Stocks
BSEC, NAB Lead Joint Workshop on Impact Investment in Bangladesh
The Bangladesh Securities and Exchange Commission (BSEC) and the National Advisory Board (NAB) collaboratively hosted a roundtable workshop titled “Impact Investment; Bridging the Gap” at the BSEC Building on November 12, 2023 (Sunday). Dr. Sheikh Shamsuddin Ahmed, BSEC Commissioner, moderated the event, with Forhadur Reza, CEO of NAB, leading the proceedings. The honorable Chairman of BSEC, Prof Shibli Rubayat Ul Islam, graced the program, alongside delegates from various national and global organizations. The workshop delved into the theoretical and global framework of impact investment, exploring its prospects, challenges, and opportunities for implementation in Bangladesh.
During the preliminary speech, Forhadur Reza, CEO of NAB, provided a conceptual overview of impact investment, stressing the necessity of collaborative efforts in Bangladesh. Prof Shibli Rubayat Ul Islam, Chairman of BSEC, highlighted BSEC’s initiatives to promote impact investment, citing the recent issuance of sustainable bonds. He emphasized BSEC’s commitment to prioritizing sustainability in fund-raising projects, with a focus on Environmental, Social, and Governance (ESG) issues. Prof Shibli Rubayat Ul Islam assured continued support from BSEC for impact investment and called for joint collaboration in this area.
Subsequent presentations were delivered by Arastoo Khan, Chairman of NAB, Fai Wechayachai from GSG, Rezaul Karim, ED of BSEC, Laura Browner, Manager of Social Financing from the Netherlands, and Erad Kawser, ED of Build Bangladesh. Topics ranged from the national strategy of impact investment to instruments, measuring and reporting impact, and BSEC’s ongoing initiatives. Presenters emphasized the need for a cohesive approach and the removal of policy limitations to make impact investment more accessible in Bangladesh.
Following the presentations, delegates shared their opinions, stressing the importance of a pragmatic approach, considering investor returns alongside social impact, and advocating for national and global collaborations to facilitate the process. In concluding remarks, Dr. Sheikh Shamsuddin Ahmed, the moderator, expressed gratitude for the shared insights. He highlighted BSEC’s commitment to impact investment, citing recent collaborations with IFC and UNDP on projects.
Dhaka Stock Market DSE, Bourse on the last working day of the week, 25th July, ended with a hike in Indices and Turnover from the previous working session. This information is known from DSE sources.
497 crore 34 lakh taka shares were traded on this day. 337 crore 97 lakh more tradings were done in DSE today compared to the previous workday, July 24th, Shares worth Tk 159 crores 37 lakh shares were traded last time, Wednesday.
The benchmark DSEX increased 62.81 points or 5,413 The Shariah-based index DSES added 13.81 points or 1,183 and the blue-chip index DS30 gained by 24.25 points or 1,932.
Of the issues traded, 286 advanced, 66 declined and 40 remained unchanged.
Techno Drugs Limited ranked top gainer on DSE, the share price increased by Tk 3.80 paisa or 9.87 percent. On this day, the share was last traded at Tk 42.30 paisa.
Rangpur Foundry Limited ranked top loser on the DSE, the share price dropped by Tk 5.40 paisa or 2.98 percent. On this day, the share was last traded at Tk 175.70 paisa.
DSE topped on trade is Square Pharmaceuticals PLC 35 crore 9 lakh takas of company shares have been traded.
A total of 28 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 82 lakh 94 thousand 29 shares of the companies were traded. The financial value of which is 21 crore 92 lakh taka
One of the listed companies, Eastland Insurance Company Limited discloses its financial reports for the second quarter, (April – June 24).
The company’s earnings per share (EPS) Tk 0.27 paisa in Q2 of the current financial year (April – June 24). EPS was Tk. 0.41 for January-June 2024 as against Tk. 1.47 for the same period last year. EPS was Tk 0.80 paisa during the same period last year. NAV per share was Tk. 20.85 as of June 30, 2024.
One of the listed companies, Shahjalal Islami Bank PLC discloses its financial reports for the second quarter, (April – June 24).
The company’s Consolidated earnings per share (EPS) Tk 1.50 paisa in Q2 of the current financial year (April – June 24). Consolidated EPS was Tk. 1.50 for January-June 2024 as against Tk. 1.47 for the same period last year. EPS was Tk 0.80 paisa during the same period last year. Consolidated NAV per share was Tk. 20.85 as of June 30, 2024.
