Dhaka, Bangladesh (BBN) - United Power Generation & Distribution Company of Bangladesh dominated the Dhaka Stock Exchange (DSE) turnover chart this week that ended on Thursday.
Market insiders said investors were mostly active on United Power’s share ahead of record date.
The record date for the United Power, which recommended 90 percent cash and 20 percent stock dividend for the year ended on June 30, 2018, is on September 6.
According to statistics available with the DSE, about 3.53 million shares of United Power were traded, generating a turnover of BDT 1.22 billion, which was 4.18 percent of the week’s total turnover.
The total turnover on the DSE stood at BDT 29.19 billion which was BDT 10.05 billion in the week before as last week saw five trading sessions instead of previous week two due to Eid vacation.
Share price of the power generation company closed at BDT 353.50 each, gaining 6.86 percent over the previous week.
United Power, which was listed on the DSE in 2015 under the book building method, disbursed 90 percent cash and 10 percent stock dividend in 2017.
The company has also reported earnings per shares (EPS) of BDT 11.51, net asset value (NAV) per share of BDT 40.80 and net operating cash flow per share (NOCFPS) of BDT 10.81 for the year ended on June 30, 2018 as against BDT 10.46, BDT 37.47 and BDT 10 respectively for the same period of the previous year.
The company’s paid-up capital is BDT 3.99 billion, authorised capital is BDT 8.0 billion and the total number of securities is 399.23 million.
Among other active shares in terms of value included Active Fine Chemicals, National Housing Finance, BBS Cables, LankaBangla Finance, Beximco, Khulna Power Company, IPDC Finance, and International Leasing RD Food.
Active Fine followed next, with shares worth BDT 942 million, followed by National Housing Finance BDT 782 million, BBS cables BDT 763 million, LankaBangla Finance BDT 759 million, Khulna Power Company BDT 705 million.
IPDC Finance was also included in the top ten turnover chart with shares of BDT 599 million changing hands, followed by International Leasing BDT 534 million and RD Food BDT 472 million.
BBN/SS/AD