Ten most-traded stocks accounted for one-third transactions of the Dhaka Stock Exchange (DSE) on Monday, with JMI Hospital Requisite Manufacturing Ltd. dominating the turnover list.
The medical equipment manufacturer topped the prime bourse's turnover list after almost two months as investors showed their buying interest ahead of its dividend declaration, said a merchant banker.
According to data available with the DSE, some 9.72 million shares of JMI Hospital Requisite were traded, generating a turnover of Tk 930 million, which was 6.64 per cent of the day's total turnover.
The total turnover stood at Tk 14 billion on the prime bourse, which was 39 per cent lower than the previous day's tally of Tk 22.96 billion.
Meanwhile, the share price of the JMI Hospital Requisite Manufacturing is also rising 'abnormally' in the recent weeks although there is no undisclosed price sensitive information (PSI).
The company's stock price rose 28 per cent or Tk 20 each in a month to reach Tk 93.10 on the DSE on Sunday. However, the share price dropped 2.47 per cent to close at Tk 90.80 on Monday.
On Chittagong Stock Exchange (CSE), the company's share price also soared 26 per cent in a month to reach Tk 93.10 on Sunday. However, the share price dropped 1.6 per cent to close at Tk 91.60 on Monday.
The 'abnormal' price surge prompted the Chittagong Stock Exchange (CSE) to serve show-cause notice on the company to know whether there was any price sensitive information for recent price hike.
The company replied on Monday that there is no undisclosed price sensitive information for the recent price hike.
A big jump in its earnings per share (EPS) prompted the investors to buy the company's shares, said a stockbroker.
The company's EPS jumped 227 per cent to Tk 1.60 for January-March 2022 as against Tk 0.49 for January-March 2021.
The company's nine months EPS also rose 70 per cent to Tk 2.89 for July 2021-March 2022 as against Tk 1.70 for July 2020-March 2021.
JMI Hospital Requisite was listed on the stock market on March 31, this year.
JMI Hospital Requisite raised Tk 750 million from the capital market by issuing IPO shares under the book-building method.
Nahee Aluminum Composite Panel came second on the turnover list, with shares worth Tk 579 million changing hands. The company's share rose 2.16 per cent to close at Tk 80.30 on Monday.
Eastern Housing clinched the third spot, with shares worth Tk 568 million changing hands. The company's share closed at Tk 94.70, losing 9.90 per cent. It was the day's second highest loser.
Beximco emerged as the fourth, with shares worth Tk 536 million changing hands. The company's share price shed 2.75 per cent to close at Tk 120.20 each.
Orion Pharma notched the fifth spot, with shares worth Tk 349 million changing hands. The drug maker's share closed at Tk 96.90, losing 3.20 per cent.
Genex Infosys featured a turnover of Tk 339 million. The company's share gained 2.40 per cent to close at Tk 76.90.
The turnover of National Polymer Industries was Tk 330 million. The company's share closed at Tk 65.90, shedding 6.39 per cent.
Bangladesh Shipping Corporation featured a turnover of Tk 299 million. The state-run corporation's share fell 2.53 per cent to close at Tk 131.20.
The turnover of LafargeHolcim was Tk 273 million. The multiannual cement maker's share fell 0.52 per cent to close at Tk 76.50.
Malek Spinning Mills also made its way to the day's top turnover chart, with shares worth Tk 267 million changing hands. The company's share closed at Tk 39.50, losing 1.99 per cent.
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