LankaBangla Securities retains top position in DSE, CSE in 2007
Thursday, 3 January 2008
FE Report
LankaBangla Securities Ltd emerged as the most active member in both the bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) for the second consecutive year in 2007.
The other top nine brokers in terms of turnover in the past calendar year on the DSE were AB Bank Foundation, ICB Securities Trading Ltd, Prime Finance and Investment (PFI) Securities Ltd, IDLC Securities, Equity Partners Securities Ltd, Multi Securities and Services Ltd, Popular Equities Ltd, CMSL Securities Ltd and NCC Bank Ltd.
DSE sources said Dhaka Bank, Country Stock (Bangladesh) Ltd, SES Company Ltd, SAR Securities Ltd and Moshihor Securities Ltd bagged the 11th, 12th, 13th, 14th and 15th position respectively out of 184 active brokers.
"We have retained the top position in the outgoing year due to strong efforts from our end to attract the investors in the stock trading," chief executive officer (CEO) of the company Md Nasir Uddin Chowdhury told the FE Wednesday.
He said his company will continue its trade expansion programme in and out of Dhaka city to woo new investors in the stock market this year also.
"Five more branches in Dhaka, Narayangonj and Chittagong will be opened in the new year by our company," Chowdhury added.
Out of the five branches, three will be in Dhaka city and one each will be in Narayangonj and Chittagong.
"All the branches will have the online trading facility and our clients will be able to enjoy the internet-based trading services in the New Year," The LankaBangla Securities chief disclosed.
The brokerage house will also launch a market barometer styled LB 50 index so that investors can see the price movement of shares in a more transparent way.
AB Bank Foundation, which began its journey on August 28, 2006, bagged second position. The company bagged the fifth position among the 230 members in the DSE in 2006.
LankaBangla Securities Ltd emerged as the most active member in both the bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) for the second consecutive year in 2007.
The other top nine brokers in terms of turnover in the past calendar year on the DSE were AB Bank Foundation, ICB Securities Trading Ltd, Prime Finance and Investment (PFI) Securities Ltd, IDLC Securities, Equity Partners Securities Ltd, Multi Securities and Services Ltd, Popular Equities Ltd, CMSL Securities Ltd and NCC Bank Ltd.
DSE sources said Dhaka Bank, Country Stock (Bangladesh) Ltd, SES Company Ltd, SAR Securities Ltd and Moshihor Securities Ltd bagged the 11th, 12th, 13th, 14th and 15th position respectively out of 184 active brokers.
"We have retained the top position in the outgoing year due to strong efforts from our end to attract the investors in the stock trading," chief executive officer (CEO) of the company Md Nasir Uddin Chowdhury told the FE Wednesday.
He said his company will continue its trade expansion programme in and out of Dhaka city to woo new investors in the stock market this year also.
"Five more branches in Dhaka, Narayangonj and Chittagong will be opened in the new year by our company," Chowdhury added.
Out of the five branches, three will be in Dhaka city and one each will be in Narayangonj and Chittagong.
"All the branches will have the online trading facility and our clients will be able to enjoy the internet-based trading services in the New Year," The LankaBangla Securities chief disclosed.
The brokerage house will also launch a market barometer styled LB 50 index so that investors can see the price movement of shares in a more transparent way.
AB Bank Foundation, which began its journey on August 28, 2006, bagged second position. The company bagged the fifth position among the 230 members in the DSE in 2006.