Shahjibazar Power dominates again on DSE weekly transaction chart

Last updated: September 11, 2016

Dhaka, Bangladesh (BBN)- Shahjibazar Power Company Limited (SPCL) dominated the transaction chart of Dhaka Stock Exchange (DSE) last week for the two consecutive weeks that ended on Thursday.
According to statistics available with the DSE, some 9.04 million Shahjibazar Power Company shares were traded, generating a turnover of nearly BDT 1.52 billion, which was 6.42 percent of the premier bourse’s total turnover.
The daily average turnover for the company was BDT 303.30 million.
The rental power generation company’s share closed at BDT 174.20 on Thursday, the last session of the week, advancing 4.69 percent over the previous week.
Shahjibazar Power, which was listed on the country’s stock exchanges in 2014, disbursed 28 percent cash and 3.0 percent stock dividend for the year ended on June 30, 2015. In 2014, the company distributed 25 percent cash dividend and 5.0 percent stock dividend.
The company has reported consolidated third quarter (Q3) earning per share (EPS) of BDT 1.26 for January-March period of 2016 as against BDT 1.93 for the same period a year before.
In nine months (July, 2015-March, 2016) period, consolidated EPS was BDT 3.59 as against BDT 6.15 for the same period last year.
The sponsor-directors own 71.93 percent stake in the Shahjibazar Power, while institutional investor 9.01 percent and the general public 19.06 percent as on July 31, 2016.
The company’s paid-up capital is BDT 1,371.32 million and authorised capital is BDT 5,000 million, while the total number of securities is 137,132,037, the DSE data showed.
The company’s market capitalisation stood at BDT 23,710.13 million as on Thursday.
SPCL was followed by Lafarge Surma Cement with shares worth BDT 884 million changing hands, followed by Doreen Power BDT 782 million, MJL Bangladesh BDT 748 million, Singer Bangladesh BDT 713 million and Bangladesh Steel Re-rolling Mills BDT 623 million.
Square Pharmaceuticals was also included in the top ten turnover chart with shares worth BDT 609 million changing hands, followed by Islami Bank BDT 544 million, National Tubes BDT 481 million and United Power BDT 462 million.

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