Beximco Group

Beximco Group Industrial Park

Dhaka, Bangladesh (BBN)– Bangladesh Export Import Company (Beximco) continued to dominate the week’s turnover chart on the Dhaka Stock Exchange (DSE) last week that ended on Thursday.

Market operators said the investors continued their buying spree on Beximco shares amid positive expectation in days ahead.

According to statistics available with the DSE, about 76.24 million shares of Beximco were traded, generating a turnover of BDT 2.34 billion. It was 9.12 percent of the premier bourse’s total transaction.

The total turnover for week stood at BDT 25.75 billion last week on the DSE.

The Beximco’s share closed at BDT 32 each, registering an increase of 4.58 percent over the week before.

The company’s earnings per share stood at BDT 0.35 for October-December, 2017 as against BDT 0.21 for October-December, 2016.

In six months, earnings per share were BDT 0.68 for July-December, 2017 as against BDT 0.53 for July-December, 2016.

Beximco, which was listed on the Dhaka bourse in 1989, disbursed 5.0 percent cash and 5.0 percent stock dividned for the year ended on June 30, 2017.

The company’s paid-up capital is BDT 8.34 billion and authorised capital is BDT 10 billion, while the total number of securities is 834.58 million.

The sponsor-directors own 20.15 percent stake in the company while the institutional investors own 11.40 percent, foreign investors 8.96 percent and the general public 59.49 percent as on February 28, 2017, the DSE data shows.

Apart from Beximco, the most other active shares in terms of value included Al-Arafah Islami Bank with shares of BDT 925 million changing hands, followed by BRAC Bank BDT 835 million, LafargeHolcim Bangladesh BDT 693 million, United Power BDT 520 million and Advent Pharma BDT 461 million.

Usmaia Glass was also included in the top ten turnover chart with shares worth BDT 399 million changing hands, followed by Monno Ceramic Industries BDT 395 million and Square Pharma BDT 386 million.

BBN/SSR/SR