FE Report
Top ten traded companies captured 30 per cent transaction of the Dhaka Stock Exchange (DSE) on Tuesday while United Power topping the list.
Market insiders said investors were mostly active on United Power Generation & Distribution Company's share ahead of the record date on September 06.
The company recommended 90 per cent cash and 20 per cent stock dividend for the year ended on June 30, 2018.
According to statistics available with the DSE, about 1.29 million shares of United Power were traded, generating a turnover of Tk 442 million, which was 7.22 per cent of the DSE's total turnover.
The DSE turnover stood at Tk 6.11 billion which was Tk 5.32 billion on the previous day.
The share price of the power generation company hovered between Tk 336 and Tk 346.20, before closing at Tk 344.50 each, advancing 2.01 per cent over the previous day.
United Power, which was listed on the DSE in 2015 under the book building method, disbursed 90 per cent cash and 10 per cent stock dividend in 2017.
The company has also reported earnings per shares (EPS) of Tk 11.51, net asset value (NAV) per share of Tk 40.80 and net operating cash flow per share (NOCFPS) of Tk 10.81 for the year ended on June 30, 2018 as against Tk 10.46, Tk 37.47 and Tk 10 respectively for the same period of the previous year.
The company's paid-up capital is Tk 3.99 billion, authorised capital is Tk 8.0 billion and the total number of securities is 399.23 million.
Among other active shares in terms of value included National Housing Finance, IPDC Finance, Brac Bank, LankaBangla Finance, International Leasing, BBS Cables, IFAD Autos, City Bank and Active Fine Chemicals.
National Housing Finance followed next, with shares worth Tk 183 million changing hands. The company's share price closed at Tk 65.40 each, advancing 3.65 per cent over the previous day.
IPDC notched the third spot, with shares worth Tk 168 million changing hands. The company's share price soared 9.92 per cent to close at Tk 42.10 each. It was also the day's top gainer.
Brac Bank clinched the fourth spot, with shares worth Tk 162 million changing hands. The bank's share price advanced 2.91 per cent to close at Tk 77.70 each.
LankaBangla emerged fifth with shares worth Tk 159 million changing hands. The company's share price closed at Tk 30.80 each, advancing 2.67 per cent.
The turnover of International Leasing was Tk 156 million. The company's share price gained 3.53 per cent to close at Tk 17.60 each.
BBS Cables featured a turnover of Tk 148 million. Its share price fell 1.91 per cent to close at Tk 115.20 each.
The turnover of IFAD Autos was Tk 138 million. The company's share price closed at Tk 120.90 each, losing 1.87 per cent.
The City Bank featured a turnover of Tk 131 million. The bank's share price rose 3.46 per cent to close at Tk 35.80 each.
Active Fine Chemicals was also included in the top ten turnover chart with shares of Tk 129 million changing hands. The company's share price fell 0.25 per cent to close at Tk 38.70 each.
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