MJL BD leads week’s top turnover chart at DSE

Last updated: September 12, 2014


Dhaka, Bangladesh (BBN)- MJL Bangladesh Limited dominated the week’s top turnover chart last week on the Dhaka Stock Exchange (DSE) that ended on Thursday.
A total of 10.49 million share worth BDT 1.23 billion changing hands last week.
Daily average turnover for the company was BDT 245.12 million.
The week’s closing price of MJL BD share was BDT 122.8, registering an increase of 8.86 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 Beximco worth BDT 1.00 billion, Singer BD worth BDT 973.71 million, Lafarge Surma Cement BDT 877.00 million, ACI Limited BDT 850.56 million, GP BDT 747.15 million, BSRM Steels BDT 715,32 million, Shurwid Industries BDT 670.56 million, ACI Formulations BDT 552.65 million and Beximco Pharma worth BDT 548.01 million changing hands last week.
BBN/BB/ANS-12Sept-3:30pm (BST)

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