Western Marine dominates week’s top turnover chart on DSE

Last updated: November 28, 2014

Dhaka, Bangladesh (BBN)- Western Marine Shipyard Limited (WMSL) dominated the week’s top turnover chart on the Dhaka Stock Exchange (DSE) last week that ended on Thursday.

A total of 11.50 million shares worth BDT 723.87 million changed hands during the week. Daily average turnover for the company was BDT 144.77 million.
 
The week’s closing price of each Western Marine share was BDT 58.1, registering a decline of 10.6 percent over the week. The shipbuilder company made debut on the DSE on November 2 last.
 
A market lot is 100 shares. Of the total shares – 40.44 percent held by sponsor-directors, 22.59 percent held by institutional investors and 36.97 percent held by public, according to DSE website.
 
The company has reported profit after tax BDT 151.65 million and basic EPS BDT 2.35 for the period of 9 (nine) months (July 2013 to March 2014) ended on 31 March 2014 as against BDT 126.01 million and basic EPS of BDT 1.95 for the same period of the previous year.
 
However, considering Post-IPO 109,551,900 number of shares, company’s basic EPS would be BDT 1.38 for nine months ended on 31 March 2014 (July 2013 to March 2014) and NAV per share would be BDT 39.49 as on 31 March 2014.
 
It was followed by Jamuna Oil BDT 608.87 million, Lafarge Surma BDT 532.37 million, Beximco Pharma BDT 518.36 million, Khan Brokers BDT 501.36 million, Beximco BDT 498.34 million, GP BDT 468.77 million, Square Pharma BDT 439.15 million, Keya Cosmetics BDT 376.67 million and BEDL BDT 354.96 million changing hands during the week.

BBN/SSR/AD-28Nov14-2:24pm (BST)

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