Market Status: Closed    Sun 22 Oct 17, 3:40 AM (BST)

1JANATAMF 6.70 0
FIRST JANATA BANK MF 15,255 0.00%
AAMRANET 114.60 0.7
AAMRA NETWORKS LIMITED 148,463 0.61%
AAMRATECH 33.90 -0.5
AAMRA TECHNOLOGIES LTD. 10,180 -1.45%
ABB1STMF 6.70 0.2
AB BANK 1ST MUTUAL FUND 72,065 3.08%
ABBANK 20.30 0.2
AB BANK 146,345 1.00%
ACI 621.80 7
ACI 10,574 1.14%
ACIFORMULA 195.10 -0.6
ACI FORMULATIONS 750 -0.31%
ACMELAB 114.30 -0.8
THE ACME LABORATORIES LTD. 4,404 -0.70%
ACTIVEFINE 44.40 -0.1
ACTIVE FINE CHEMICALS 10,708 -0.22%
AFCAGRO 54.20 -2.7
AFC AGRO BIOTECH LIMITED 1,933 -4.75%
AFTABAUTO 65.10 0.3
AFTAB AUTO. 2,368 0.46%
AGNISYSL 24.00 -0.4
AGNI SYSTEMS 64,246 -1.64%
AIBL1STIMF 7.90 0
AIBL 1ST ISLAMIC MF 2,000 0.00%
ALARABANK 23.90 0.1
AL-ARAFAH ISLAMI BANK 60,981 0.42%
ALLTEX 12.00 0.2
ALLTEX IND. 45 1.69%
AMANFEED 73.40 1.3
AMAN FEED LIMITED 1,568 1.80%
AMCL(PRAN) 220.00 1.1
AMCL(PRAN) 35 0.50%
ANLIMAYARN 30.60 -1.9
ANLIMA YARN 23,556 -5.85%
ANWARGALV 88.00 1.2
ANWAR GALVANIZING 8,100 1.38%
APEXFOODS 141.00 -4
APEX FOOD 608 -2.76%
APEXSPINN 136.20 -6.9
APEX SPINNING 1,225 -4.82%
APEXTANRY 154.00 0.7
APEX TANNERY 100 0.46%
APOLOISPAT 18.70 -0.3
APPOLLO ISPAT COMPLEX LTD 59,209 -1.58%
ARAMIT 380.00 -4
ARAMIT 177 -1.04%
ARAMITCEM 35.20 -1.1
ARAMIT CEMENT 10,991 -3.03%
ARGONDENIM 32.40 -0.6
ARGON DENIMS LIMITED 6,125 -1.82%
AZIZPIPES 141.50 12.8
AZIZ PIPE 433 9.95%
BANGAS 124.00 -0.4
BANGAS 530 -0.32%
BANKASIA 20.30 0.2
BANK ASIA 15,269,935 1.00%
BARKAPOWER 40.50 -0.9
BARAKA POWER LIMITED 17,400 -2.17%
BAYLEASING 27.00 0.2
BAY LEASING 17,585 0.75%
BBS 44.70 -0.9
BANGLADESH BUILDING SYSTEMS LIMITED 55,940 -1.97%
BBSCABLES 134.90 2
BBS CABLES LTD. 53,450 1.50%
BDCOM 39.30 0.9
BDCOM ONLINE 26,975 2.34%
BDFINANCE 21.90 0.6
BD FINANCE 222,902 2.82%
BDTHAI 23.40 -0.4
BD. THAI ALLUMINIUM 18,784 -1.68%
BDWELDING 17.60 0.4
BD WELDING 1,025 2.33%
BEACHHATCH 15.50 -0.4
BEACH HATCHERY 320 -2.52%
BEACONPHAR 21.20 -0.3
BEACON PHARMA 24,016 -1.40%
BENGALWTL 46.00 0
BENGAL WINDSOR THERMOPLASTICS LIMITED 424,244 0.00%
BERGERPBL 2,043.00 -106.5
BERGER PAINTS 29 -4.95%
BEXIMCO 28.10 -0.6
BEXIMCO LIMITED 170,560 -2.09%
BGIC 20.90 -0.1
BANGLADESH GENERAL INS. 123 -0.48%
BIFC 11.00 -0.5
BD INDUSTRIAL FINANCE 591 -4.35%
BNICL 19.30 -0.3
BANGLADESH NATIONAL INSURANCE COMPANY LIMITED 3,150 -1.53%
BRACBANK 98.10 0.3
BRAC BANK 54,775 0.31%
BSC 44.00 -1.3
B.S.C. 34,209 -2.87%
BSCCL 110.80 -1
BANGLADESH SUBMARINE CABLE CO. LTD. 2,828 -0.89%
BSRMLTD 123.60 -0.1
BANGLADESH STEEL RE-ROLLING MILLS LIMITED 3,468 -0.08%
BSRMSTEEL 82.40 1.2
BSRM STEELS 5,091 1.48%
BXPHARMA 106.60 -0.4
BEXIMCO PHARMA 15,439 -0.37%
BXSYNTH 8.50 0
BEXIMCO SYNTHETICS 1,800 0.00%
CENTRALPHL 23.40 -0.3
CENTRAL PHARMACEUTICALS LIMITED 9,402 -1.27%
CITYBANK 46.00 -0.3
CITY BANK 112,832 -0.65%
CITYGENINS 19.40 0.3
CITY GENERAL INSURANCE 7,177 1.57%
CNATEX 10.40 -0.2
C & A TEXTILES LIMITED 392,906 -1.89%
CONFIDCEM 153.50 -3.4
CONFIDENCE CEMENT 2,504 -2.17%
CVOPRL 208.20 0.6
CVO PETROCHEMICAL 3,393 0.29%
DACCADYE 8.50 -0.5
DACCA DYEING 6,251 -5.56%
DAFODILCOM 56.40 -0.6
DAFFODIL COMPUTERS 6,850 -1.05%
DBH 125.50 1.2
DELTA BRAC HOUSING 4,038 0.97%
DBH1STMF 8.70 0
DBH FIRST MF 500 0.00%
DELTALIFE 111.00 1.2
DELTA LIFE INSURAN 20 1.09%
DELTASPINN 10.70 -0.2
DELTA SPINNERS 65,356 -1.83%
DESCO 45.20 -0.3
DHAKA ELECTRIC SUPPLY 4,487 -0.66%
DESHBANDHU 20.00 0.1
DESHBANDHU POLYMER 390 0.50%
DHAKABANK 22.00 0.6
DHAKA BANK 221,475 2.80%
DHAKAINS 24.00 0
DHAKA INSURANCE 5,100 0.00%
DOREENPWR 128.90 -2.2
DOREEN POWER GENERATIONS AND SYSTEMS LIMITED 16,158 -1.68%
DSSL 18.00 -0.6
DRAGON SWEATER AND SPINNING LIMITED 116,481 -3.23%
DUTCHBANGL 174.00 10.1
DUTCH-BANGLA BANK 10,635 6.16%
EASTERNINS 29.00 -2.5
EASTERN INS 750 -7.94%
EASTLAND 23.20 -0.3
EASTLAND INSURANCE 100 -1.28%
EBL 46.50 -0.6
EASTERN BANK 2,525 -1.27%
EBL1STMF 9.30 0
EBL FIRST MF 67,104 0.00%
ECABLES 140.00 1.6
EASTERN CABLES 540 1.16%
EMERALDOIL 18.90 -0.7
EMERALD OIL INDUSTRIES LIMITED 29,993 -3.57%
ENVOYTEX 36.50 -1.1
ENVOY TEXTILES LIMITED 239 -2.93%
ETL 17.10 -0.2
EVINCE TEXTILES LIMITED 29,075 -1.16%
EXIMBANK 17.00 0.6
EXPORT IMPORT BANK 525,188 3.66%
FAMILYTEX 8.30 -0.1
FAMILYTEX(BD) LIMITED 186,794 -1.19%
FARCHEM 22.70 -0.2
FAR CHEMICAL INDUSTRIES LIMITED 12,173 -0.87%
FAREASTFIN 12.50 0.1
FAREAST FINANCE & INVESTMENT LIMITED 67,797 0.81%
FASFIN 19.30 0.8
FAS FINANCE & INVESTMENT 72,055 4.32%
FBFIF 6.40 0
FIRST BD FIXED INCOME FUND 3,500 0.00%
FEDERALINS 12.90 -0.3
FEDERAL INSURANCE 12,155 -2.27%
FEKDIL 23.90 -0.7
FAR EAST KNITTING & DYEING INDUSTRIES LIMITED 4,050 -2.85%
FINEFOODS 31.60 -0.6
FINE FOODS 25,669 -1.86%
FIRSTSBANK 15.60 0.2
FIRST SECURITY ISLAMI BANK 251,858 1.30%
FORTUNE 49.60 -1.3
FORTUNE SHOES LIMITED 80,604 -2.55%
FUWANGCER 18.00 -0.6
FU-WANG CERAMIC 102,042 -3.23%
FUWANGFOOD 20.20 -0.1
FU-WANG FOODS 66,945 -0.49%
GBBPOWER 20.60 -0.3
GBB POWER LIMITED 103,650 -1.44%
GENNEXT 9.60 -0.2
GENERATION NEXT FASHIONS LIMITED 128,252 -2.04%
GHAIL 40.50 -1.1
GOLDEN HARVEST AGRO INDUSTRIES LIMITED 2,026 -2.64%
GHCL 43.40 -1
GLOBAL HEAVY CHEMICALS LIMITED 7,614 -2.25%
GOLDENSON 15.50 -0.3
GOLDEN SON 63,299 -1.90%
GP 421.00 0.8
GRAMEENPHONE 53,312 0.19%
GPHISPAT 38.70 -1.5
GPH ISPAT LIMITED 1,475 -3.73%
GQBALLPEN 98.70 -2.2
GQ BALL PEN 1,000 -2.18%
GRAMEENS2 14.80 0.2
GRAMEEN MF TWO 93 1.37%
GREENDELMF 8.80 0.1
GREEN DELTA MF 500 1.15%
GSPFINANCE 29.00 -0.1
GSP FINANCE (BD) LTD 5,604 -0.34%
HAKKANIPUL 73.10 -1.6
HAKKANI PULP & PAPER 7,115 -2.14%
HEIDELBCEM 414.00 -1.8
HEIDELBERG CEMENT 270 -0.43%
HFL 21.90 -0.8
HAMID FABRICS LIMITED 10,864 -3.52%
HRTEX 32.50 -1.3
H.R. TEXTILES 9,275 -3.85%
HWAWELLTEX 36.10 -0.4
HWA WELL TEXTILES (BD) LIMITED 500 -1.10%
IBNSINA 256.00 -4.5
IBN SINA PHARMA 7,306 -1.73%
ICB 190.00 -2.7
I.C.B. 7,152 -1.40%
ICB2NDNRB 10.40 0.1
ICB AMCL 2ND NRB MF 1,000 0.97%
ICB3RDNRB 6.90 0
ICB AMCL 3RD NRB MF 15,000 0.00%
ICBAMCL2ND 8.80 0.1
ICB AMCL SECOND MF 500 1.15%
ICBEPMF1S1 7.70 -0.4
ICB EMPLOYEES PROV MF-1 1,900 -4.94%
IDLC 85.80 2.5
IDLC FINANCE 13,524 3.00%
IFADAUTOS 126.80 -34.8
IFAD AUTOS LIMITED 66,615 -21.53%
IFIC 18.10 0
IFIC BANK 248,230 0.00%
IFIC1STMF 6.60 0.1
IFIC BANK 1ST MF 1,194 1.54%
IFILISLMF1 7.90 0
IFIL ISLAMIC MF-1 1,000 0.00%
ILFSL 23.40 0.6
INTERNATIONAL LEASING 58,030 2.63%
IMAMBUTTON 22.10 -0.4
IMAM BUTTON 145 -1.78%
INTECH 18.30 -0.7
INTECH ONLINE 36,317 -3.68%
IPDC 44.50 1.1
INDUSTRIAL PROMOTION 2,126 2.53%
ISLAMIBANK 35.30 0.5
ISLAMI BANK 92,094 1.44%
ISLAMICFIN 22.80 0.2
ISLAMIC FINANCE 17,326 0.88%
ISLAMIINS 33.70 -0.3
ISLAMI INSURANCE 3,847 -0.88%
ISNLTD 21.00 -0.6
INFORMATION SERVL NET. 54 -2.78%
ITC 41.50 -0.3
INFORMATION TECHNOLOGY CONSULTANTS LIMITED 9,616 -0.72%
JAMUNABANK 22.50 0
JAMUNA BANK 57,993 0.00%
JAMUNAOIL 208.00 -0.6
JAMUNA OIL 1,135 -0.29%
JMISMDL 195.00 -2.5
JMI SYRINGES & MEDICAL DEVICES LTD. 2,701 -1.27%
KAY&QUE 128.00 -4
KAY & QUE (BD) 5,027 -3.03%
KBPPWBIL 18.30 -0.7
KHAN BROTHERS PP WOVEN BAG INDUSTRIES LIMITED 63,877 -3.68%
KDSALTD 69.80 -0.4
KDS ACCESSORIES LIMITED 2,521 -0.57%
KEYACOSMET 13.80 -0.1
KEYA COSMETICS 142,934 -0.72%
KPCL 64.60 0.6
KHULNA POWER 12,650 0.94%
KPPL 11.20 -0.1
KHULNA PRINTING & PACKAGING LIMITED 10,109 -0.88%
LAFSURCEML 61.30 -0.1
LAFARGE SURMA CEMENT 102,851 -0.16%
LANKABAFIN 65.00 1.7
LANKA BANGLA FINANCE 133,622 2.69%
LIBRAINFU 595.00 -28.3
LIBRA INFUSIONS 38 -4.54%
LRGLOBMF1 8.30 0.1
LR GLOBAL BANGLADESH MF ONE 200 1.22%
MAKSONSPIN 10.80 -0.3
MAKSONS SPINNING 3,250 -2.70%
MALEKSPIN 21.00 -0.5
MALEK SPINNING 500 -2.33%
MBL1STMF 9.00 0.5
MBL 1ST MF 1,000 5.88%
MERCANBANK 27.10 0.2
MERCANTILE BANK 93,074 0.74%
MERCINS 26.00 -2.3
MERCANTILE INSURANCE 48,230 -8.13%
METROSPIN 10.60 0
METRO SPINNING 29,088 0.00%
MHSML 24.70 -0.3
MOZAFFAR HOSSAIN SPINNING MILLS LIMITED 8,991 -1.20%
MICEMENT 86.60 -1.8
M.I. CEMENT 2,266 -2.04%
MIDASFIN 38.00 -0.5
MIDAS FINANCING 1,325 -1.30%
MIRACLEIND 54.00 -1.2
MIRACLE INDUSTRIES 40,932 -2.17%
MITHUNKNIT 33.80 -0.1
MITHUN KNITTING 15,827 -0.29%
MJLBD 119.00 -0.7
MJL BANGLADESH LIMITED 8,194 -0.58%
MONNOCERA 79.10 -2.2
MONNO CERAMIC 8,593 -2.71%
MPETROLEUM 198.00 0
MEGHNA PETROLEUM 2,395 0.00%
MTB 33.20 -0.5
MUTUAL TRUST BANK LIMITED 11,430 -1.48%
NATLIFEINS 162.00 5
NATIONAL LIFE INS. 500 3.18%
NAVANACNG 70.00 0.6
NAVANA CNG 2,000 0.86%
NBL 13.20 0
NATIONAL BANK 579,417 0.00%
NCCBANK 16.60 0
NATIONAL CREDIT & COM. BNK 784,486 0.00%
NFML 21.20 -0.4
NATIONAL FEED MILL LIMITED 7,880 -1.85%
NHFIL 46.00 -1.1
NATIONAL HOUSING 6,500 -2.34%
NPOLYMAR 100.00 -2.7
NATIONAL POLYMER 1,300 -2.63%
NTC 602.00 -2.2
NATIONAL TEA 100 -0.36%
NURANI 19.10 -0.5
NURANI DYEING & SWEATER LIMITED 30,481 -2.55%
OAL 21.40 -0.3
OLYMPIC ACCESSORIES LIMITED 32,487 -1.38%
OLYMPIC 272.20 0
OLYMPIC INDUSTRIES 495 0.00%
ONEBANKLTD 24.40 0.3
ONE BANK 47,596 1.24%
ORIONINFU 57.00 -1.1
ORION INFUSION 4,000 -1.89%
ORIONPHARM 48.00 -0.3
ORION PHARMA LIMITED 10,312 -0.62%
PADMALIFE 40.00 -0.3
PADMA ISLAMI LIFE INSURANCE 925 -0.74%
PADMAOIL 246.50 6.5
PADMA OIL 20 2.71%
PARAMOUNT 18.80 -0.7
PARAMOUNT INSURANCE 2,237 -3.59%
PDL 21.30 -0.2
PACIFIC DENIMS LIMITED 15,270 -0.93%
PENINSULA 22.90 -0.1
THE PENINSULA CHITTAGONG LIMITED 12,886 -0.43%
PF1STMF 7.30 0.1
PHOENIX FINANCE 1ST MF 500 1.39%
PHOENIXFIN 37.40 1.4
PHOENIX FINANCE 27,276 3.89%
PHPMF1 6.80 0
PHP FIRST MF 6,770 0.00%
PLFSL 14.70 0
PEOPLE'S LEASING 3,125 0.00%
POPULAR1MF 6.50 0.1
POPULAR LIFE FIRST MF 13,225 1.56%
POWERGRID 52.50 0.5
POWER GRID 7,005 0.96%
PREMIERBAN 15.60 0
PREMIER BANK 137,477 0.00%
PREMIERCEM 90.00 6.3
PREMIER CEMENT MILLS LIMITED 125 7.53%
PREMIERLEA 17.20 0.2
PREMIER LEASING 21,008 1.18%
PRIMEBANK 24.10 -0.3
PRIME BANK 13,250 -1.23%
PRIMEFIN 12.70 0
PRIME FINANCE 3,457 0.00%
PRIMETEX 25.90 -0.5
PRIME TEXTILE 600 -1.89%
PROVATIINS 22.00 0.6
PROVATI INSURANCE 1,017 2.80%
PTL 33.80 0.1
PARAMOUNT TEXTILE LIMITED 20,697 0.30%
PUBALIBANK 27.70 0.4
PUBALI BANK 152,308 1.47%
QSMDRYCELL 90.90 -1.3
QUASEM DRYCELLS 9,930 -1.41%
RAHIMAFOOD 179.80 -2.4
RAHIMA FOOD CORP. 1,695 -1.32%
RAKCERAMIC 56.90 0.3
R.A.K. CERAMICS 5,186 0.53%
RANFOUNDRY 138.00 2.8
RANGPUR FOUNDRY 26,174 2.07%
RDFOOD 16.70 -0.4
RAGPUR DAIRY & FOOD PRO 11,506 -2.34%
REGENTTEX 21.50 -0.8
REGENT TEXTILE MILLS LIMITED 14,273 -3.59%
REPUBLIC 24.10 -0.3
REPUBLIC INSURANCE 1,012 -1.23%
RNSPIN 17.60 -0.4
R. N. SPINNING 123,468 -2.22%
RSRMSTEEL 61.00 -0.8
RATANPUR STEEL RE-ROLLING MILLS LIMITED 5,227 -1.29%
RUPALIBANK 66.80 6
RUPALI BANK 42,951 9.87%
RUPALIINS 21.10 -0.7
RUPALI INSURANCE 10,100 -3.21%
SAFKOSPINN 15.10 -0.8
SAFKO SPINING 27,940 -5.03%
SAIFPOWER 44.60 -0.6
SAIF POWERTEC LTD. 18,514 -1.33%
SAIHAMCOT 19.30 -0.1
SAIHAM COTTON MILLS LTD. 3,672 -0.52%
SAIHAMTEX 21.20 -0.9
SIAHAM TEXTILE 2,956 -4.07%
SALAMCRST 34.80 0.2
S ALAM STEELS 20,235 0.58%
SALVOCHEM 19.40 -0.8
SALVO CHEMICAL 15,310 -3.96%
SAMATALETH 52.20 4.2
SAMATA LEATHER 200 8.75%
SAMORITA 94.00 2.6
SAMORITA HOSPITAL 3,000 2.84%
SANDHANINS 30.60 0.2
SANDHANI LIFE INS. 719 0.66%
SAPORTL 36.00 -0.7
SUMMIT ALLIANCE PORT 23,150 -1.91%
SHAHJABANK 26.10 0
SHAHJALAL ISLAMI BANK 69,057 0.00%
SHASHADNIM 67.50 3.3
SHASHA DENIMS LIMITED 770 5.14%
SHEPHERD 33.90 -0.4
SHEPHERD INDUSTRIES LIMITED 42,184 -1.17%
SHURWID 14.50 -0.9
SHURWID INDUSTRIES LTD. 20,750 -5.84%
SIBL 27.80 0.2
SOCIAL ISLAMI BANK 10,292 0.72%
SIMTEX 27.00 -1
SIMTEX INDUSTRIES LIMITED 2,616 -3.57%
SINGERBD 183.70 -0.4
SINGER BD 840 -0.22%
SINOBANGLA 65.00 -0.9
SINOBANGLA INDUSTRIES 425 -1.37%
SONARBAINS 21.60 0.3
SONAR BANGLA INSURANCE 35 1.41%
SOUTHEASTB 20.10 0.1
SOUTHEAST BANK 163,271 0.50%
SPCERAMICS 17.20 0.7
SHINEPUKUR CERAMICS 11,205 4.24%
SPCL 136.10 -1.1
SHAHJIBAZAR POWER CO. LTD. 776 -0.80%
SQUARETEXT 70.90 2.9
SQUARE TEXTILES 65,343 4.26%
SQURPHARMA 299.70 1.7
SQUARE PHARMA 11,784 0.57%
STANCERAM 99.00 2.2
STANDARD CERAMIC 3 2.27%
STANDARINS 25.40 0.1
STANDARD INSURANCE 2,740 0.40%
STANDBANKL 14.10 0.2
STANDARD BANK 259,284 1.44%
SUMITPOWER 37.50 -0.4
SUMMIT POWER 12,968 -1.06%
TAKAFULINS 24.30 1.3
TAKAFUL ISLAMI INS. 97 5.65%
TALLUSPIN 10.60 0
TALLU SPINNING 45 0.00%
TITASGAS 48.00 0
TITAS GAS 16,675 0.00%
TOSRIFA 24.60 -0.9
TOSRIFA INDUSTRIES LIMITED 1,654 -3.53%
TRUSTB1MF 6.90 0.2
TRUST BANK FIRST MF 95,767 2.99%
TRUSTBANK 45.50 0.5
TRUST BANK 67,014 1.11%
TUNGHAI 13.60 -0.5
TUNG HAI KNITTING AND DYEING LIMITED 50,543 -3.55%
UCB 23.30 -0.1
U.C.B.L. 156,127 -0.43%
UNIONCAP 18.60 -0.2
UNION CAPITAL 21,317 -1.06%
UNIQUEHRL 49.90 0.9
UNIQUE HOTEL & RESORTS LTD. 4,045 1.84%
UNITEDAIR 5.50 0
UNITED AIRWAYS 202,426 0.00%
UPGDCL 168.80 -4
UNITED POWER GENERATION & DISTRIBUTION COMPANY LIMITED 7,153 -2.31%
USMANIAGL 91.00 -3
USMANIA GLASS 2,524 -3.19%
UTTARABANK 39.20 0
UTTARA BANK 126,952 0.00%
UTTARAFIN 73.00 0.8
UTTARA FINANCE 3,091 1.11%
VAMLRBBF 9.20 -0.2
VANGUARD AML RUPALI BANK BALANCED FUND 2,000 -2.13%
WATACHEM 199.00 -1.8
WATA CHEMICALS LIMITED 2,369 -0.90%
WMSHIPYARD 37.50 -0.5
WESTERN MARINE SHIPYARD LIMITED 7,502 -1.32%
YPL 23.50 -0.6
YEAKIN POLYMER LIMITED 4,845 -2.49%
ZAHEENSPIN 19.30 -0.5
ZAHEEN SPINNING LIMITED 26,739 -2.53%
ZAHINTEX 16.50 -0.2
ZAHINTEX INDUSTRIES LIMITED 6,719 -1.20%

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.