A view of Dhaka Stock Exchange in Bangladesh
Dhaka, Bangladesh (BBN)- BATBC dominated the chart for the second straight week while top ten-traded firms grabbed 33 per cent transaction of the prime bourse last week.
Investors were active on British American Tobacco Bangladesh Company (BATBC) shares after the company declared hefty dividend on March 12, market operators said.
The multinational company has recommended 500 per cent cash and 200 per cent dividend for the year ended on December 31, 2018.
The board has also decided to increase its authorised capital to BDT 5.40 billion, from BDT 600 million by amending relevant clauses.
About 204,889 shares of BATBC were traded, generating a turnover of BDT 984 million, which was 5.72 per cent of the prime bourse’s total turnover, according to statistics from the Dhaka Stock Exchange.
The week’s total turnover stood at BDT 17.20 billion last week that ended on Thursday.
The company’s share closed at BDT 4654.10 on Thursday, losing 2.48 per cent over the previous week.
The multinational company has also reported earnings per share (EPS) of BDT 166.87, net asset value (NAV) per share of BDT 492.15 and net operating cash flow per share (NOCFPS) of BDT 150.13 for the year ended on December 31, 2018 as against BDT 130.50, BDT 385.21 and BDT 162.22 respectively for the same period of the previous year.
The BATBC, which was listed on the DSE in 1977, disbursed 600 per cent cash dividend the year ended on December 31, 2017. In 2016, the company also paid 600 per cent cash dividend.
The company’s paid-up capital is BDT 600 million and authorised capital is also BDT 600 million, while the total number of securities is 60 million.
The sponsor-directors own 72.91 per cent stake in company, while government owns 0.64 per cent, institutional investors 9.76 per cent, foreign investors 16.01 per cent and the general public only 0.68 per cent as on February 28, 2019, the DSE data shows.
BRAC Bank followed next, with shares worth BDT 942 million changing hands. The bank’s share closed at BDT 81.70 on Thursday, losing 7.68 per cent over the previous week.
United Power clinched the third spot, with shares worth BDT 748 million changing hands. The power generation company’s share also fell 1.97 per cent to close at BDT 397.40 each on Thursday.
Dutch-Bangla Bank emerged fourth with shares worth BDT 556 million changing hands. The company’s share closed at BDT 205.90, losing 5.59 per cent week-on-week.
Square Pharmaceuticals notched the fifth spot, with shares worth BDT 552 million changing hands. The company’s share closed at BDT 269.90 on Thursday, advancing 0.86 per cent.
The turnover of Monno Ceramic was BDT 488 million. The bank’s share price plunged 10.40 per cent to close at BDT 317.10 on Thursday.
Marico Bangladesh featured a turnover of BDT 412 million. The company’s share closed at BDT 1,655.10 each, soaring 8.42 per cent.
The turnover of Singer Bangladesh was BDT 384 million. The company’s share closed at BDT 268.90 each, losing 4.77 per cent.
Grameenphone (GP) featured a turnover of BDT 317 million. The company’s share closed at BDT397.40, gaining 2.63 per cent over the previous week.
Alif Industries also made its way to the top 10 turnover chart, with shares of BDT 299 million changing hands. The company’s share price closed at BDT 70.60 on Thursday, losing 2.22 per cent over the previous week.
BBN/SSR/AD