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CSE Welcomes Md. Shaifur Rahman as New MD

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Md. Shaifur Rahman cse

Md. Shaifur Rahman Mazumdar FCA, FCMA assumed the role of Managing Director at Chittagong Stock Exchange PLC (CSE) starting January 1, 2024.

Prior to his appointment at CSE, he held the position of Chief Operating Officer (COO) at Dhaka Stock Exchange PLC (DSE). His professional journey includes serving as the Acting Managing Director of DSE and a previous term as the Managing Director of CSE from 2016 to 2019. With a rich career spanning twenty-seven years in the private sector, Mazumdar has demonstrated expertise in various areas, including capital markets, financial management, export and production management, HR management, and management consultancy.

A distinguished Chartered Accountant and a Cost and Management Accountant, S.R. Mazumdar holds Fellowship memberships with both prominent accounting bodies in Bangladesh, ICAB and ICMAB. He earned his B.Com. (Hon’s) and M.Com. (Accounting) from the University of Chittagong. During his Chartered Accountancy course, he gained valuable experience working with KPMG Rahman Rahman Huq, a leading audit and consultancy firm in Bangladesh.

In addition to his contributions to business and industrial organizations, Mazumdar has played leadership roles in professional and trade bodies. He served as the Vice President of the Institute of Chartered Accountants of Bangladesh (ICAB) and as a council member during the tenure of 2016-18. He also chaired the Chittagong Regional Committee of ICAB and the Chittagong Branch Council of ICMAB.

Furthermore, he served as a director of the Bangladesh Frozen Foods Exporters Association (BFFEA). His exceptional contributions extend to professional development, where he has been a resource person in various seminars, workshops, and training programs organized by ICAB, ICMAB, SAFA, BSEC, and Stock Exchanges. He has represented Bangladesh in different international conferences organized by the World Economic Forum, World Federation of Exchanges (WFE), and South Asian Federation of Exchanges (SAFE).

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Bullish Market Skyrockets

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dse bourse indices turnover

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

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Eastland Insurance releases Q2 Financials

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Eastland Insurance r

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.

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Shahjalal Islami Bank reveals unchanged Q2 Financials

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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.

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