Dhaka, Bangladesh (BBN) – LankaBangla Finance dominated the transaction chart of the Dhaka Stock Exchange (DSE) for the second week in a row that ended on Thursday as investors grabbed its share amid optimism.
Turnover, the crucial indicator of the market, stood at nearly BDT 42.31 billion on the DSE, which was 6.91 percent lower than the week before. The last week saw four trading sessions instead of previous week’s five.
LankaBangla, National Bank, Fortune Shoes, IFIC Bank, Premier Bank, City Bank, Exim Bank, BBS Cables, C&A Textile and Square Pharmaceuticals were the most-active shares in terms of value on the DSE.
According to the statistics available with the DSE, about 27.41 million shares of LankaBangla were traded, generating a turnover of nearly BDT 1.70 billion during the week. It was 4.10 percent of the week’s total turnover.
The daily average turnover of the company was BDT 425 million.
The non-bank financial institution’s share price closed at BDT 61.80 on Thursday, the last trading day of the week, advancing 1.81 percent over the previous week.
The company’s consolidated earnings per share (EPS) stood at BDT 1.06 for April-June, 2017 as against BDT 0.60 for April-June, 2016.
In six months, consolidated EPS was BDT 2.00 for January-June, 2017 as against BDT 0.89 for January-June, 2016.
Consolidated net operating cash flow per share (NOCFPS) was BDT 1.67 for January-June, 2017 as against BDT (3.93) for January-June, 2016. Consolidated net asset value (NAV) per share was BDT 21.71 as of June 30, 2017 and BDT 21.01 as of December 31, 2016.
LankaBangla Finance, which was listed on the Dhaka bourse in 2006, paid 15 percent cash and 15 percent stocks dividend for the year ended on December 31, 2016.
The company also disbursed 15 percent cash and 15 percent stock dividend in 2015.
The company’s paid-up capital is BDT 3.18 billion and authorised capital is BDT 10 billion, while the total number of securities is 318.25 million.
Sponsor-directors own 34.63 per cent stake in LankaBangla, while institutional investors own 28.13 percent, foreign investors 4.30 percent and the general public 32.94 percent as on July 31, 2017, the DSE data shows.
LankaBangla was, closely followed National Bank, with shares of BDT 1.18 billion changing hands, followed by Fortune Shoes BDT 1.13 billion, IFIC Bank BDT 945 million, Premier Bank BDT 880 million, City Bank BDT 784 million.
Exim Bank was also included in the top turnover chart with shares of BDT 772 million changing hands, followed by BBS Cables BDT 696 million, C&A Textile BDT 694 million and Square Pharmaceuticals BDT 652 million.