Investors are getting the wrong message as a large number of good companies have been ousted from the Dhaka Stock Exchange (DSE)’s flagship index – DSEX – leaving manipulative stocks to dominate.
In the DSE, leading companies like ACI, RAK Ceramics, Titus, Crown Cement, Walton, IDLC and IPDC, known for their strong fundamentals, have been sidelined from the DSEX index.
In contrast, some companies with questionable performance, including Imam Button, Jute Spinners, Khan Brothers PP Woven Bags and Northern Jute, are now dominating the index.