Top 10 cos grab 27pc turnover of prime bourse

Dhaka,  Sun,  24 September 2017
Published : 22 Aug 2017, 21:36:25
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Top 10 cos grab 27pc turnover of prime bourse

Bangladesh Building Systems tops the list
FE Report


Top ten traded companies captured nearly 27 per cent transaction of the premier bourse Tuesday while Bangladesh Building Systems (BBS) led the chart.

The BBS Cables, which dominated the turnover chart for the four consecutive sessions grabbed the second position with shares of Tk 459 million changing hands.

After "unusual" hike of 15 times within 14 trading sessions, the BBS Cable's share price fell 1.87 per cent to close at Tk 146.90 each on the day, losing 1.87 per cent over the previous session.

Meanwhile, "abnormal" price hike of BBS Cables has prompted the Bangladesh Securities and Exchange Commission (BSEC) to form an enquiry committee to investigate into unusual price increase in shares of the company.

The total transaction on the Dhaka Stock Exchange (DSE) stood at Tk 9.78 billion on the day, which was more than 29 per cent higher than the previous day's value of Tk 7.58 billion.

Bangladesh Building Systems, BBS Cables, Fortune Shoes, Rangpur Foundry, LankaBangla Finance, Familytex BD, JMI Syringes, Keya Cosmetics, Ratanpur Steels and Al-Arafa Islami Bank were the most-active shares in terms of value on the DSE.

Of them, share price of five companies rose up to 9.93 per cent, four faced correction up to 3.10 per cent while one remained unchanged.

According to the statistics available with the DSE, about 12.62 million shares of Bangladesh Building Systems were traded, generating a turnover of Tk 668 million, which was 6.83 per cent of the premier bourse's total turnover value.

The company's share price hovered between Tk 49.40 and Tk 54.30, before closing at Tk 54.30 on the day, soaring 9.92 per cent over the previous session.

Fortune Shoes emerged as third with shares of Tk 266 million changing hands. It was 2.72 per cent of the total turnover value. The company's share price rose 4.27 per cent to close at Tk 56.10 each.

Rangpur Foundry notched the fourth spot, with shares of Tk 196 million changing hands, which was 2.0 per cent of the turnover. The company's share price closed at Tk 145, jumping 9.93 per cent.

LankaBangla featured a turnover of Tk 195 million which was 1.99 per cent of the day's total transaction. The company's share price closed at Tk 57 each, remaining unchanged over the previous day.

The turnover of Familytex was Tk 176 million, capturing 1.80 per cent of the day's total value. The company's share price closed at Tk 9.40, losing 3.10 per cent.

JMI Syringes featured a turnover of Tk 171 million, which was 1.75 per cent of the day's total turnover. The company's share price fell 1.36 per cent to close at Tk 224.90 each.

The turnover of Keya Cosmetics was Tk 163 million, grabbing 1.67 per cent of the day's total turnover. The company's share price closed at Tk 14.60, losing 2.67 per cent.

Ratanpur Steels featured a turnover of Tk 150 million, which was 1.53 per cent of the day's total transaction. The company's share price advanced 0.85 per cent to close at Tk 83.10 each.

Al-Arafa Bank was also included in the top ten turnover chart with shares of Tk 149 million changing hands. The bank's share price closed at Tk 20.90, advancing 2.96 per cent over the previous session.

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