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Search date: 15-01-2018 Return to current date: Click here

Engineering sector leads transaction chart

Top 10 traded cos snare 27pc turnover


FE Report | January 15, 2018 00:00:00


Engineering sector dominated the Dhaka bourse transaction chart Sunday led by Bangladesh Thai Aluminium while top 10 traded companies captured 27 per cent turnover.

Brokers said the engineering sector emerged as turnover leader as top three traded companies -- Bangladesh Thai Aluminium, IFAD Autos and National Tubes featured from engineering sector.

The engineering sector captured nearly 23 per cent transaction of the DSE, closely followed by banking sector with 22 per cent and textile 12 per cent.

However, price of all top traded companies fell with Alif Manufacturing Company, the day's worst loser, plunging by 22.96 per cent to close at Tk 16.10 each.

"Alif Manufacturing's share price plunged after record date and price adjustment for entitlement of rights shares," said a stockbroker.

Rights share subscription of Alif Manufacturing Company, formerly known as CMC Kamal Textile Mills, will be from January 30 to February 15, which will raise Tk 1.09 billion through rights issuance.

According to statistics available with the DSE, about 4.44 million shares of BD Thai Aluminium were traded, generating a turnover of Tk 139 million, which was 4.24 per cent of the premier bourse's total transaction.

Each share of BD Thai, which was listed on the Dhaka bourse in 1990, closed at Tk 31.20 on Sunday, losing 0.64 per cent over the previous session.

Among other active shares in terms of value included IFAD Autos, National Tubes, Keya Cosmetics, Square Pharmaceuticals, Alif Manufacturing Company, United Power, Islami Bank, LankaBangla Finance and National Bank.

IFAD Autos followed next, with shares of Tk 137 million changing hands. The company's share price closed at Tk 132.50, losing 1.12 per cent over the previous session.

National Tubes notched the third spot, with shares of Tk 119 million changing hands. The state-run company's share price fell 2.48 per cent to close at Tk 141.60.

Keya Cosmetics emerged as fourth with shares of Tk 90 million changing hands. The company's share price closed at Tk 11.70, shedding 4.10 per cent.

The turnover of Square Pharmaceuticals was Tk 87 million. The second largest market cap company's share price fell 0.29 per cent to close at Tk 306.10.

Alif Manufacturing featured a turnover of Tk 78 million. The company's share price plunged 22.96 per cent to close at Tk 16.10.

The turnover of United Power was Tk 70 million. The power generation company's share price closed at Tk 164.50, losing 0.48 per cent.

Islami Bank featured a turnover of Tk 52 million. The bank's share price fell 0.57 per cent to close at Tk 35.

The turnover of LankaBangla Finance was Tk 51 million. The company's share price closed at Tk 46.70, losing 0.85 per cent.

National Bank was also included in the top ten turnover chart with shares of Tk 50 million changing hands. The bank's share price closed at Tk 12.60, losing 0.78 per cent.

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