Linde, Kohinoor, Unique Hotel dropped from DS30

Star Business Report

The Dhaka Stock Exchange (DSE) has removed Linde Bangladesh, Kohinoor Chemicals, and Unique Hotel & Resorts from its blue-chip index, DS30, as part of the index’s semi-annual rebalancing for July 2026.

In a press statement yesterday, the premier bourse said its Index Committee completed the rebalancing in line with the index methodology, with three companies added and three dropped, effective from July 19. Bangladesh Steel Re-Rolling Mills, The ACME Laboratories, and Power Grid Company of Bangladesh have entered the index in their place.

The DS30 serves as the DSE’s investable benchmark, tracking the performance of 30 of the most liquid and fundamentally strong blue-chip companies on the exchange. Designed in partnership with S&P Dow Jones Indices, the index is rebalanced twice a year, typically in January and July.

To qualify for inclusion, a company must have a float-adjusted market capitalisation above Tk 50 crore and a minimum three-month average daily traded value of Tk 50 lakh, ensuring the index remains liquid and investable for large institutional and foreign fund managers.

Companies must also be fundamentally profitable, with positive net income over the latest 12-month period as of the rebalancing date.

Mutual funds, debentures, and corporate or government bonds are entirely excluded from the index, regardless of size.