Stocks
169 companies’ floor price withdrawal lists
169 companies from the Stock Market floor price have been withdrawn by the Regulatory body Bangladesh Securities and Exchange Commission (BSEC). But, there is a minimum limit on the share price of the company. BSEC Chairman Professor Shibli Rubayat-Ul-Islam issued an order on Wednesday (December 21).
From the given order, for the good development in the share market and for the sake of the investors, the movement needs to be controlled. That’s why Dhaka Stock Exchange and Chittagong Stock Exchange (DSE & CSE) 169 companies floor price has been withdrawn and the companies have been directed to keep the minimum limit of 1 percent share price reduction.
Rezaul Karim, BSEC spokesperson and executive director confirmed the order. He told Orthosongbad that shares of 169 companies whose floor prices were withdrawn were not being traded for a long time. As a result, the floor price of the companies has been withdrawn and the lower limit of share price reduction has been set.
For the convenience of financial news readers, below is the list of companies whose floor prices have risen:
Insurance Sector: Islami Commercial Insurance Company, Agrani Insurance, Desh General Insurance, Karnaphuli Insurance, Continental Insurance, Global Insurance, Janata Insurance, Mercantile Insurance, Purabi General Insurance, Phoenix Insurance, Crystal Insurance, Islami Insurance, Nitol Insurance, People’s Insurance, United Insurance, Northern Islami Insurance, City General Insurance, Progressive Life Insurance, Prime Islami Life Insurance, Meghna Life Insurance, Padma Islami Life Insurance, Sunlife Insurance and newly listed Chartered Life Insurance, Republic Insurance, Federal Insurance, Express Insurance, Asia Pacific General Insurance , Paramount Insurance, Central Insurance, Sonarbangla Insurance, Dhaka Insurance, Takaful Islami Insurance, Rupali Insurance, Eastland Insurance, Senakalyan Insurance, Eastern Insurance and Union Insurance Company.
Mutual Funds: Prime Finance First Mutual Fund, First Janata Bank Mutual Fund, ICB AMCL Second Mutual Fund, AIBL First Islami Mutual Fund, CAPM IBBL Islami Mutual Fund, ICB Employees Provident Mutual Fund Scheme One, Phoenix Finance First Mutual Fund, IFIL Islamic Mutual Fund One, ICB AMCL Third NRB Mutual Fund, MBL First Mutual Fund, Prime Bank First ICB AMCL Mutual Fund, ICB AMCL CMSF Goldage Jubilee Mutual Fund, ICB AMCL Sonali Bank Mutual Fund, Exim Bank First Mutual Fund, EBL First Mutual Fund, EBL NRB First Mutual Fund.
Also in the list of Mutual Funds which have given floor price are AB Bank First Mutual Fund, PHP First Mutual Fund, Popular Life First Mutual Fund, Trust Bank First Mutual Fund, DBH First Mutual Fund, GreenDelta Mutual Fund, LR Global Bangladesh Mutual Fund – One , SEML Lecture Equity Management Fund, SEML FBLSL Growth Fund, SEML IBBL Shariah Fund; CAPM BDBL Mutual Fund, Vanguard AML BD Finance Mutual Fund One, Vanguard AML Rupali Bank Balances Fund; Asian Tiger Sandhyani Life Growth Fund; Reliance One Mutual Fund, NLI First Mutual Fund, IFIC Bank First Mutual Fund, NCCBL Mutual Fund and ICB AMCL First Agrani Bank Mutual Fund.
Textile Sector: Tasrifa Industries, Pacific Denims, Tunghai Knitting & Dyeing, Anlima Yarn, Zahin Tex Industries, Safco Spinning Mills, Noorani Dyeing, Tallu Spinning, Apex Spinning & Knitting, Desh Garments, Regent Textile Mills, Saiham Textiles, Simtex Industries, Delta Spinners, Zaheen Spinning, Stylecraft, Dhaka Dyeing, Dulamia Cotton, Prime Textiles, Evince Textiles, Family Tex, Hamid Fabrics, Rahim Textiles, Mithun Knitting and Dyeing, Alltex Industries, and Sonargaon Textiles.
Engineering Sector: RSRM, BD Welding, Aziz Pipes, BD Autocars, Shurwid Industries, Deshbandhu Polymer, Oimex Electrode, Yeakin Polymer, K&Q, RFL, Navana CNG, Olympic Accessories, Monno Agro, BDThai Aluminum, Dominage Steel and Renwick Jajneswar & Co.
Food & Ancillary Sector: Emerald Oil, Meghna Pet Industries, Meghna Condensed Milk, Pran, Zeal Bangla Sugar Mills, Fine Foods, Bangas, Beach Hatchery, Apex Foods, and Shyampur Sugar Mills.
Financial Sector: First Finance, Fas Finance, Midas Financing, Premier Leasing & Finance, BIFC, First Finance & Investment, International Leasing, Union Capital & People’s Leasing & Finance.
Miscellaneous Sector: Savar Refractories, GQ Ballpen, Miracle Industries, Sinobangla Industries, Osmania Glass, Khan Brothers PP Woven Bag Industries, National Feed Mills, Aramit Limited and SK Trims.
Pharmaceuticals and Chemicals Sector: Central Pharma, MB Pharma, Imam Button, Libra Infusions and Indobangla Pharmaceuticals.
Information Technology Sector: Information Services, Intake, Agni Systems and BDCom Online.
Jute Sector: Jute Spinners, Northern Jute and Golden Fiber.
Tannery Sector:
Samata Leather, Legacy Footwear and Apex Tannery.
Paper and Publishing Sector:
Khulna Printing & Packaging, Hakkani Pulp & Paper Processing & Packaging.
Energy Sector:
Eastern Lubricants and GBB Power.
In addition, the regulatory body has given floor price of Bangladesh Services in the service and accommodation sector, Samarita Hospital in the travel and leisure sector and Standard Ceramics in the ceramic sector.
Major General Mohammad Quamruzzaman (retd) has stepped down from his role as an independent director of the board of the Dhaka Stock Exchange, citing personal reasons.
He also served as a member of the DSE’s Nomination and Remuneration Committee (NRC).
Quamruzzaman was appointed to the DSE board on 1 September 2024, following the fall of the Awami League-led government. After serving for nearly one year and nine months, he submitted his resignation on Saturday (24 May).
Speaking to Quamruzzaman confirmed his resignation, saying, “Yes, I have resigned as an independent director for personal reasons.”
Md Shafiqur Rahman, Deputy General Manager of Public Relations and Publications at the DSE, said Quamruzzaman submitted a resignation letter mentioning personal reasons behind his decision.
“The DSE board will now take a decision regarding the resignation,” Shafiqur Rahman said.
He also indicated that Quamruzzaman may be planning to join another company, which could have influenced his decision to resign.
Earlier, another independent director of the DSE board, Shahnaz Sultana, also resigned from her position. She was likewise a member of the NRC.
According to the DSE annual report, Shahnaz Sultana is the CEO and Chief Consultant of FINS Alliance Risk Advisory and Consultancy and has served as the Founder and Chairperson of the WE Global Women Foundation since 2020.
The Bangladesh Securities and Exchange Commission (BSEC) has today approved appointment of Ms. Nuzhat Anwar as the new Managing Director of Dhaka Stock Exchange PLC. (DSE).
Ms. Nuzhat Anwar brings over two decades of experience in financial markets, banking, and development finance. Prior to her appointment, she worked at the International Finance Corporation (IFC), the private sector arm of the World Bank Group, where she held multiple senior leadership roles across Africa and South Asia. Her positions included Resident Representative for Liberia and Sierra Leone, Senior Country Officer for Bangladesh covering Bangladesh, Bhutan, and Nepal, and acting Cluster Manager during the COVID-19 pandemic and the subsequent transition period.
Ms. Anwar also served as an IFC Country Officer in Botswana and Namibia, where she played a key role in establishing IFC’s presence in Gaborone and advancing a sustainable investment program, including IFC’s first investment in Botswana. She offers deep expertise in capital management, treasury and liquidity, transaction services, portfolio optimization, and market advocacy. Earlier in her career, she spent 16 years with Citibank Bangladesh and Standard Chartered Bank Bangladesh in various senior management roles.
Ms. Anwar holds a Master’s degree in Commerce (Finance) from the University of Dhaka.
On her appointment as the Managing Director of DSE, the Chairman of the Board of DSE Mr. Mominul Islam said, “We are pleased to receive the approval of BSEC for appointment of Ms. Anwar as the new Managing Director. Over the last one year the NRC and Board of have worked hard to recruit a competent leader as the MD of DSE. We are confident that Ms. Anwar, with her excellent leadership trait, vast experience in the financial sector in home and abroad and deep passion for transformation in the Capital Market of the Country, is the right candidate to lead DSE in the days ahead. Now, we will complete the internal processes to onboard Ms. Anwar at soonest.”
Dhaka Stock Market DSE, Bourse on the second working day of the week, 30th September, ended with a negative performance in Indices and a hike in Turnover from the previous working session. This information is known from DSE sources.
503 crore 90 lakh taka shares were traded on this day. 22 crore 58 lakh more tradings were done in DSE today compared to the previous workday, 29th September, Shares worth Tk 481 crores 31 lakh shares were traded last time, Sunday.
The benchmark DSEX lost 33.61 points or 5,624 The Shariah-based index DSES dropped 7.36 point or 1,263 and the blue-chip index DS30 decreased by 9.57 points or 2,053.
Of the issues traded, 72 advanced, 299 declined and 25 remained unchanged.
Shahjibazar Power Company Limited ranked top gainer on DSE, the share price increased by Tk 4.00 paisa or 9.76 percent. On this day, the share was last traded at Tk 45.00 paisa.
Dhaka Electric Supply Company Limited ranked top loser on the DSE, the share price dropped by Tk 1.80 paisa or 7.56 percent. On this day, the share was last traded at Tk 22.00 paisa.
DSE topped on trade is Pragati Life Insurance Limited 25 crore 35 lakh takas of company shares have been traded.
A total of 27 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 1 crore 50 lakh 42 thousand 956 shares of the companies were traded. The financial value of which is 65 crore 60 lakh taka
