MJL BD dominates week’s turnover chart

Last updated: August 16, 2014

Dhaka, Bangladesh (BBN)- MJL Bangladesh Limited dominated the week’s top turnover chart on the Dhaka Stock Exchange (DSE) last week that ended on Thursday.
A total of 21.52 million share worth BDT 2.20 billion changing hands during the week. Daily average turnover for the company was BDT 440.28 million.
The week’s closing price of MJL BD share was BDT 104.4. 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 major bourse – DSE in 2011. The company is belonging to the fuel and power sector and the category ‘A’.
As per un-audited half yearly accounts ended on June 30, 2014, the company has reported consolidated net profit after tax (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 GP BDT 1.86 billion, Square Pharma BDT 1.76 billion, Active Fine Chemicals BDT 1.15 billion, Lafarge Surma Cement BDT 1.13 billion, Appollo Ispat BDT 986.41 million, Beximco Limited BDT 930.49 million, Hwa Well Textile BDT 784.41 million, ACI Limited BDT 669.98 million and BSCCL worth BDT 622.54 million changing hands during the last week.

BBN/SSR/AD-16Aug14-11:55 am (BST)

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