Beximco leads DSE week’s turnover chart

Last updated: February 2, 2017

Dhaka, Bangladesh (BBN) - Beximco, the flagship company of the industrial conglomerate Beximco Group, dominated the week’s transaction chart on the Dhaka Stock Exchange (DSE) this week that ended on Thursday.
According to the statistics available with the DSE, about 56.77 million shares of Beximco were traded, generating a turnover of BDT 1.86 billion last week.
It was 3.89 percent of the premier bourse’s total turnover value.
The daily average turnover for the company was BDT 372 million.
The company’s share price closed at BDT 31.80 on Thursday, the last trading session of the week, slumping by 7.29 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, which was listed on the Dhaka bourse in 1989, disbursed 15 percent 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 sponsor-directors own 20.15 percent stake in Beximco, while institutional investors own 13.97 percent, foreign investors 9.69 percent and the general public 56.19 percent as on December 29, 2016, the DSE data shows.
Beximco was, closely followed by Islami Bank with 39.08 million shares worth BDT 1.73 billion changing hands, followed by Ratanpur Steel Re-rolling Mills BDT 1.38 billion, LankaBangla Finance BDT 1.24 billion, Baraka Power BDT 1.07 billion and Saif Powertec BDT 1.06 billion.
ACI was also included in the top ten turnover list with 1.85 million shares worth BDT 895 million changing hands, followed by IFAD Autos BDT 886 million, SIBL BDT 817 million and National Bank BDT 771 million.
BBN/SS/ANS

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