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Weekly review: Bangladesh stocks top turnover

Last updated: August 21, 2015

Dhaka, Bangladesh (BBN)-Square Pharmaceuticals Ltd dominated the week’s top turnover chart on the Dhaka Stock Exchange (DSE) last week that ended on Thursday.
A total of 5.0 million shares worth BDT 1.21 billion were changed hands last week.
Daily average turnover for the company was BDT 241 million.
The week’s closing price of each Square Pharma share was BDT 247.2, registering a decline of 7.76 per cent over the previous week.
The board of directors of the company has recommended 30 per cent cash dividend and 12.50 per cent stock dividend for the year ended on March 31, 2015.
However, the final approval will come from the AGM scheduled to be held on September 16.
The company has reported consolidated EPS for April-June, 2015 was BDT 3.28 as against BDT 2.51 for April-June, 2014.
Consolidated NOCFPS was BDT 3.11 for April-June, 2015 as against BDT 1.76 for April-June, 2014.

Consolidated NAV per share was BDT 59.38 as of June 30, 2015 and BDT 56.09 as of March 31, 2015.
Of the total shares – 54.21 per cent held by sponsor-directors, 10.34 percent by institutional investors, according to DSE website.
Foreign investors held 15.05 percent shares while 20.4 per cent share held by public, the website information said.
The company listed in the Dhaka bourse – DSE in 1995.
The company is belonging to the Pharmaceuticals & Chemicals sector under the category of ‘A’.
The week’s other turnover leaders include Islami Bank with shares worth BDT 1.08 billion were changed hands followed by SPCL BDT 967 million, RSRM Steels BDT 900 million and Lafarge Surma Cement BDT 824 million.
United Power Generation & Distribution Company also came to the list as shares worth BDT 789 million were changed hands followed by Apex Tannery BDT 719 million, Central Pharma BDT 583 million, FAR Chemicals BDT 560 million and Familytex (BD) worth 519 million changed hands during the week.
BBN/BB/SK

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