Top 10 companies grabbed nearly 32 per cent transaction of the Dhaka bourse on Tuesday while Khulna Power Company Ltd (KPCL) topped the list for third straight session.
Market insiders said investors were mostly active on Khulna Power's shares for the three consecutive sessions amid higher dividend expectation.
In the last one month, its share price soared 32 per cent or Tk 22 each to close at Tk 88.40 on Tuesday.
The power generation company's share price traded between Tk 53 and Tk 88.40 each in last one year, hitting yearly high on Tuesday.
Following the recent price hike, the Dhaka Stock Exchange (DSE) served show-cause notice on the company on Tuesday.
However, it informed the DSE that there was no undisclosed price sensitive information for the recent unusual price hike of its shares.
According to statistics available with the DSE, about 7.55 million shares of KPCL were traded, generating a turnover of Tk 654 million, which was 9.12 per cent of the DSE's total turnover.
The total turnover on the DSE stood at Tk 7.16 billion, which was Tk 7.07 billion on the previous day.
Khulna Power, which was listed on the DSE in 2010, disbursed 55 per cent cash dividend in 2017. In 2016, it paid 75 per cent cash dividend.
The company's earnings per share (EPS) stood at Tk 1.21 for January-March 2018 as against Tk 1.40 for January-March 2017.
In nine months, the EPS was Tk 3.93 for July 2017-March 2018 as against Tk 3.91 for July 2016-March 2017.
Recently, Credit Rating Information and Services Ltd (CRISL) has rated the company as "AAA" in the long-term and "ST-1" in the short-term along with a stable outlook based on audited financial statements of the company up to June 30, 2017.
The company's paid-up capital is Tk 3.61 billion, authorised capital is Tk 7.0 billion and the total number of securities is 361.28 million.
Confidence Cement notched the second spot, with shares worth Tk 272 million changing hands. The company's share price closed at Tk 200.90 each, advancing 3.93 per cent over the previous day.
BBS Cables clinched the third spot, with shares worth Tk 242 million changing hands. The company's share price fell 2.60 per cent to close at Tk 120.10 each.
Nahee Aluminum emerged fourth with shares worth Tk 196 million changing hands. The company's share price closed at Tk 65.80 each, soaring 8.22 per cent.
The turnover of Aman Feed was Tk 160 million. The company's share price rose 3.12 per cent to close at Tk 72.70 each.
United Power was also included in the top 10 turnover chart with shares of Tk 157 million changing hands, followed by Bangladesh Submarine Cable Tk 155 million, IPDC Tk 143 million, National Housing Finance Tk 142 million and LankaBangla Finance Tk 113 million.
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