Stock Market of Bangladesh

Small investors protest precession in front High Court

2012-05-17T00:30:00.002+06:00

Small investors protest precession in front High Court

A group of retail stock investors demonstrated on Wednesday before the High Court against writ petitions of directors of several companies seeking a stay order on a Securities and Exchange Commission (SEC) circular after the great market
crash. The circular specified holding minimum number of shares for directors and sponsors of companies listed on the capital market to make a support for the market. The bench of justices Farid Ahmed and Sheikh Hassan Arif began hearing the petitions at noon and market shows very unstable movement. Up to 40 investors, under the umbrella of Bangladesh Capital Market Investors Unity, gathered in front of the High Court gate around 12:15pm and showed their protest. The investors demanded measures to strengthen SEC to look after the interest of the retail investors. The platform's chief Mizan-ur-Rashid Chowdhury hoped the court will not deliver any verdict that would go against the interest of the people. On Nov 22 last year, the SEC had issued the circular saying sponsor-directors of each listed company together must hold at least 30 percent of the paid-up capital. The minimum share holding by individual directors was set at 2 percent. It gave six months to fulfil the requirements. The deadline would end on May 21. On Apr 8, one Sheikh Abdul Momin, who applied to be a director of the National Credit and Commerce Bank Limited (NCCBL), had filed a writ petition challenging the legality of the circular. Earlier on Monday, the court fixed Wednesday for the hearing when his lawyer Fida M Kamal presented his plea. The High Court had heard the petition and issued a rule. The Finance Secretary, Commerce Secretary, SEC Chairman, Bangladesh Bank Governor, NCCBL Managing Director, the Registrar of Joint Stock Companies and Firms, and Dhaka Stock Exchange and Chittagong Stock Exchange had been ordered to respond within four weeks.The court also granted the plea of Barrister Rafiq-ul Haque, the lawyer for 11 directors of Delta Life Insurance, to hold a hearing on Wednesday on similar petition filed by his clients.

Source: Media News

Price Sensetive Information-FY2011-2012: Bay Leasing & Investment limited

2012-04-01T23:52:00.000+06:00

At a Glance:Bay Leasing & Investment limited

Bay Leasing & Investment limited is a public limited company which started its journey in February, 1996 as a non-banking financial institution and guided under the Financial Institutions Act of 1993. From its inception Bay Leasing & Investment Limited ran its operations in a professional manner under the able guidance and leadership of its Board of Directors. The employees are fully committed and dedicated to its growth and have been very loyal. On account of this the employee turnover of Bay Leasing & Investment Limited is the lowest in the industry. The customer portfolio is well diversified and a vast number of entrepreneurs have been benefited immensely through long term relationships.

Price Sensetive Information-FY2011-2012: Bay Leasing & Investment limited

Financial Institutions To Take Mandatory Permission From Bangladesh Bank

2012-03-30T14:46:00.004+06:00

Financial Institutions To Take Mandatory Permission From Bangladesh Bank

DHAKA: BDST: 2011 HRS, MAR 29, 2012

It is mandatory for financial institutions to take permission from Bangladesh Bank (BB) to form any new subsidiary company for investment. Besides, the institutions, which are investing through forming subsidiary

companies violating the ‘Financial Institution Act-1993’, they have to withdraw investment by September 30.The central bank issued a gazette notification by giving the directives to the financial institutions Thursday. The notification said it was observed that the tendency of investing through forming subsidiary company has been increased among financial institutions. It raised the investment risk of the institutions. So, they have to take permission from Bangladesh Bank for minimizing the risk.

Source: banglanews24.com

Share Market of Bangladesh now is in 'good condition' Muhith remarked

2012-03-30T02:38:00.001+06:00

Share Market of Bangladesh now is in 'good condition' Muhith remarked

The stock market of Bangladesh now is in a 'good condition,' though instability had caused an uproar over the last year, finance minister Abul Maal Abdul Muhith said on Thursday."The country's share market caused much furore over the last year. It has reached a good condition now. Two government institutions Securities and

Exchange Commission and Investment Corporation of Bangladesh are providing sufficient assistance to keep the market stable," said Muhith.The finance minister made the observation as the ICB officials handed him a cheque, containing its profit of Tk 10.12 crore for 2010-2011 fiscal, at his secretariat office."Several reform measures including demutualisation have been taken to keep the market stable. The market will be back on the right track once the programmes are completely implemented," he added.The benchmark index of the Dhaka Stock Exchange (DSE) went down to 3,616 points on Feb 6 this year. The index maintained an upward trend since then and exceeded 5,000 points on Wednesday. "Our investors are not professionals. Sometimes they invest without understanding anything about the market. Chances of suffering losses in the market are slim if investment is made with full knowledge of the business," said Muhith."The government has not been much concerned about the instability reigning over stock market over the last year, as fluctuations are common," he added.The ceremony was also attended by ICB managing director Saifuzzaman and its chairman SM Mahfuzur Rahman.

The DSE (Dhaka Share Bazar) benchmark index has crossed 5000

2012-03-28T23:46:00.001+06:00

The DSE (Dhaka Share Bazar) benchmark index has crossed 5000

The DSE (Dhaka Share Bazar) benchmark index has crossed 5000 mark after Jan 16 with the DGEN reaching 5038.80 points at close of Wednesday's trading hours. The DGEN ended the week's third business day registering a gain of 99.79 points or 2.02 percent dominating power and IT sector. Shares

and mutual funds worth around Tk 8212.14 million changed hands with prices of 212 issues gaining, 42 declining and 11 remaining unchanged with a positive up trend. The day's turnover was around Tk 962 million more than around Tk 7250 million of Tuesday hitting higher of last three month.The last time DGEN had crossed 5000 mark was on Jan 15. The index reached its peak at 5051.54 points at the end of the day's trading with growing turnover. Tuesday's trading ended with the highest turnover in two and a half months. Trading was off on Monday because of the Independence Day as declared National holiday. After a rise in share prices last week, trading on DSE opened this week on an upbeat note, gaining 104 points with bull governing trend. Sunday's turnover was the highest in past two and a half months which remarkable to the investors. The DGEN rose 215 points or 4.75 percent last week. The average daily turnover was Tk 4760 million, which was 86 percent higher than that of the previous week. In the week before, the index had gained 198 points or 57 percent.

Dhaka Stocks Market continue gaining in the current week

2012-03-27T23:07:00.001+06:00

Dhaka Stocks Market continue gaining in the current week

The Benchmark index of Dhaka Stock Exchange (DSE) kept moving on an upward curve on Tuesday, with the highest turnover in two and a half months with new hope of bull trend. The DSE general index closed at 4939 points with a gain of 75 points following fluctuations with highest turnover of the last tow and

half months. Of the traded shares and mutual funds, prices of 139 advanced, 107 declined and 20 remained unchanged showing bull dominating trend. The turnover was Tk 7250 million, which was Tk 610 million more than Sunday's and last half an hour 110 crore. Trading was closed on Monday because of the Independence Day as national holyday. After a rise in share prices last week, trading on DSE opened this week on an upbeat note, gaining 104 points leading power and IT sector. Sunday's turnover was the highest in past two and a half months and indicates market participant are becoming active after a massive fall of the market index. The DGEN rose 215 points or 4.75 percent last week of this month. The average daily turnover was Tk 4760 million, which was 86 percent higher than that of the previous week showing a up trend. In the week before, the index had gained 198 points or 57 percent and continuing the trend.

Dhaka Stock Exchange end week higher

2012-03-27T01:52:00.000+06:00

Dhaka Stock Exchange end week higher

The benchmark index of the Dhaka Stock Exchange (DSE) closed the week 58.90 points higher after price correction. The DGEN closed at 4759.14 points or 1.25 percent on Thursday, but the daily turnover was Tk 350.86 million less than that of Wednesday. Shares and mutual funds worth around Tk 4.43 billion changed hands with prices of 213 issues gaining, 34 declining and nine remaining unchanged. The index had reached its peak for the day at 4770.95 points around 12:25pm. On Wednesday, trading closed at 69.26 points down after an initial spurt in the first hour. On Tuesday, the DGEN ended at 4769.50 points, registering a gain of 97.04 points after some fluctuations. The index continued rising along with the turnover for the first three days of the week. The DGEN had ended the first day of the week 82.55 points higher. Last week's trading closed with a rising benchmark index and turnover higher than that of Wednesday.

Starting upbeat, the DSE general index gained 46 points to close the day's trading with an exchange of Tk 4.04 billion. The DSE got its new chief Rakibur Rahman last Thursday. The DSE general index rose 198 points or 4.57 percent last week.

Dhaka Stock Exchange General Index rises on govt compensation

2012-03-04T23:58:00.000+06:00

Dhaka Stock Exchange General Index rises on govt compensation

The benchmark index of Dhaka Stock Exchange (DSE) the prime stock market in Bangladesh rose dramatically in the last hour of Sunday's trading after the finance minister had announced a set of decisions to
compensate affected retail investors specially waived 50% Interest charge. The index advanced to 4577.68 points, gaining 23.91 points or 0.52 percent at the close of the week's first trading day. Shares and mutual funds worth Tk 2.73 billion changed hands with prices of 156 issues advancing, 78 declining and 22 remaining unchanged. After 10 minutes of trading, DSE general index slipped to 4505.55 points, losing over 48 points. It turned around and advanced to 4579.18 points, with a gain of around 25 points at 11:55pm. Only after seven minutes, it slipped again to 4541.94 points, shedding 11.82 points or 0.25 percent. The index touched the green zone with a very slight gain once again around 12:15pm but decreased again to 4527.17 points, shedding 26.59 points or 0.58 percent at 1:09pm. On Thursday, The DGEN had slumped to 4553.77 points, shedding 141.64 points or 3.02 percent.
Trading on Tuesday closed with the general index at 4668.56 points, up by 147.23 points or 3.25 percent. The DGEN had closed the previous week (Feb 19- Feb 23) at 4367.81 points. The index has been steadily gaining over the two weeks before that with a 245-point gain in the week between Feb 12 and Feb 16 and a 165-point gain in the week before that (Feb 5-Feb 9).

Margin Loan Interest waiver & IPO quota for the loser of stock market

2012-03-04T23:51:00.001+06:00

Margin Loan Interest waiver & IPO quota for the loser of stock market

The government has waived half of the interest on the margin loan of the retail stock market investors of Dhaka Stock Exchange the prime stock market in Bangladesh in a much-awaited move to recompense them for their losses in the slide which shows a positive move. A 20 percent quota will be reserved for them in the
next IPOs this year and 2013, finance minister AMA Muhith told reporters after meeting capital market stakeholders on Sunday. The small investors who did not take margin loan will also get this facility, he said and defined those having invested up to Tk 1 million of their own money in the share market from 2009 to 2011 as small investors. "Merchant banks, brokerage houses and other lending organisations can waive 50 percent of the interest they were paid for one year against any affected account," Muhith said. "The remaining 50 percent interest will be transferred to a block account without interest and the investors will pay the money in quarterly instalments in three years," he said. The small investors who was affected in 2011 or 2011-12 fiscal year will get the interest waiver and the decisions will be implemented at once, according to the minister. Asked whether the lenders will agree with the decisions, Muhith said, "They pledged that they will waive the interest." "Of course, merchant banks will waive interest," Bangladesh Merchant Bankers Association president Mohammad A Hafiz said. In response to a question, the minister said the merchant banks and brokerage houses will decide how they will compensate. "They will consider it as their expenses. They will get tax break from the government in return." The written copy of the decisions made available to journalists reads, "After subtracting total interest (waivable and due) from debit balance of margin account on Nov 30 2011, there will be scope to reschedule the rest of the money by transferring to a different account for repaying in equal three-month installations in three years at a logical rate (highest 10 percent)." Bangladesh Bank will be requested to count the transferred money by deducting from the single party exposure of the bank of the relevant organization and exposure limit of banks. The lenders will give the affected accounts the chance to trade by giving new margin loan in existing system without considering the transferred money. The market will become stable on the decisions, Muhith hoped. The meeting started around noon following the finance minister's remarks on Feb 22 that the steps to compensate the small investors will be announced within 10 days. Representatives of the Securities and Exchange Commission, Dhaka Stock Exchange, Chittagong Stock Exchange, Bangladesh Bank, Investment Corporation of Bangladesh, Bangladesh Association of Banks and Bangladesh Merchant Bankers Association attended the meeting. The capital market turned volatile since December 2010, triggering violent protests for months. The shares and mutual funds lost their value by nearly 60 percent in the three phases up to the first week of this month. Prime minister Sheikh Hasina had met the market stakeholders in November last year and ordered compensation for the retail stocks investors who lost their money to the continuous fall in share prices. Later, a committee, headed by ICB managing director Mohammad Fayequzzaman, was formed to make proposals. Muhith made the Feb 22 remarks after the committee had submitted its report.

Dhaka Stock Exchange (DSE) ends day 147 points up

2012-02-29T01:34:00.000+06:00

(Bangladesh Share Market): Dhaka Stock Exchange (DSE) ends day 147 points up

The benchmark index of DSE rose sharply on Tuesday with a bull trend. The general index ended the day at 4668.56 points, gaining 147.23 points or 3.25 percent adding the yesterday closing point. Shares and mutual
funds worth Tk 5.30 billion changed hands, with prices of 246 issues increasing, nine declining and as many remaining unchanged.
The index increased to 4645.90 points, with a gain of 124.57 points or 2.75 percent, after an hour's trading. It rose to 4637.16 points, up 115.83 points or 2.56 percent at 1pm, and increased further to 4621.69 points, gaining 100.36 points or 2.21 percent, at 2pm. After posting a rise of 174.72 points, or 4 percent, to end the day at 4542.53 points on Sunday, the DGEN fell 21.20 points or 0.47 percent, to 4521.33 points on Monday. The general index had closed the week at 4367.81 points on Thursday, a day after a committee recommended waiver of up to 50 percent interest on margin loans taken by small investors form broker house and merchant banks

The previous week saw the benchmark index gaining on the last two days of trading, a 121.5-point rise on Thursday and a 62.78-point increase the day before.The gains helped tide over losses it experienced earlier in the week, losing 30.96 points on Monday and 44.56 points on Sunday. At the end of the week, 108.76 points were added to DGEN. The index has been steadily gaining over the two weeks before that with a 245-point gain in the week between Feb 12 and Feb 16 and a 165-point gain in the week before that (Feb 5-Feb 9).

The finance minister has said that steps to compensate small investors will be finalized in the next 10 days.

2012-02-26T01:15:00.001+06:00

Govt Says: Steps to compensate investors in 10 days

The finance minister has said:

that steps to compensate small investors will be finalized in the next 10 days.

"The government initiative to stabilise the capital market by regaining investors' confidence will succeed," Abul Maal Abdul Muhith said while briefing journalists following a meeting with various market stakeholders at the finance ministry on Wednesday evening. "The committee formed to compensate the losses of small investors
submitted their report today (Wednesday)," he said adding that the body has made a number of recommendations, which would take a few days to go through and verify. "The matter will be hopefully finalised within the next 10 days and made public through you," the minister told journalists. "However, I can assure you of such an initiative which is good for everyone." The market instability started in Dec 2010 and until the first week of the current month, the market fell by around 60 percent in three phases over the last one year and three months. Amidst the flux, prime minister Sheikh Hasina sat with stakeholders on Nov 16 and ordered to stabilise the market alongside compensating small investors. A committee, headed by the government's Investment Corporation of Bangladesh (ICB) managing director Mohammad Fayekuzzaman, was formed to formulate ways to compensate them. The capital market currently has around 1.7 million investors of which 1.5 million are small investors. "There is no liquidity crisis in the market; there is a crisis of confidence. We are trying our best to regain investors' confidence. Over the past year, a number of regulations were made by the SEC [Securities and Exchanges Commission] to help prop up the market." The minister continued, "We want a stable market. Big rises or falls are bad. Our aim is to stabilise it. We are working to that end and hope to succeed."

26.02.2012: Dhaka Stock Exchange ends on 2.86 pc high last week

2012-02-26T01:07:00.000+06:00

26.02.2012:Dhaka Stock Exchange ends on 2.86 pc high last week

The benchmark index of Dhaka Stock Exchange (DSE) rose by 2.86 percent, or 121.50 points, on the week's closing day as on 23.02.2012. The general index closed at 4367.81 points on Thursday, a day after a committee recommended waiver of up to 50 percent interest on margin loans taken by small investor for only
invest in stock market. With the day's trade volume recorded at Tk 3.30 billion, prices of 249 mutual funds and shares rose, nine fell and two remained unchanged. On Wednesday, the index gained 62.78 points, or 1.5 percent. On Monday, the index dropped at close during erratic trading throughout the day, with DGEN closing at 4183.52 points, down 30.96 points or 0.73 percent. The index saw fluctuations throughout Sunday, too, and opened the week on a down. It slipped to 4214.48 points, losing 44.56 points, or 1.04 percent, on the week's first day of trading. The index gained 245 points, or 6.19 percent, last week (Feb 12- Feb 16) and 165 points the previous week (Feb 5-Feb 9). DGEN dropped 641 or 14.29 percent in the week from Jan 29-Feb 2 and 459 points, or 9.29 percent, in the week from Jan 22 to 26. The average turnover was Tk 2.9 billion last week, 36 percent more than the trade volume seen the week before that.

No speculative speak on stock mkt, officials told

2012-02-26T00:59:00.001+06:00

No speculative speak on stock mkt, officials told

Dhaka, Feb 22 – The government has told public authority not to make any comment or take any decision on certain stock market issues without consulting the Securities and Exchange Commission (SEC).

The capital market regulator published the order issued by the Banking and Financial Institutions Division of the finance ministry on its website on Wednesday and finance minister give an interview on the media news.

The order termed the stock market 'very much sensitive' and apprehended that comments by individuals or organizations without understanding the market 'may create unrest there'.

"So, the Securities and Exchange Commission needs to be consulted, taken advise from and coordinated before anyone comments or gives decision on the stock market," it reads.

The order specifically warned the officials of the government, semi-government or statutory organizations against making any speculative comment in media.

It mentioned eight specific issues not to be commented upon without consultation with the Securities and Exchange Commission.

The issues include shares of any state-owned company or government shares of any firm hitting the market; proposal, explanation or analysis in national budget with regard to taxes related to the stock market; and any National Board of Revenue circular or policy related to the capital market.

Mentioned about a circular of government officials investing in risky business published and with held few month ago.

Dhaka Stock Exhange Indices as on22.02.12

2012-02-23T03:07:00.000+06:00

Indices as on Last Traded Date: Feb 22, 2012

DSI Index	3561.57660	50.93876	1.450983%
General Index	4246.31101	62.78988	1.5008859%

Total Trade	Total Volume	Total Value in Taka (mn)
72922	54139649	2258.202

Issues Advanced	Issues declined	Issues Unchanged
217	28	14

DSI Index	General Index

DSI Index Graph Last 30 Days	DSE General Index Graph Last 30 Days	DSE20 Index Graph Last 30 Days
Indices as on Last Traded Date: Feb 22, 2012

Indices as on Last Traded Date: Feb 22, 2012

Dhaka Stock Exchange Index

2012-02-21T02:05:00.000+06:00

Indices as on Last Traded Date: Feb 20, 2012

DSI Index	3510.63784	-23.36265	-0.6610823%
General Index	4183.52113	-30.96733	-0.7347827%

Total Trade	Total Volume	Total Value in Taka (mn)
75654	54492507	2297.818

Issues Advanced	Issues declined	Issues Unchanged
94	130	29

DSI Index	General Index

DSI Index Graph Last 30 Days	DSE General Index Graph Last 30 Days	DSE20 Index Graph Last 30 Days
Indices as on Last Traded Date: Feb 20, 2012

2012-02-19T23:22:00.000+06:00

Indices as on Last Traded Date: Feb 19, 2012

DSI Index	3534.00049	-37.07270	-1.0381389%
General Index	4214.48846	-44.56003	-1.0462438%

Total Trade	Total Volume	Total Value in Taka (mn)
80268	51786183	2127.739

Issues Advanced	Issues declined	Issues Unchanged
62	176	16

DSI Index	General Index

DSI Index Graph Last 30 Days	DSE General Index Graph Last 30 Days	DSE20 Index Graph Last 30 Days
Indices as on Last Traded Date: Feb 19, 2012

Initial Public Offering (IPO) of Unique Hotel and Resorts Ltd

2012-02-16T01:39:00.000+06:00

Initial Public Offering (IPO) of Unique Hotel and Resorts Ltd

The SEC has approved the initial public offering (IPO) of Unique Hotel and Resorts Ltd which will raise Tk 1.95 billion from the market. A total of 26 million shares will be issued with each issue priced at Tk 75,

including premium of Tk 65, the capital market regulator said in a media statement on Tuesday. With the money collected from the market, the firm will build three new hotels, pay back bank loans and expenses for the IPO, SEC said. Five-star business hotel The Westin Dhaka is a venture of the firm. The SEC in the statement also said the regulator did not endorse the IPO plans of Lanka Bangla Securities Ltd as it is a member of Dhaka Stock Exchange. Dhaka, Feb 14 – The SEC has approved the initial public offering (IPO) of Unique Hotel and Resorts Ltd which will raise Tk 1.95 billion from the market. A total of 26 million shares will be issued with each issue priced at Tk 75, including premium of Tk 65, the capital market regulator said in a media statement on Tuesday. With the money collected from the market, the firm will build three new hotels, pay back bank loans and expenses for the IPO, SEC said. Five-star business hotel The Westin Dhaka is a venture of the firm. The SEC in the statement also said the regulator did not endorse the IPO plans of Lanka Bangla Securities Ltd as it is a member of Dhaka Stock Exchange. Endorses Unique Hotel IPO.

Market News Update-Dhaka Stock Exchange.

2012-02-16T01:33:00.000+06:00

ymbol	DSE NEWS
News	Withdrawal of Authorized Representative: Multi Securities & Services Ltd., DSE Member No. 75, has withdrawn one of its Authorized Representatives, Mr. Md. Omar Faruque, with immediate effect.
Posting Date	2012-02-15

Symbol	PRIMEBANK
News	East Coast Shipping Lines Limited, one of the Corporate Directors of the Company, has further reported that it has completed its buy of 2,25,000 shares of the Company at prevailing market price through Stock Exchange as announced earlier.
Posting Date	2012-02-15

Symbol	PRIMEINSUR
News	The Board of Directors has recommended stock dividend @ 10% for the year ended on December 31, 2011. Date of AGM: 18.04.2012, Time: 11:00 AM, Venue: Bangladesh Institute of Administration and Management (BIAM), 63, New Eskaton, Dhaka. Record date: 01.03.2012. The Company has also reported EPS of Tk. 1.90, NAV per share of Tk. 15.17 and NOCFPS of Tk. 0.63 for the year ended on December 31, 2011.
Posting Date	2012-02-15

Symbol	PRIMEINSUR
News	There will be no price limit on the trading of the shares of the Company on 16.02.2012 following its corporate declaration.
Posting Date	2012-02-15

Symbol	MERCANBANK
News	As per regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of Board of Directors of the Company will be held on February 19, 2012 at 3:15 p.m. to consider, among others, audited financial statements of the Company for the year ended on December 31, 2011.
Posting Date	2012-02-15

Symbol	DSE NEWS
News	Today's (15.02.2012) Total Trades: 91,934; Volume: 63,071,926 and Turnover: Tk. 2,535.14 million.
Posting Date	2012-02-15

Symbol	EBL
News	Aquamarine Distributions Ltd., one of the Corporate Directors of the Company, has reported its intention to buy 78,00,000 shares in addition to its current holding of 14,34,664 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
Posting Date	2012-02-15

Symbol	DSE NEWS
News	Dhaka Stock Exchange Limited (DSE) will arrange an awareness program for the listed companies/mutual funds on usage of Electronic Fund Transfer (EFT) System which will be conducted by Bangladesh Bank's officials. This program will be held during February 19 to March 11, 2012. On each day, 25 companies will be scheduled. No registration fee is required for the program. For registration, availability of preferred date and further query, please call at 9564601 (Ext. 128, 242, 243, 293, 294). Registration will be considered on first come first serve basis. LAST DATE OF REGISTRATION IS FEBRUARY 16, 2012.
Posting Date	2012-02-15

Symbol	RAKCERAMIC
News	Trading of the shares of the Company will remain suspended on record date i.e., 16.02.2012 for AGM & EGM.
Posting Date	2012-02-15

Symbol	MAKSONSPIN
News	Trading of the shares of the Company will remain suspended on record date i.e., 16.02.2012.
Posting Date	2012-02-15

Symbol	STANDBANKL
News	Al-Haj Mohd. Yousuf Chowdhury, one of the Directors of the Company, has expressed his intention to buy 8,44,000 shares in addition to his current holding of 72,78,800 shares of the Company at prevailing market price through Stock Exchange within next 30 working days.
Posting Date	2012-02-15

Symbol	DSE NEWS
News	(Repeat): The 7th event of the program titled "Compliance in Corporate Governance" organized by the Academy, offered to the Members/Representatives of Member Companies, CEO, CFO & Company Secretary of Listed Companies, Merchant Bankers & Issue Managers is scheduled to be held very soon. For details, please logon to DSE website and browse into DSE Training Academy button. Registration will be considered on first come first serve basis. For further queries, please contact DSE Training Academy at Tel: 9564601, Ex-157.
Posting Date	2012-02-15

Symbol	DSE NEWS
News	(Repeat): The Third event of the 2-Month program titled "Investors' Awareness Program for Officials" organized by the Academy, offered to the potential investors' of the Market who by line of profession are Officials representing different entities of public and private sector is scheduled to be held very soon. For details, please logon to DSE website & browse into DSE Training Academy button. Registration will be considered on first come first serve basis. For further queries, please contact DSE Training Academy at Tel: 9564601, Ex-157.
Posting Date	2012-02-15

Symbol	DSE NEWS
News	(Repeat): DSE Training Academy has been working on varieties of effective programs for the interest of the stakeholders of Capital Market on regular basis. For details of the programs, please logon to DSE website and browse into "DSE Training Academy" button. Registration is open from 10:00 a.m. to 6:00 p.m. on every office day. For details, please logon to DSE website & browse into DSE Training Academy button. Registration will be considered on first come first serve basis. For further queries, please contact DSE Training Academy at Tel: 9564601, Ex-157.
Posting Date	2012-02-15

Symbol	DSE NEWS
News	(Repeat): DSE Training Academy has initiated the following programs to train different spectrum of audience both general and professionals having interest in Capital Market affairs. 1. Training program on Internal Audit, Risk Management & Control 2. Training Program on Asset Management 3. Training Program on Merger & Acquisition 4. Regional Investors' Awareness Program For details, please logon to DSE website & browse into DSE Training Academy button. Registration will be considered on first come first serve basis. For further queries, please contact DSE Training Academy at Tel: 9564601, Ex-157.
Posting Date	2012-02-15

Symbol	GREENDELT
News	The Company has informed that the Board of Directors of the Company has decided to revalue the assets (Fixed and Floating) of the Company to be conducted by an established and reputed firm in Bangladesh.
Posting Date	2012-02-15

Symbol	DHAKABANK
News	There will be no price limit on the trading of the shares of the Company today (15.02.2012) following its corporate declaration.
Posting Date	2012-02-15

Symbol	JAMUNABANK
News	The Company has informed that it has signed an agreement with the owner for purchasing approximate 11,000 sft. commercial space with undivided and undemarcated proportionate land measuring 0.02765 acre at 189 Sheikher Chalk, Ghoramara, Boalia, Rajshahi along with all other rights, interests, titles, easements etc. @ Tk. 5,000.00 per sft. totaling Tk. 5.50 crore for accommodation of Bank's Zonal Office and Rajshahi Branch subject to approval from Bangladesh Bank.
Posting Date	2012-02-15

Symbol	UTTARAFIN
News	Mr. Durand Mehdadur Rahman, Ms. Tahmina Rahman Tina and Ms. Zakia Rahman, all are Sponsors/Directors of the Company, have expressed their intention to buy 1,00,000 shares, 50,000 shares and 50,000 shares in addition to their current holdings of 6,15,998 shares, 12,31,998 shares and 13,48,666 shares respectively at prevailing market price through Stock Exchange within next 30 working days.
Posting Date	2012-02-15

Symbol	DELTALIFE
News	The Company has informed that the Board of Directors of the Company has decided to purchase a commercial space measuring 39,824 sft. (including common space) at Doctor's Tower (8th, 9th and 10th floors) located at 52/2/2, Box Culvert Road, Purana Paltan, Dhaka-1000 at the price of Tk. 14,000.00 only per sft. plus 20 units of car parking @ Tk. 5,00,000.00 per unit and also utility facilities @ Tk. 500.00 per sft. e.g. in all at a total cost of Tk. 58,74,48,000.00 only for the use of the Company. The registration cost and other incidental expenses will be borne by the Company as per Govt. rules.
Posting Date	2012-02-15

Symbol	DHAKABANK
News	The Board of Directors has recommended cash dividend @ 5% and stock dividend @ 30% for the year ended on December 31, 2011. Date of AGM: 29.03.2012, Time: 11:00 AM, Venue: Bangabandhu International Conference Centre, Agargaon, Sher-e-Banglanagar, Dhaka. Record date: 28.02.2012. The Company has also reported consolidated EPS of Tk. 6.25, consolidated NAV per share of Tk. 25.88 and consolidated NOCFPS of Tk. (1.80) for the year ended on December 31, 2011.
Posting Date	2012-02-15

Dhaka Stock Exchange Listed company specially banking sector's dividend declaration is very good.

2012-02-16T01:31:00.000+06:00

Last update on Feb 15, 2012 at 17:11:21

DSI Index	3597.62577	91.52711	2.6105115%
General Index	4289.70900	112.48027	2.6927008%

Total Trade	Total Volume	Total Value in Taka (mn)
91934	63071926	2535.143

Issues Advanced	Issues declined	Issues Unchanged
234	17	5

DSI Index	General Index

DSI Index Graph Last 30 Days

DSE General Index Graph Last 30 Days

DSE20 Index Graph Last 30 Days

Total turnover goes down by over 16.49pc

2012-01-03T01:12:00.000+06:00

Total turnover goes down by over 16.49pc

The total turnover of portfolio investment on the Dhaka Stock Exchange (DSE) dropped by more than 16.49 per cent in the just concluded year compared to the previous year.According to the data available with the DSE, the total turnover was Tk 23.55 billion in 2011 against Tk 28.20 billion in 2010, which was 16.49 per cent or Tk 4.65 billion lower.However, the premier bourse of the country received Tk 784 million net foreign or portfolio investment in the last year despite bearish trend in the stock market.During the year 2011, the foreign investors bought shares worth Tk 12.16 billion, while it was Tk 10.70 billion in 2010.As the market experienced massive correction last year, the foreign investors bought more shares, as most of the shares were at lucrative prices, commented a stock broker.They sold shares worth Tk 11.38 billion in 2011, while it was Tk 17.50 billion in 2010.In total, the benchmark DSE General Index experienced a record 37 per cent decline in 2011 since 1997, while the market capitalisation dropped 25.40 per cent in 2011.According to the DSE sources, the banking sector followed by fuel and power, pharmaceuticals, cement and telecommunications sectors attracted the most foreign investment.Most of the foreign investors are fund managers from the USA. A number of fund managers from Europe is also active in the market, market insiders said.According to the DSE statistics, the highest net portfolio investment was Tk 1.98 billion in August 2011, while the lowest was Tk 522 million in September in 2011.However, in January and July, the foreign investors sold more shares but buy less."The fall in turnover in 2011 does not mean that the foreign fund managers have lost their interest in the Bangladesh stock market," said a fund manager."Foreign investment is good for the stock market, as such investment is necessary for any emerging stock market like ours," said a stock broker.The portfolio investment declined as the stock market witnessed a volatile situation last year, said Mr Akter H Sannamat, former managing director of Prime Finance and Investment Ltd."The foreign investors trade after analysing pros and cons of the company and always invest in the fundamentally strong companies, not like us," said Mr Sannamat.Mr Sannamt, however, expressed the hope that the portfolio investment would go up this year, as the securities regulator unveiled foreign portfolio investors' friendly package.Under the packages, 10 per cent tax on capital gain for foreign investors has been withdrawn.To attract the portfolio investment which is one of the vehicles of the growth for an emerging stock market like Bangladesh, he said, the coordination among the relevant government agencies is required."Foreign investors want growth-oriented market and always look for new quality issues like those of telecommunications, infrastructure and utility sectors," said Mr Sannamat, also a stocks expert, adding that a steady market growth and political stability are also pre-requisites for wooing foreign investors.He also stressed the need for more focus on NRB (Non-resident Bangladeshi) investment in the stock market.

Dhaka stocks end marginally lower

2012-01-03T01:05:00.001+06:00

Dhaka stocks end marginally lower

Dhaka stocks edged marginally lower Monday amid volatile trading with fall in turnover value, as the investors booked profit at the later part of the trading session.The market analysts said the market fell due mainly to profit taking on heavy weight banking stocks, as the reports on operating profits of the listed banks were published in various newspapers."Despite some banks registered impressive growth on a year to year basis, the investors' response to the banking stocks for the day was rather negative," said a market analyst.The baking sector which contributed about one-third to the total market capitalisation lost 1.58 per cent which was mainly responsible for dragging the DGEN in the negative territory.The market shot up almost 50 points during the first 20 minutes of trading, before sell pressure in banking sector which spread all across the board to some extent saw the index slide down and eventually end the session negative.The benchmark general index of the Dhaka Stock Exchange-DGEN, the yardstick of the market, slipped 18.33 points or 0.34 per cent to close at 5,333.42.The broader DSE All Shares Price Index (DSI) went down by 16.95 points or 0.38 per cent to close at 4,442.04. The DSE-20 blue-chip index also declined 12.51 points or 0.31 per cent to close at 3,946.32.Mr Yawer Sayeed, managing director and CEO of AIMS of Bangladesh, the first private asset management company, said mainly profit taking pulled the market down.However, he said the investors should not worry about it as it is a normal price correction."The banking sector's price correction also encouraged traders to book profit in other sectors in a bid to restructure their individual portfolio," commented Mr Akter H Sannamat, former managing director of Prime Finance and Investment Ltd.However, he said the bank's operating profit does not reflect on the bank's net profit and the investors should not be panicked about it.Meanwhile, four more sponsors/directors of four companies expressed their willingness Monday to buy shares of their respective companies at prevailing market price through stock exchange within next 30 working days.Turnover value declined to Tk 5.94 billion in value term, down by 11.34 per cent compared to Tk 6.70 billion in the previous session.However, prices of most of the issues increased on the day, as out of 264 issues traded, 144 advanced, 110 declined and 10 remained unchanged.

Banking Sectors' profit Growth rate declines in 2011

2012-01-01T01:48:00.000+06:00

Banking Sectors' profit Growth rate declines in 2011

The growth rate of operating profit of the country's Banking Sector specially private commercial banks (PCBs) declined in the just-concluded calendar year -2011, as the banks were mostly hit by plunging stocks, slashed spread and liquidity crisis.

A number of private commercial banks's have been able to make only modest rate of growth of their operating profits in 2011 over that of the previous calendar year. But the growth rate of operational profits of some other PCBs in 2011 were lower than that of 2010 causes economic sluggishness. Available figures of the PCBs showed a mixed trend about their operating profits in the year as follows.

Operating profit, however, does not indicate the real financial picture of a bank. Because, the banks have to make room for provisioning against bad debts and taxes that have to be paid to the government from their operating profits.

The operating profits of banks and non-banking financial institutions are a major source of income tax collections from business entities by the National Board of Revenue (NBR). As such, the aggregate position of operating profits of PCBs will impact, favourably or otherwise, of NBR's direct tax collections, depending upon the level of such profits.

The media representative could collect figures of operating profits of 17 banks, out of a total of 30, until its going to the press at 10 pm Saturday.

"Higher deposit rates have pushed up our cost of fund in 2011," a senior official of a leading PCB told the media while explaining the declining trend about rate of growth of their operating profits last year.

The weighted average spread between lending and deposit rates offered by the commercial banks came down to 4.26 per cent in September from 4.28 per cent in the previous month, according to the central bank statistics.The weighted average spread was 5.05 per cent in January in 2011.The weighted average lending rate stood at 13.71 per cent in September while that of deposit rate was 9.45 per cent.The private banker also said a section of PCBs faced 'revaluation loss' because of a marked decline in the prices of listed stocks for the last couple of months.

1. Among those banks, the Islami Bank Bangladesh Ltd. (IBBL) was the top operating-profit earner - Tk 14.70 billion in 2011 against Tk 11.43 billion earned in the previous year.

2. National Bank Ltd. (NBL) was placed at the second position with an estimated earning of Tk 10.42 billion in operating profit, compared to that of Tk 10 billion in 2010.

3. The Prime Bank Ltd. secured the third position earning Tk 8.25 billion as operating profit in 2011 against Tk 6.70 billion earned in the previous year.

4. Among the top-performers, Southeast Bank Ltd., made operating profits worth Tk 6.10 billion in 2011 against Tk 6.80 billion in 2010.

5. The operating profits of EXIM Bank Ltd. came down to Tk 4.05 billion in 2011 from Tk 6.07 billion a year ago.

6. National Credit and Commerce Bank Ltd (NCCBL) made Tk 4.22 billion operating profit in 2011 compared to Tk 4.10 billion in 2010.

7. The operating profit of Mercantile Bank stood at Tk 3.90 billion in 2011.

8. The operating profit of Pubali Bank Ltd., which has the largest number of branches among the PCBs, rose to Tk 5.97 billion in the just concluded year from Tk 5.90 billion in 2010.

9. The operating profit of Eastern Bank Ltd. rose to Tk 5.00 billion last year from Tk 4.50 billion in 2010.

10. First Security Bank Ltd. earned operating profit worth Tk 1.63 billion in 2011 compared to Tk 1.20 billion in 2010.

11. The operating profit of Dutch Bangla Bank Ltd increased to Tk 5.14 billion in 2011 from Tk 4.50 billion in 2010.

12. Al-Arafah Islami Bank made operating profit worth Tk 4.50 billion in 2011 against Tk 2.90 billion of the previous year.

13. Social Islami Bank Ltd (SIBL) earned Tk 3.06 billion in 2011 compared to Tk 1.63 billion in 2010.

14. The operating profit of Shahjalal Islami Bank Ltd. declined to Tk 3.15 billion in last year from Tk 3.90 billion in 2010.

15. The operating profit of the Standard Bank Ltd came down to Tk 3.0 billion in 2011 from Tk 3.11 billion 2010.

16. Premier Bank earned operating profit worth Tk 2.38 billion in 2011 compared to Tk 2.85 billion in 2010.

17. The operating profit of Jamuna Bank rose to Tk 3.07 billion in 2011 from Tk 2.02 billion in 2010.

Index Graph of 29-12-2011

2011-12-30T02:07:00.000+06:00

Index Graph of 29-12-2011

The bull and bear fight end at last with bulls gain. Turnover is increasing and the sector wise movement is sounds good. People are hopeful for the upcoming new year. New year New hope.

Wish every one all the best!! 2012!!! :)

Stocks fall marginally on profit taking sell-offs

2011-12-30T01:53:00.001+06:00

Stocks fall marginally on profit taking sell-offs:

Dhaka stocks fell marginally on Wednesday amid volatility as investors went on profit taking sell-offs

banking on the uptrend prevailing in the market. DGEN, the benchmark general index of the Dhaka Stock

Exchange, lost 0.36 per cent, or 19.04 points, to close the day at 5,220.65 points. On Tuesday the index

gained 84.56 points. The bourse’s turnover rose significantly to Tk 526.15 crore on Wednesday form that

of Tk 423.14 crore in the previous day.

Sectoral P/E Ratio

2011-12-30T01:52:00.001+06:00

Sectoral P/E Ratio
Sector 21-Dec 22-Dec 26-Dec 27-Dec 28-Dec
Bank 13.15 13.15 12.92 13.01 13.06
Cement 9.39 9.60 9.52 10.03 10.16
Ceramic 24.96 25.42 24.99 25.82 25.35
Chemicals 18.25 18.58 17.94 18.78 18.27
Engineering 26.07 26.80 26.47 28.22 28.22
Food 27.08 27.30 26.32 27.26 27.70
Fuel 18.18 18.35 18.29 18.72 18.33
General Insurance 24.08 24.93 24.36 25.30 24.99
Information Technology 38.28 38.54 37.85 38.49 37.84
Investment 4.87 4.80 4.80 4.85 4.82
Leasing 21.40 22.25 21.61 22.25 22.03
Misc 9.47 9.69 9.52 8.45 8.56
Pharmaceuticals 23.19 23.69 23.34 24.05 24.03
Power 19.04 19.34 18.89 19.01 18.76
Service 27.98 28.66 27.92 28.82 28.09
Tannery 14.34 14.37 14.08 14.43 14.43
Telecommunication 13.22 13.30 13.14 13.28 13.24
Textile 26.78 28.09 27.74 28.18 27.76
Travel & Leisure 16.15 16.42 16.15 16.35 16.15
Market 17.20 17.55 17.23 17.65 17.55