Dhaka, Bangladesh (BBN)- Bangladesh Building Systems (BBS) dominated the transaction chart of the Dhaka Stock Exchange (DSE) for the three consecutive weeks that ended on Thursday.
According to statistics available with the DSE, some 23.29 million shares of BBS were traded, generating a turnover of BDT 1.23 billion. It was 2.85 percent of the premier bourse’s total turnover value.
The daily average turnover for the company was BDT 307 million as the week saw four trading sessions instead of five.
Trading and official activities remained closed on Sunday (December 25) due to government holiday on the occasion of Christmas Day.
Each share of the pre-engineered steel buildings structure manufacturer closed at BDT 51.80 on Thursday, the last trading session of the week, losing 6.33 percent over the week before.
Recently, the company has disclosed Q1 financial report. As per Q1 financial report, the company’s earnings per share (EPS) stood BDT 0.85 for July-September, 2016 as against BDT 0.54 for July-September, 2015.
The board of directors of the company has also decided to withdraw the rights issue application from securities regulator due to favorable financing proposal from other source to meet up the cost of business expansion of the company.
The company has recommended 5.0 percent cash dividend (excluding sponsors) and 10 percent stock dividend for the year ended on June 30, 2016.
The company’s paid-up capital is BDT 1,059.84 million and authorised capital is BDT 1,500 million while the total number of securities is 105,984,000.
The sponsor-directors own 31.95 percent stake in the BBS, while institutional investors own 30.70 percent, foreigners 0.13 percent and the general public 37.22 percent as on October 31, 2016, the DSE data shows.
BBS was, closely followed by Beximco with about 38.32 million shares worth BDT 1.0 billion changing hands, followed by Appollo Ispat Complex BDT 984 million, Keya Cosmetics BDT 904 million, Olympic Accessories BDT 857 million and Central Pharmaceuticals BDT 808 million.
IFAD Autos Limited was also included in the top ten turnover list with shares of BDT 789 million changing hands, followed by Unique Hotel and Resorts BDT 765 million, LankaBangla Finance BDT 747 million and Square Pharmaceuticals BDT 745 million.
BBN/SSR/AD