Dhaka, Bangladesh (BBN) - United Airways Ltd dominated the week’s top turnover chart for the second straight week on the Dhaka Stock Exchange (DSE) that ended on Thursday.
A total of 90.49 million shares worth BDT 744.49 million changed hands during the week.
Daily average turnover for the company was BDT 189 million.
The company’s share closed at BDT 10 on Thursday, the last trading day of the week, registering a decline of 13.04 percent over the week.
Analysts said the investors took position on United Airway’s share, anticipating hefty dividend declaration ahead as the company’s year closing on June 30, 2015.
In 2014, the company disbursed 10 percent stock dividend.
The company reported net profit after tax from July14 to Dec14 was BDT 268.14 million with EPS of BDT 0.43 as against BDT 277.59 million and BDT 0.44 (restated) respectively for the same period of the previous year.
The Travel and Leisure Sector Company listed on the Dhaka bourse in 2010 and belonging to ‘A’ category.
Of the total share – sponsor/directors held by only 8.44 percent, institutions held 19.62 per cent while general public held by 71.94 per cent shares, according to DSE website information.
The week’s other turnover leaders were GP BDT 704.46 million changed hands followed by KPCL BDT 613.63 million, Beximco BDT 609.78 million, Familytex BDT 604.69 million, Summit Power BDT 472 million, Square Pharma BDT 414 million changed hands.
Far Chemical also came to the top turnover list with shares worth BDT 413 million changed hands followed by Heidelberg Cement BDT 385 million and RAK Ceramics BDT 380 million changed hands last week.
BBN/BB/SSR