Dhaka, Bangladesh (BBN)– Monno Ceramic Industries dominated the week’s turnover chart for the second straight week on the Dhaka bourse that ended on Thursday while ten top-traded companies accounted for nearly 24 percent transactions.

Brokers said the investors booked quick-profit on Monno Ceramic shares taking the advantage of recent price surge which helped the company to become turnover leader.

According to statistics available with the DSE, about 4.68 million shares of Monno Ceramic were traded, generating a turnover of BDT 650 million during the week, which was 4.71 percent of the week’s total transactions.

The total turnover on the DSE stood at BDT 13.80 billion as against BDT 18.60 billion in the week before.
The average daily turnover for the Monno Ceramic was BDT 130 million.

The company’s share price closed at BDT 137.50 each on Thursday, the last session of the week, losing 9.30 percent over the previous week.

In the last one year, the company’s share price hovered between BDT 36 and BDT 154.10.

The company’s earnings per share (EPS) in the October-December quarter (Q2) 2017 stood at BDT 1.50 as against BDT 0.05 for the same period a year ago.

In six months for July-December, 2017, the company’s EPS was BDT 1.69 which was BDT 0.10 for the July-December period of 2016.

Monno Csramic, which was listed on the Dhaka bourse in 1994, disbursed 5.0 percent cash and 5.0 percent stock dividend for shareholders for the year ended on June 30, 2017.

Apart from Monno Ceramic, the most other active shares in terms of value included newly listed Queen South Textile Mills with shares worth BDT 366 million changing hands. The newly listed company’s share closed at BDT 34, soaring 240 percent from its issue price of BDT 10 each.

The Queen South Textile, which raised a capital worth BDT 150 million by floating 15 million ordinary shares, made its share trading debut on March 13 on the both bourses under “N” category.

IFAD Autos followed next with shares worth BDT 355 million changing hands, closely followed by Brac Bank BDT 333 million, Mercantile Bank BDT 292 million, Grameenphone BDT 289 million, Square Pharmaceuticals BDT 286 million, LankaBangla Finance BDT 273 million, CVO Petrochemicals BDT 210 million and Nahee Aluminium BDT 189 million.

BBN/SSR/SR