Dhaka, Bangladesh (BBN) - MJL Bangladesh dominated the week’s transaction chart of the Dhaka bourse that ended on Thursday as investors were active on its shares almost throughout the week.
According to statistics available with the Dhaka Stock Exchange (DSE), about 8.13 million shares of MJL were traded, generating a turnover of over BDT 957 million last week. It was 3.54 percent of the week’s total turnover.
The daily average turnover for the company was BDT 131.4 million.
The joint venture company’s share price closed at BDT 118.20, advancing 2.43 percent over the previous week.
The fuel and power sector company, which was listed on the Dhaka bourse in 2011, has recommended 30 percent cash and 10 pe cent stock dividend for the year ended on December 31, 2015.
The company has disclosed its financial report for the January-March, 2016 period. As per the financial report (un-audited), EPS was BDT 1.51 for January-March, 2016 as against BDT 0.71 for January-March, 2015.
The sponsor-directors own 71.53 percent stake in the MJL BD, while the institutional investors own 12.91 percent, foreign 1.98 percent and the general public own 13.58 percent as on August 31, 2016, the DSE data showed.
The company's paid-up capital is BDT 2,742.44 million and authorised capital is BDT 10,000 million, while the total number of securities is 274,244,180. The total market cap of the company stood at BDT 32,470.51 million as of Thursday.
MJL BD was followed by Singer Bangladesh with shares worth BDT 712 million changing hands, followed by Bangladesh Shipping Corporation BDT 625 million, BSRM Steels BDT 581 million, Square Pharmaceuticals BDT 540 million, Jamuna Oil Company BDT 514 million.
Lafarge Surma Cement was also included in the top ten turnover chart with shares worth BDT 436 million changing hands, followed by LankaBangla Securities BDT 402 million, Yeakin Polymer BDT 397 million and Bangladesh Steel Re-rolling Mills BDT 346 million.
BBN/SSR/AD