Beximco rules DSE turnover chart for second week

Last updated: January 21, 2017

Dhaka, Bangladesh (BBN)-Business and industrial group Beximco dominated the country’s premier bourse’s turnover chart for the two consecutive weeks as investors remained active on its shares amid optimism.
According to the statistics available with the DSE, about 107.88 million shares of Bangladesh Export Import Company (Beximco) were traded, generating a turnover of BDT 3.97 billion.
It was 4.42 per cent of the week’s total turnover value.
The daily average turnover for the company was BDT 794 million.
The company’s share price closed at BDT 36.20 on Thursday, the last trading day of the week, advancing by 5.23 percent over the previous week.
Beximco is the largest company within the Beximco Group and operates across multiple industry verticals.
The company is present in textiles, real estate and hospitality, marine food, commodities trading, ICT, ceramics, and aviation.
The company’s first quarter (Q1) earnings per share (EPS) stood at BDT 0.34 for the July-September period of 2016 as against BDT 0.16 for the same period a year ago.
Beximco disbursed 15 per cent stock dividend for the year ended on December 31, 2015.
The company’s paid-up capital is BDT 10 billion and authorised capital is BDT 6.91 billion, while the total number of securities is 691.17 million.
The total market capitalisation stood at BDT 24.67 billion as on Thursday.
The sponsor-directors own 20.15 per cent stake in Beximco, while institutional investors own 13.97 per cent, foreign investors 9.69 per cent and the general public 56.19 per cent as on December 29, 2016, the DSE data shows.
Beximco was, followed by Baraka Power with 60.09 million shares of BDT 2.66 billion changing hands, followed by LankaBangla Finance BDT 2.10 billion, Bangladesh Building Systems BDT 1.68 billion, IFAD Autos BDT 1.67 billion and Appollo Ispat Complex BDT 1.41 billion.
National Bank was also included in the top ten turnover list with 96.47 million shares worth BDT 1.39 billion changing hands, followed by RAK Ceramics BDT 1.36 billion, Lafarge Surma Cement BDT 1.35 billion and Keya Cosmetics BDT 1.31 billion.
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