BBN file photo

Dhaka, Bangladesh (BBN) – United Power Generation and Distribution Company dominated the Dhaka Stock Exchange’s top turnover chart this week that ended on Thursday.
The turnover for the week stood at BDT 28.42 billion on the DSE this week, falling 1.43 percent over the last week as this week saw four trading sessions of five. The market was closed on Monday on the occasion of the May Day.
According to statistics available from the DSE, some 19.46 million United Power shares were traded during this week, generating a turnover of BDT 1.33 billion, which was 4.68 percent of the week’s total transaction.
Daily average turnover for the company was BDT 332.5 million.
The power generation company’s share price closed at BDT 170.70 each, advancing 8.59 percent over the previous week.
Recently, the company has disclosed un-audited third quarter (Q3) financial report for January-March, 2017 period. As per the Q3 report, earnings per share (EPS) for January-March, 2017 period was Tk 3.04 as against Tk 2.53 for the same period a year ago.
The company disbursed a total of 125 percent cash dividend (45 percent final and 80 percent interim) for 18 months period ended on June 30, 2016.
United Power, was listed on the Dhaka bourse in April 2015, raised a fund above BDT 2.37 billion from the capital market using the book building method.
The sponsor-directors own 90 percent stake in United Power, while institutional investors own 5.82 percent and the general public 4.18 percent as on March 31, 2017.
The company’s paid-up capital is BDT 3.62 billion and authorised capital is BDT 8.0 billion while total number of securities is 362.94 million, according to DSE website figures.
LankaBangla Finance came down to second, featuring a turnover of BDTk 1.02 billion, followed by  Shahjibazar Power BDT 874 million, Saif Powertec BDT 812 million, Bangladesh Finance BDT 668 million and Prime Bank BDT 659 million.
ONE Bank was also included in the turnover list with 29.79 million shares of BDT 651 million changing hands, followed by Mercantile Bank BDT 587 million, Islamic Finance BDT 572 million and Argon Denims BDT 519 million.