Dhaka, Bangladesh (BBN)- LankaBangla Finance dominated the transaction chart of the Dhaka Stock Exchange (DSE) for the third week in a row that ended on Thursday as investors grabbed its share amid optimism.
Turnover, the crucial indicator of the market, stood at nearly BDT 61.64 billion on the DSE, which was 46 percent higher than the week before. The last week saw five trading sessions instead of previous week’s four.
The most active shares in terms of value included LankaBangla Finance, Square Pharmaceuticals, Premier Bank, City Bank, Al-Arafa Islami Bank, GrameenPhone, First Security Islami Bank, National Bank, Lafarge Surma Cement and Mercantile Bank.
According to the statistics available with the DSE, about 44.98 million shares of LankaBangla were traded, generating a turnover of nearly BDT 2.88 billion during the week. It was 4.67 percent of the week’s total turnover.
The daily average turnover of the company was BDT 576 million.
The non-bank financial institution’s share price closed at BDT 63.50 on Thursday, the last trading day of the week, advancing 2.75 percent over the previous week.
The company’s consolidated earnings per share (EPS) stood at BDT 1.06 for April-June, 2017 as against BDT 0.60 for April-June, 2016.
In six months, consolidated EPS was BDT 2.00 for January-June, 2017 as against BDT 0.89 for January-June, 2016.
Consolidated net operating cash flow per share (NOCFPS) was BDT 1.67 for January-June, 2017 as against BDT (3.93) for January-June, 2016. Consolidated net asset value (NAV) per share was BDT 21.71 as of June 30, 2017 and BDT 21.01 as of December 31, 2016.
LankaBangla Finance, which was listed on the Dhaka bourse in 2006, paid 15 percent cash and 15 percent stocks dividend for the year ended on December 31, 2016.
The company also disbursed 15 percent cash and 15 percent stock dividend in 2015.
The company’s paid-up capital is BDT 3.18 billion and authorised capital is BDT 10 billion, while the total number of securities is 318.25 million.
Sponsor-directors own 33.56 per cent stake in LankaBangla, while institutional investors own 31.02 percent, foreign investors 3.58 percent and the general public 31.84 percent as on August 31, 2017, the DSE data shows.
LankaBangla was, closely followed Square Pharmaceuticals, with shares of BDT 1.42 billion changing hands, followed by Premier Bank BDT 1.31 billion, City Bank BDT 1.28 billion, Al-Arafa Islami Bank BDT 1.09 billion and GrameenPhone BDT 1.08 billion.
First Security Islami Bank was also included in the top turnover chart with shares of BDT 1.07 billion changing hands, followed by National Bank BDT 1.05 billion, Lafarge Surma Cement BDT 1.04 billion and Mercantile Bank BDT 924 million.
BBN/SSR/SR