Bangladesh Corporate Blog: Uttara Bank

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Sunday, March 22, 2009

BD Companies on Dow Jones SAFE 100 Index

The Dow Jones SAFE 100 Index measures the performance of 100 blue-chip companies in five of the eight member states of the South Asian Federation of Exchanges (SAFE). The five member states included in the index are: India, Bangladesh, Mauritius, Pakistan and Sri Lanka.

The 17 companies that are being added to the Dow Jones SAFE 100 Index are: Uttara Bank Ltd. (Bangladesh, Banks, UTTARABAN.DH), Pubali Bank Ltd. (Bangladesh, Banks, PUBALIBAN.DH), AB Bank Ltd. (Bangladesh, Banks, ABBANK.DH), Hero Honda Motors Ltd. (India, Automobiles & Parts, 500182.BY), National Bank Ltd. (Bangladesh, Banks, NBL.DH), Unilever Pakistan Ltd. (Pakistan, Food & Beverages, ULEVER.KY), Habib Bank Ltd. (Pakistan, Banks, HBL.KA), Tata Power Co. Ltd. (India, Utilities, 500400.BY), Power Grid Co. of Bangladesh Ltd. (Bangladesh, Utilities, POWERGRID.DH), Prime Bank Ltd. (Bangladesh, Banks, PRIMEBANK.DH), Mundra Port & Special Economic Zone Ltd. (India, Industrial Goods & Services, 532921.BY), Nestle India Ltd. (India, Food & Beverages, 500790.BY), Bharat Petroleum Corp. Ltd. (India, Oil & Gas, 500547.BY), Bank of India (India, Banks, 532149.BY), Power Finance Corp. Ltd. (India, Utilities, 532810.BY), NMDC Ltd. (India, Basic Resources, 526371.BY) and Neyveli Lignite Corp. Ltd. (India, Utilities, 513683.BY).

About Dow Jones Indexes

A full-service index provider, Dow Jones Indexes develops, maintains and licenses indexes for use as benchmarks and as the basis of investment products. Best known for the Dow Jones Industrial Average, Dow Jones Indexes also is co-owner of the Dow Jones STOXX indexes, the world's leading pan-European indexes, and together with Wilshire Associates, provides the Dow Jones Wilshire Global Index family, which is anchored by the Dow Jones Wilshire 5000 and covers more than 12,000 securities in 65 markets. Beyond equity indexes, Dow Jones Indexes maintains a number of alternative indexes, including measures of the hedge fund and commodity markets. Dow Jones indexes are maintained according to clear, unbiased and systematic methodologies that are fully integrated within index families. www.djindexes.com

Dow Jones & Company (www.dowjones.com) is a News Corporation company (Nasdaq: NWS) (Nasdaq: NWSA) (ASX: NWS) (ASX:NWSLV) (www.newscorp.com). Dow Jones is a leading provider of global business news and information services. Its Consumer Media Group publishes The Wall Street Journal, Barron's, MarketWatch and the Far Eastern Economic Review. Its Enterprise Media Group includes Dow Jones Newswires, Dow Jones Factiva, Dow Jones Client Solutions, Dow Jones Indexes and Dow Jones Financial Information Services. Its Local Media Group operates community-based information franchises. Dow Jones owns 50% of SmartMoney and 33% of STOXX Ltd. and provides news content to radio stations in the U.S.

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What readers say

Ferdous, 20, Student, Canada

First of all i am kind of a regular reader of BCB from the very first day I heard about it in our french class. Bangladesh Corporate Blog was a really new concept at the time of its origin, because there wasn't any blog or newspaper which directly focuses on the corporate world except the daily newspapers which only shows the foreign exchange rates and share info. and claims itself to represent the economical situation of the country. The blog has helped me to learn a lot about the ongoing economic crisis and the role of the corporate giants in our country,their good and bad effects besides it has played the role of a good critic against the financial steps taken by the government, no doubt this blog is good tool to start with for the upcoming entrepreneurs who are thinking to start something in Bangladesh.

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