MJL BD dominates DSE top turnover chart for 2nd week

Last updated: August 22, 2014

 

Dhaka, Bangladesh (BBN)-MJL Bangladesh Limited dominated the week’s top turnover chart for the second week straight on the Dhaka Stock Exchange (DSE) that ended on Thursday.

A total of 14.64 million share worth BDT 1.62 billion changing hands last week.

Daily average turnover for the company was BDT 293.58 million.

The week’s closing price of MJL BD share was BDT 117.10, registering an increase of 12.16 percent over the previous week. A market lot is 100 shares.

Of the total shares – 58.36 percent held by sponsor-directors, 19.45 percent by government, 12.91 percent held by institutional investors, foreign investors held 0.16 percent while 9.12 percent share held by public, according to DSE website.

The company listed in the Dhaka bourse - DSE - in 2011. The company is belonging to the fuel and power sector under the category of ‘A’.

As per un-audited half-yearly accounts ended on June 30, 2014, the company has reported consolidated net profit after tax (excluding non-controlling interests) of BDT 600.16 million with consolidated EPS of BDT 2.52.

MJL Bangladesh Limited (formerly Mobil Jamuna Lubricants Limited) is the joint venture company between state owned Jamuna Oil Company and EC Securities Limited (subsidiary of the East Coast Group), according to its website.

It was followed by Beximco Limited BDT 1.49 billion, Khulna Printing & Paper BDT 1.36 billion, Lafarge Surma Cement BDT 1.20 billion, GP 1.18 billion, BSRM Steels 1.09 billion, Square Pharma 872.77 million, ACI Limited 815.75 million, Appollo Ispat BDT 741.84 million and Bangladesh Shipping Corporation (BSC) BDT 679.62 million changing hands during the week.

BBN/BB/AS-22Aug14-11:10am (BST)

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