A view of Dhaka Stock Exchange. Photo: BBN

Dhaka, Bangladesh (BBN)– Paramount Textile dominated the Dhaka bourse’s transaction chart last week that ended on Thursday while top ten traded companies captured nearly 24 percent of the week’s total turnover value.

Turnover, the crucial indicator of the market, stood at BDT 23.17 billion on the Dhaka Stock Exchange (DSE) last week, which was nearly 17 percent lower than the previous week.
According to statistics available with the DSE, some 29.31 million Paramount Textile shares were traded, generating a turnover of nearly BDT 1.06 billion, which was 4.60 percent of the week’s total turnover value.
The daily average turnover for the company was BDT 212 million.
The company’s share price closed at BDT 36.70 on Thursday, the last trading day of the week, advancing 2.80 percent over the previous week.
Paramount Textile, which was listed on the Dhaka bourse in November 2013, disbursed 10 percent cash and 7.0 percent stock dividend for the year ended on June 30, 2016.
The company has also reported (un-audited) third quarter earnings per share (EPS) of BDT 0.45 for January-March period of 2017 as against BDT 0.50 for the same quarter in the previous year.
In nine months for July, 2016-March, 2017, EPS was BDT 1.20 as against BDT 1.30 for July, 2015-March, 2016.
The company’s paid-up capital is BDT 1.17 billion and authorised capital is BDT 2.0 billion, while the total number of securities is 117.31 million.
Sponsor-directors own 60.75 percent stake in Paramount Textile, while institutional investors own 10.78 percent, and general public 28.47 percent as on April 30, 2017, the DSE data shows.
Bangladesh Finance & Investment followed next, with 30 million shares of BDT 661 million changing hands during the week, followed by LankaBangla Finance BDT 541 million, Beximco Pharmaceuticals BDT 519 million, MJL BD BDT 509 million, and Argon Denims BDT 462 million.
BATBC also included in the top ten turnover list with shares of BDT 455 million changing hands, followed by Central Pharmaceuticals BDT 448 million, Square Pharmaceuticals BDT 439 million and IFAD Autos BDT 398 million.

BBN/SSR/AD