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Women Participation reducing on Stock Market

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The number of women investors in Bangladesh’s stock market has been lessening for the past few years. Even though more than half of the total population of Bangladesh are women, the participation of women in the stock market investment is less than 1 percent.

The regulatory body says that women are being encouraged or motivated by the commission to move toward the stock market. And the market people think that if the participation of women can be increased, a huge amount of money will be added to Bangladesh’s capital market.

The data of Central Depository Bangladesh Limited (CDBL) says that the number of women investors in the capital market of the country has decreased in the last 5 years.

According to the sources of CDBL, in January 2018, the total number of BO accounts in the capital market was 27 lakhs 10 thousand 586. Among them, the amount of BO accounts of women investors was 7 lahks 21 thousand 606. 26.62 percent of the total BO accounts in the country were women investors that year. The participation of women investors in the capital market has changed in a span of 5 years. At the end of 2022, against the total of 18 lakh 44 thousand 914 BO calculations, women’s BO calculation was 4 lakh 44 thousand 24 or 24.66 percent.

Previous 4 years, women investors have been reducing in the country’s stock market. In 2019, women accounted for 26.74 percent of total investors. In 2020, the number of women investors decreased to 26.01 percent. And in 2021, the number of women’s birth count decreased to 25.12 percent and at the end of 2022, it decreased to 24.66 percent. Currently, it has further dropped to 24.64 percent.

According to the 2022 census preliminary report, the total number of women in the country is 81.7 million 12 thousand 824, which is more than men. On the contrary, the participation of women in the country’s stock market is only 0.54 percent.

There is no accurate information about the number of women workers in the capital market-related institutions of the country. However, the regulatory body Bangladesh Securities and Exchange Commission (BSEC) and two stock exchanges tried to find out about the participation of women workers.

It is known that for the first time in the capital market regulatory body, the professor of the law department of Dhaka University has been appointed as a female commissioner. Dr. Rumana Islam. She was appointed as the commissioner of the Securities and Exchange Commission on May 8, 2022. Presently there are 37 women officers and employees including one commissioner. The BSEC spokesperson claimed that the figure was more than 30 percent as a percentage.

On the other hand, Dhaka Stock Exchange (DSE), has 367 employees. Among them, a woman has been appointed as a director on the board of directors of DSE. Just Recently BSEC appointed Rubaba Dowla, the country director of Oracle Bangladesh, as the director of DSE. There are 50 women or 13.62 percent of the total workforce in the Dhaka Stock Exchange. Another capital market Chittagong Stock Exchange (CSE) has 13 or 16.88 percent of 77 employees.

When asked, the executive director and spokesperson of the Bangladesh Securities and Exchange Commission (BSEC) Md. Rezaul Karim told Orthosongbad, said. Rezaul Karim told Orthosongbad that there are various awareness programs for women investors in the capital market. Every year on International Women’s Day, BSEC organizes various programs for the participation of women.

Md. Rezaul Karim said that the participation of women in the capital market in the developed countries of the world is significant. There are about 8 crore women investors in the capital market of our neighboring country India. More than half of the total population of our country is women. But compared to that, the participation of women in the country’s capital market is very less. We are encouraging housewives, women students and women entrepreneurs by organizing various awareness programs to increase the participation of women in the capital market.

Rezaul Karim said about the job opportunities of women in the capital market, the commission is trying to increase the participation of women in the institutions centered on the capital market. There are quotas set by the government for women in recruitment to various institutions including BSEC, DSE, CSE and CDBL. Also, the commission always encourages all concerned to have significant participation of women in other capital market-oriented institutions.

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Bullish Market Skyrockets

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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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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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