DSE Daily Brief: Walton’s Merger Strategy and City Bank Dividend Lead Market Headlines
Published: April 12, 2026 | Source: Dhaka Stock Exchange (DSE)
Date: April 12, 2026 | Source: Dhaka Stock Exchange
On April 12, 2026, the Dhaka Stock Exchange (DSE) witnessed significant corporate developments alongside a steady trading volume. The daily turnover stood at Tk. 8,371.04 million, as regulators intensified their stance against market manipulation and unauthorized rumors.
Major Corporate Actions: Walton Merger and City Bank Dividend
Walton Hi-Tech Industries PLC has announced a strategic move to merge with Walton Digi-Tech Industries Ltd. An Extraordinary General Meeting (EGM) is scheduled for May 21, 2026, to seek shareholder approval, with the record date set for May 04, 2026. Meanwhile, City Bank shares traded without a price limit today following its latest corporate dividend declaration, drawing significant investor attention.
Regulatory Vigilance and Inspection Reports
Investor protection remained a priority as both the DSE and BSEC issued warnings advising the public to avoid rumors and rely on authorized information. Several companies faced scrutiny regarding their operational status and price movements:
- Dominage Steel Building Systems: A DSE inspection confirmed that while the Ashulia unit is operational, the Polash, Narsingdi unit remains closed, signaling a partial suspension of operations.
- Pacific Denims Limited (PDL): The DSE inspection team reported that the factory premises were found closed during a recent visit.
- ACME Pesticides Limited: The company has notably failed to respond to DSE queries regarding an unusual hike in its share price and volume.
- Bangladesh Autocars Ltd (BDAUTOCA): In contrast, BDAUTOCA clarified that there is no undisclosed price-sensitive information behind its recent price volatility.
Earnings and Financial Updates
National Tubes Ltd (NTLTUBES) reported a challenging third quarter, with its 9-month EPS dropping to Tk. (1.60), reflecting a significant net loss. On the insurance front, Prime Islami Life Insurance disclosed a decrease in its Life Insurance Fund, which stood at Tk. 7,573.50 million at the end of 2023 compared to Tk. 7,713.33 million the previous year.
Bond Market and Upcoming Board Meetings
In the fixed-income segment, Pubali Bank Perpetual Bond successfully transferred semi-annual coupon payments to its holders. Investors should also note that trading for the 05Y BGTB 16/04/2030 government bond will be suspended on April 13 and April 15 due to the record date.
Looking ahead, several companies have scheduled board meetings to consider audited financial statements:
- Central Insurance Company: April 16, 2026
- Asia Insurance Limited: April 22, 2026
Brokerage News
In administrative updates, both Padma Bank Securities Limited and DSFM Securities Ltd. have officially withdrawn their authorized representatives, Mr. Malik Ahamed Zubayar and Mr. Mohammad Moshfiqur Rahman, respectively.
Disclaimer: This report is for informational purposes only and does not constitute financial advice. Investors are encouraged to conduct their own due diligence.
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)
