The Bangladesh Securities and Exchange Commission (BSEC) has undergone significant restructuring, bringing about substantial changes in the responsibilities of officials from commissioners to assistant directors. According to BSEC sources, this restructuring involves the reassignment of two commissioners, four executive directors, eight directors, two additional directors, and eight assistant directors to different departments.

As per BSEC, Professor Dr. Sheikh Shamsuddin Ahmed, the Commissioner has been assigned the responsibility of the Division of Issuer Companies Affairs, Corporate Finance, and Financial Literacy Division within the Market and Intermediaries Affairs Division. On the other hand, the Chief Accountant Division’s responsibility has been given to another BSEC Commissioner, M. Abdul Halim.

Additionally, Abdul Halim has been entrusted with the Market Intelligence and Investigation Division and Derivatives Division. Meanwhile, he will also oversee the duties of the Chief Accountant Division. BSEC Chairman Professor Shibli Rubayat-Ul-Islam will directly oversee the Administration and Finance Division and the Commission’s Secretariat Division.

Mohammad Anwarul Islam, the Executive Director of BSEC, has been assigned the responsibilities of the Derivatives and Research and Development Divisions. Simultaneously, he will be responsible for the Investment Management Division. Executive Director Mohammad Rezaul Karim will oversee the responsibilities of the Compliance Division in addition to his existing role in the Legal Division. Executive Director Mohammad Shafiul Azam has been assigned to the Financial Literacy Division. Executive Director Mohammad Jahangir Alam has been given charge of the Market and Intermediaries Affairs Division. Besides, the responsibilities of eight directors, two additional directors and eight assistant directors of BSEC have been redistributed.

BSEC Secretary Division’s responsibilities have been assigned to Director General Muhammad Mahmudul Haque. Director General Pradip Kumar Basak will continue to oversee the responsibilities of the Administration and Finance Division, with additional duties in the Accounts and Finance Department. Director General Mohammad Abul Kalam will manage the responsibilities of the Division of Issuer Companies Affairs, alongside his role as the Chief Accountant of the Division. Director General Md. Mansoor Rahman has been assigned the responsibility of the existing Issuer Company Affairs Division as well as the Market and Intermediaries Affairs Division. Director Mohammad Abul Hasan has been given the responsibility of the Investment Management Division and Derivatives Division.

The Division of Derivatives and the Derivatives Division will be led by Director General Sheikh Mahbubur Rahman. Furthermore, Director General Abu Rayhan Mohammad Mutasim will be in charge of the Internal Audit and Compliance Division, in addition to his role in the Research and Development Division. Director General Mohammad Fakhrul Islam Mojumdar will assume responsibilities for the Corporate Finance Division and the Enforcement Division. Lastly, Director General Mohammad Fakhrul Islam Majumder will head the Corporate Finance Division and the Enforcement Division.

Dhaka Stock Exchange DSE, Bourse on the first working day of the week, December 3, ended with price Index hikes & turnover drops. This information is known from DSE sources.

349 crore 1 lakh shares were traded on this day. 39 crore 47 lakh less trading was done in DSE today compared to the previous workday, 30 November, Shares worth Tk 388 crores 69 lakh shares were traded last time, Thursday.

The benchmark DSEX added 8.91 points or 6,231 The Shariah-based index DSES gained 2.12 points or 1,355, and the blue-chip index DS30 increased by 0.15 points or 2,108.

Of the issues traded, 93 advanced, 48 declined and 181 remained unchanged.

Khulna Printing & PAckaging Limited ranked top gainer on DSE, the share price increased by Tk 2.70 paisa or 10.00 percent. On this day, the share was last traded at Tk 29.70 paisa.

Zeal Bangla Sugar Mills Limited ranked top loser on the DSE, the share price dropped by Tk 8.40 paisa or 5.53 percent. On this day, the share was last traded at Tk  143.40 paisa.

DSE topped on trade is Emerald Oil Indutries Limited 18 crore 20 lakh takas of shares of the company have been traded.

A total of 46 companies’ shares were traded in the Block on the Dhaka Stock Exchange, 34 lakh 27 thousand 167 shares of the companies were traded. The financial value of which is 16 crore 70 lakh taka.

One of the listed companies, GSP Finance Company (Bangladesh) Limited, discloses its financial reports for the first quarter, (January-March 23). This source is known from DSE.

Q1 Financials: The company’s consolidated earnings per share (EPS) was loss of Tk 1.17 paisa in Q1 of the current financial year. Consolidated EPS was Tk 0.31 paisa during the same period last year. As of March 31, 2023, the consolidated net asset value (NAVPS) was Tk 26.61 paisa.

Q2 Financials: the company’s consolidated earnings per share (EPS) was loss of Tk 1.47 paisa in Q2 of the current financial year (April-June 23). Consolidated EPS Tk 0.14 paisa during the same period last year. As of June 30, 2023, the consolidated net asset value (NAVPS) was of Tk 24.82 paisa