Analyst:
Khandakar Safwan Saad
safwan@bracepl.
com
DSE launches Two New Indices
Dhaka Stock Exchange (DSE) recently launched two new indices, by the name of DSE Broad Index (DSEX) and DSE
30 Index (DS30), both based on Free Float (FF) Market Capitalization...
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Analyst:
Khandakar Safwan Saad
safwan@bracepl.
com
DSE launches Two New Indices
Dhaka Stock Exchange (DSE) recently launched two new indices, by the name of DSE Broad Index (DSEX) and DSE
30 Index (DS30), both based on Free Float (FF) Market Capitalization (MCAP) of the listed securities.
DSE worked with
a team of Standard & Poor’s (S&P) in order to formulate the two new indices using S&P methodology.
The indices were
launched on January 28, 2013.
Prior to that DSE has been maintaining three indices – All Share Price Index (DSI),
DSE General Index (DGEN) and DSE-20 Index (DS20).
DSEX is going to replace DGEN as the broad index of the
Exchange – the benchmark index, while DS30 is going to replace DS20; there will be no substitute for DSI.
DSE Broad Index
The new benchmark index is based on free float MCAP and liquidity rather than share categories which were used to
formulate the previous benchmark index – DGEN.
Eligible stocks for DSEX must have a minimum float adjusted MCAP
of B
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