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“Floor Price was given for Investors’ safety”

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investors

BSEC: Bangladesh Securities and Exchange Commission Chairman Prof. Shibli Rubayat-Ul-Islam told, ‘We are progressing hard to protect investors. That’s why the floor price were given. If floor price is raised, it will be good for many people.

Whatsoever, compared to the situation in other global markets, we are doing the primary work for the safety of investors.

Prof. Shibli Rubayat-Ul-Islam said these things in the president’s speech at the investment education program at Momo Inn Hotel and Resort in Nowdapara, Bogra on Saturday (March 18).

BSEC Chairman said, we are sincerely trying to protect investors. Banks are closing in countries like America and Switzerland. The government is changing one by one there. England and France are on strike in many places. The airport is closed due to a strike in Germany. In this uncertain situation, we are in a good position in the capital market and banking sector.

He also said, in the future, more large investments and savings will be needed in this country. all in all we are very optimistic. We will do everything as a regulator when it is necessary in this market. here we have no opponent. No one is stopping us here. Everyone is helping us, starting from the Prime Minister’s office. So now we need positive mind participation. Through participation, if the transaction increases, the secondary market will be vibrant.

Regarding long-term investment and finance, he said, the only source of long-term investment and long-term finance is the stock market. That has not been happening for years. We are working on it. If you need long-term finance, you will turn to the capital market. Talked with the governor yesterday. He has repeatedly said that long-term investment responsibilities are largely transferred to the capital market. So our long-term investment, long-term finance, long-term loan and long-term return should only be towards the capital market.

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DSE on Slight Hike

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DSE Bourse Index Capitalization Weekly

Dhaka Stock Exchange DSE, Bourses on the third working day of the week, March 21, ended with price index & turnover hikes.

This information is known from DSE sources.

349 crores 61 lakh shares were traded in DSE on this day. 4 crores 95 lakhs less trading was done in DSE today compared to the previous workday, 20 March, Shares worth Tk 344 crores 66 lakh shares were traded in DSE last time, Monday.

The benchmark index DSEX hiked 18.72 points or 6,222. The Shariah-based index DSES rose 5.90 points or 1,355, and the blue-chip index DS30 gained 4.80 points or 2,220.

Of the issues traded, 87 advanced, 14 declined, and 224 remained unchanged.

Legacy Footwear Limited ranked top gainer on DSE, the share price increased by Tk 4.3 paisa or 10.00 percent. On this day, the share was last traded at Tk 47.30 paisa.

On the other hand,Renwick Jagneswar & Co (Bd) Ltd ranked top loser on the DSE, the share price dropped by Tk 15.7 paisa or 2.05 percent. On this day, the share was last traded at Tk 750.10 paisa.

DSE topped on trade Sea Pearl Beach Resort & Spa Limited 30 crores 78 lakh 18 thousand takas of shares of the company have been traded.

A total of 51 companies’ shares were traded in the Block on Dhaka Stock Exchange, 45 lakh 77 thousand 172 shares of the companies were traded. The financial value of which is 36 crore 90 lakh taka.

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Phoenix Insurance discloses its Dividends

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Phoenix

One of the Listed Companies, Phoenix Insurance Company Limited has recommended 15 percent cash Dividend to its investors for the Financial Year ending December 31, 2022.

This source is known from DSE.

The Company has reported EPS of Tk 2.02 paisa, NAV per share of Tk 37.10 for the year ended December 31, 2022, as against EPS of Tk 2.20 paisa.

The Annual General Meeting (AGM) of the company will be held on May 31 through the digital platform. The record date for this has been fixed at April 17.

/NR

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Central Insurance Declares its Dividends

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Central

One of the Listed Companies, Central Insurance Company Limited has recommended 15 percent cash Dividend to its investors for the Financial Year ending December 31, 2022.

This source is known from DSE.

The Company has reported EPS of Tk 2.03 paisa, NAV per share of Tk 49.48 for the year ended December 31, 2022, as against EPS of Tk 2.41 paisa.

The Annual General Meeting (AGM) of the company will be held on May 28 through the digital platform. The record date for this has been fixed at April 16.

/NR

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