Dhaka, Bangladesh (BBN) – LankaBangla Finance dominated the premier bourse’s turnover chart last week that ended on Thursday as investors remained active on its share following year-end corporate declaration.
LankaBangla has recommended 15 per cent cash and 15 percent stock dividend for the year ended on December 31, 2016.
LankaBangla also witnessed earnings growth of 50.3 percent year-on-year basis while the consolidated earnings per share (EPS) stood at BDT 2.87 for the year ended on December 31, 2016 against BDT 1.53 in the previous year.
According to the statistics available with the DSE, about 49.56 million shares of LankaBangla were traded, generating a turnover of BDT 2.62 billion last week. It was 4.89 percent of the week’s total turnover value.
The daily average turnover for the company was BDT 524 million.
The non-bank financial institution’s share price closed at BDT 57 on Thursday, the last trading session of the week, soaring 9.93 per cent over the previous week.
LankaBangla Finance, which was listed on the Dhaka bourse in 2006, also disbursed 15 per cent cash and 15 percent stocks dividend for the year ended on December 31, 2015.
The company’s paid-up capital is BDT 2.67 billion and authorised capital is BDT 3.0 billion, while the total number of securities is 276.74 million.
The total market capitalisation stood at BDT 14.69 billion as on Thursday.
The sponsor-directors own 34.83 percent stake in LankaBangla, while institutional investors own 31.81 percent, foreign investors 3.76 per cent and the general public 29.60 per cent as on January 31, 2017, the DSE data shows.
LankaBangla was, closely followed Baraka Power with about 37.32 million shares of BDT 1.76 billion changing hands, followed by Appollo Ispat Complex BDT 1.46 billion, IDLC Finance BDT 1.41 billion, Central Pharmaceuticals BDT 1.18 billion and Beximco Pharmaceuticals BDT 1.16 billion.
ACI Formulations was also included in the top ten turnover chart with 5.0 million shares of BDT 1.08 billion, followed by Ratanpur Steel Re-rolling Mills BDT 1.04 billion, Doreen Power Generations and Systems BDT 1.03 billion and Beximco BDT 993 million.