CSE revises Shariah Index--

FE REPORT

The Chittagong Stock Exchange (CSE) has revised its Shariah Index on the basis of half-yearly performance of the listed companies.

According to the revision, 13 new companies have been added to the index while eight companies dropped from it. The new index will be effective from July 4, the CSE said in a statement on Thursday.

The CSE Shariah Index is revised twice a year.

The companies that made it to the index are Advanced Chemical Industries (ACI), Associated Oxygen, Bangas, Beacon Pharmaceuticals, Dominage Steel Building System, eGeneration, Genex Infosys, Golden Harvest Agro Industries, Lub-rref (Bangladesh), Mithun Knitting & Dyeing, Prime Textile Spinning Mills, Samata Leather Complex and Walton Hi-Tech Industries.

On the other hand, the eight companies dropped from the list are CVO Petrochemical Refinery, Fu-Wang Ceramic Industries, GQ Ball Pen Industries, HR Textile Mills, Intraco Refueling Stations, Queen South Textile Mills, Runner Automobiles and Shepherd Industries.

With the latest revision, the CSE's Shariah Index comprises a total of 134 companies. There are a total of 347 listed securities on the CSE.

[email protected]