CSE blue-chip, Shariah index reviewed

The blue-chip index and Shariah index of the Chittagong Stock Exchange (CSE) were revised on Tuesday.
The CSE 30 Index has been revised on the basis of the performance of the companies listed on the bourse. The new index will be effective from March 21.
The new companies to be included in the CSE-30 Index are Aamra Networks Limited, BRAC Bank PLC., Eastern Bank PLC., Far East Knitting & Dyeing Industries Ltd., Green Delta Insurance Company Ltd., IDLC Finance PLC., Navana Cng Limited, Popular Life Insurance Co.Ltd., Prime Bank PLC. and Summit Power Limited.
On the other hand, Apex Foods Limited, Asia Insurance Limited, Bangladesh National Insurance Company Limited., BEXIMCO Limited, British American Tobacco Bd Co. Ltd., Global Islami Bank PLC, GPH Ispat Ltd., Islami Bank Bangladesh PLC., National Housing Finance PLC. and Union Bank PLC., will be removed.
The CSE 30 Index is reviewed twice a year.
The CSE Shariah Index (CSI) has been reviewed too.
The only company that has been included is Trust Islami Life Insurance Ltd.
On the other hand, six companies -- Chartered Life Insurance Company Limited, Familytex (Bd) Limited, Intech Limited, Libra Infusions Limited, Miracle Industries Limited, and S.S. Steel Limited will be excluded.
In the revised CSE Shariah Index, 125 companies out of 381 listed companies have been selected.
CSE Shariah index (CSI) is also reviewed twice a year.

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