DSE Market Update: Liquidation Queries for NBFIs and Mixed Q1 Earnings Performance
Published: May 13, 2026 | Source: Dhaka Stock Exchange (DSE)
Date: May 13, 2026 | Source: Dhaka Stock Exchange
On May 13, 2026, the Dhaka Stock Exchange (DSE) witnessed a busy trading session with a total turnover reaching Tk. 8,560.98 million. While the market activity remained robust, the day was marked by significant regulatory interventions and a wave of financial disclosures that painted a mixed picture of the corporate landscape.
Regulatory Vigilance and Liquidation Fears
In a move to protect investor interests, both the DSE and the Bangladesh Securities and Exchange Commission (BSEC) issued stern warnings against market rumors and non-compliance with the broker code of conduct. A major point of concern emerged as the DSE issued formal queries to four Non-Bank Financial Institutions (NBFIs)—Fareast Finance, ILFSL, PLFSL, and FAS Finance—following media reports that Bangladesh Bank has decided to liquidate these companies by July 2026. Additionally, the DSE has cancelled the Trading Right Entitlement Certificate (TREC) of Sonali Securities Limited due to regulatory violations, with a deadline for claims set for May 21, 2026.
Banking Sector: A Tale of Two Realities
The first-quarter (Q1 2026) financial results revealed a sharp contrast in the performance of major banks:
- BRAC Bank: Reported a stellar 43.56% year-on-year growth in EPS, reaching BDT 2.90, driven by strong investment and interest income.
- NRBC Bank: Showed significant growth with an EPS of Tk. 0.130, benefiting from higher investment income and reduced provisions.
- Islami Bank: Reported a consolidated loss per share of Tk. (1.79) for Q1 2026, a concerning figure for its shareholders.
- Mercantile Bank: Experienced a sharp decline in consolidated EPS to Tk. 0.29 (from Tk. 0.84), with a significant deterioration in its net operating cash flow.
- Bank Asia: Reported a decline in EPS to BDT 0.98 due to rising interest expenses and lower commission income.
Dividend Declarations and Corporate Moves
Several insurance companies announced their annual dividends today, leading to the withdrawal of price limits for their shares:
- National Life Insurance: Recommended a 37% Cash Dividend.
- Purabi General Insurance: Recommended a 10% Cash Dividend.
- Northern Insurance: Announced a Stock Dividend.
In leadership news, Malek Spinning Mills Ltd. has elected Dr. Shamim Matin Chowdhury as the new Chairman of the Board. Meanwhile, AB Bank is seeking to expand its horizons by amending its Memorandum of Association to act as a custodian for mutual funds and securities.
Bond Market and Trading Suspensions
Investors should note several upcoming record dates and trading shifts. Mercantile Bank Perpetual Bond declared a 10% coupon rate, while various Bangladesh Government Treasury Bonds (BGTB) have record dates set for May 21, 2026. Trading for Dhaka Bank and MTBPBOND will move to the Spot Market starting May 14, 2026, ahead of their respective record dates.
Investor Note
As the market navigates through these liquidations queries and varying earnings reports, the BSEC emphasizes the importance of making informed decisions based on market fundamentals rather than speculative rumors. Investors are advised to keep a close eye on the upcoming board meetings of SKTRIMS (May 24) and NTC (May 20) for further market insights.
Disclaimer: Information for educational purposes only.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Source: Dhaka Stock Exchange (DSE)
