The Dhaka Stock Exchange (DSE) has undertaken a comprehensive rebalancing of its DSEX index, removing 15 banks and 68 other companies for non-compliance with the bourse’s requirements. The move is effective on January 21 and includes the induction of 16 new companies, bringing the total DSEX membership to 250. The decision stems from companies’ failure to meet stock trading or turnover criteria, attributed in part to the floor price mechanism.
According to DSE’s methodology, companies must maintain a free-float market capitalization of Tk10 crore to be a DSEX member, which can drop to Tk7 crore for existing members fulfilling other criteria. This rebalancing aims to ensure adherence to market standards and maintain the integrity of the index.