BBN file photo

Dhaka, Bangladesh (BBN) – Bangladesh’s Exim Bank dominated the transaction chart of the Dhaka Stock Exchange (DSE) this week that ended Thursday as investors grabbed its share amid optimism.

Turnover, the crucial indicator of the market, stood at nearly BDT 36.70 billion on the DSE, which was 6.58 percent higher than the week before.

This week saw four trading sessions instead of previous week’s five.

The most active shares in terms of value included Exim Bank, Aamra Networks, Islami Bank, Premier Bank, LankaBangla Finance, Uttara Bank, National Bank, Dhaka Bank, Shahjalal Islami Bank and City Bank.

According to the statistics available with the DSE, about 92.56 million shares of Exim Bank were traded, generating a turnover of nearly BDT 1.72 billion during the week. It was 4.67 percent of the week’s total turnover.

The daily average turnover of the bank was BDT 430 million.

The bank’s share price closed at BDT 19 on Thursday, the last trading day of the week, advancing 9.20 percent over the previous week.

The bank, which was listed on the Dhaka bourse in 2004, disbursed 15 percent cash dividend for the year ended on December 31, 2016. In 2015, the bank disbursed 12 percent cash dividend.

The bank’s paid-up capital is BDT 14.12 billion and authorised capital is BDT 20 billion while total number of securities is 1.41 billion.

Sponsor-directors own 42.83 percent stake in the bank, while institutional investors own 20.18 percent, foreign investors 3.58 percent and the general public own 33.41 percent as on August 31, 2017, the DSE data shows.

Exim Bank was, closely followed the newly listed Aamra Networks, with shares of BDT 1.46 billion changing hands, followed by Islami Bank BDT 1.31 billion, Premier Bank BDT 1.28 billion, LankaBangla BDT 1.24 billion and Uttara Bank 1.05 billion.

National Bank was also included in the top turnover chart with shares of BDT 972 million changing hands, followed by Dhaka Bank BDT 887 million, Shahjalal Islami Bank BDT 869 million and City Bank BDT 821 million.

BBN/SS/ANS