MJL BD dominates week’s top turnover chart for second week

Last updated: September 19, 2014

Dhaka, Bangladesh (BBN)- MJL Bangladesh Limited dominated the week’s top turnover chart last week for the second week straight on the Dhaka Stock Exchange (DSE) that ended on Thursday.
A total of 19.99 million share worth BDT 2.70 billion changing hands last week. Daily average turnover for the company was BDT 540.65 million.
The week’s closing price of MJL BD share was BDT 144.2, registering an increase of 17.43 per cent over the previous week. A market lot is 100 shares.
Of the total shares – 58.36 percent held by sponsor-directors, 19.45 percent by government, 12.91 percent held by institutional investors, foreign investors held 0.16 percent while 9.12 percent share held by public, according to DSE website.
The company listed in the Dhaka bourse – DSE in 2011. The company is belonging to the fuel and power sector under the category of ‘A’.
As per un-audited half yearly accounts ended on June 30, 2014, the company has reported consolidated net profit (excluding non-controlling interests) of BDT 600.16 million with consolidated EPS of BDT 2.52.
MJL Bangladesh Limited (formerly Mobil Jamuna Lubricants Limited) is the joint venture company between state owned Jamuna Oil Company and EC Securities Limited (subsidiary of the East Coast Group), according to its website.
It was followed by BSRM Steels worth BDT 2.23 billion, Beximco Pharma BDT 1.89 billion, Beximco BDT 1.69 billion, GP BDT 1.55 billion, Lafarge Surma BDT 1.54 billion, Delta Life Insurance BDT 1.11 billion, ACI BDT 1.09 billion, IDLC Finance BDT 897.49 million and ACI Formulations worth BDT 847.58 million changing hands last week.

BBN/SSR/AD-19Sept14-8:07 pm (BST)

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