of at least three members including at least one independent non - shareholder director. The Audit Committee shall assist the Board in handling the issues, which might be overlooked and ensures a good monitoring system within the business.
  • The Committee is required to make report on its activities to the Board. An immediate report have to made to the Board on the following findings:
    • conflict of interest;
    • suspected or presumed fraud or irregularity or material defect in the internal control system
    • suspected infringement of laws
  • The Board of Director shall rectify everything, which as per Committee Report has material impact on the financial condition and results of operation of the Company. The Committee has to report to the Commission if the Board has unreasonably ignored the rectification.
  • The company will not engage its external/statuary auditors to provide the Bookkeeping, Broker-dealer, Actuarial, Internal audit services or any other service that the Audit committees determine.

    The guidelines will definitely help to protect the rights of minority shareholders as well as ensure more transparency and accountability in the Management of the companies.