Dhaka, Bangladesh (BBN): Three listed companies will be added to the benchmark index of Dhaka Stock Exchange, DSEX, on Sunday.
The companies are: Premier Cement Mills, Golden Harvest Agro Industries and Orion Pharma, the DSE said in a statement on Wednesday.
The indices committee of DSE selected the companies after revising the performance of the firms in line with the index methodology designed by S&P Dow Jones Indices.
With the three, the DSEX will have 203 listed companies, around 94 per cent of the total market capitalisation.
The DSEX was introduced on the premier bourse on January 28 this year, replacing the DGEN, which contain inflated points due to previously faulty calculation method.
In another move by the DSE indices committee, five listed companies will replace the existing five ones on the DS 30 index from Sunday.
The five companies are: Uttara Bank, Southeast Bank, Unique Hotel & Resorts, Bangladesh Submarine Cable Company and National Life Insurance Company.
The firms that will be excluded from the DS 30 are: MJL Bangladesh, Keya Cosmetics, United Commercial Bank, Peoples Leasing and Financial Services and National Bank.
BBN/BB/AD/18Jul-13-11.58am (BST).