DSE Market Update May 11, 2026: DBH Declares 15% Dividend as Saiham Textile Announces Major BMRE Suspension
Published: May 11, 2026 | Source: Dhaka Stock Exchange (DSE)
Date: May 11, 2026 | Source: Dhaka Stock Exchange
The Dhaka Stock Exchange (DSE) maintained a steady momentum on May 11, 2026, with daily turnover reaching Tk. 7,149.757 million. Amidst the trading activity, the regulatory bodies, including the BSEC and DSE, issued stern warnings against market rumors and non-compliance, urging investors to rely on fundamental analysis rather than speculative information.
Dividend Declarations and Financial Highlights
DBH Finance PLC (DBH) emerged as a key highlight of the day, declaring a 15% cash dividend for the fiscal year 2025. The company also reported a Q1 2026 EPS of Tk. 0.97. In the insurance sector, BNICL reported a robust performance with Q1 EPS rising to BDT 1.61, while AGRANINS saw a dip in its quarterly earnings, reporting an EPS of BDT 0.17 compared to BDT 0.33 in the previous year.
Major Corporate Developments and Operational Shifts
Investors should take note of a significant operational update from Saiham Textile Mills Ltd., which has announced the suspension of its Spinning Unit production for approximately 18 months starting June 01, 2026. This move is intended to facilitate a major BMRE (Balancing, Modernization, Rehabilitation, and Expansion) and machinery replacement. On the expansion front, Renwick Jajneswar & Co (Bd) Ltd has successfully increased its authorized capital to BDT 50 crore.
In a show of confidence, RAK Ceramics (Bangladesh) Limited‘s Managing Director and Sponsor Shareholder, SAK Ekramuzzaman, has expressed intent to purchase 300,000 shares of the company through his proprietorship, Mohammed Trading.
Upcoming Board Meetings to Watch
Several major companies have scheduled board meetings to review financial performance:
- NORTHRNINS: May 12, 2026 (FY2025 Audited & Q1 2026 results).
- MERCINS, BATASHOE, & PREMIERBAN: May 14, 2026 (Q1 2026 results).
- DGIC: May 20, 2026 (FY2025 Audited & Q1 2026 results).
Regulatory Actions and Trading Notices
The DSE has officially cancelled the Trading Right Entitlement Certificate (TREC) of Sonali Securities Limited due to regulatory violations. Affected investors are advised to settle their claims by May 21, 2026. Additionally, PRAGATIINS will see its trading suspended on May 12, 2026, for its Record Date.
Adjustments and Deviations
Investors are also alerted to the revised Record Date for MARICO, now set for June 1, 2026, due to the Eid-ul-Adha holidays. Meanwhile, companies like DAFODILCOM, APEXTANRY, and IPDC have reported deviations in their financial metrics, primarily citing reduced sales volumes and increased finance expenses as reasons for lower EPS and cash flow figures.
As the market navigates through these corporate disclosures, Knowledge College BD advises investors to stay informed through official channels and maintain a long-term perspective on their portfolios.
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)
