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The Financial Express

Ten cos grab 26pc turnover on DSE

FE Report | Published: November 03, 2017 14:18:12 | Updated: November 05, 2017 11:49:02


Ten cos grab 26pc turnover on DSE

The top 10 traded companies, including five banks, accounted for more than 26 per cent of transactions on the Dhaka Stock Exchange (DSE) on Thursday, with Exim Bank making its way to the top of the turnover chart.

The total turnover stood at Tk 6.76 billion, which was 1.96 per cent higher than the previous day's turnover of Tk 6.63 billion.

Apart from Exim Bank, other most active shares in terms of value included UCB, IFAD Autos, Power Grid Company, Keya Cosmetics, LankaBangla Finance, City Bank, Brac Bank, One Bank and Western Marine Shipyard.

Of them, share prices of five companies advanced up to 5.44 per cent, four faced marginal correction and one remained unchanged.

According to statistics available with the DSE, about 12.12 million shares of Exim Bank were traded, generating a turnover of Tk 235 million, or 3.48 per cent of the premier bourse's total transactions.

The bank's share price hovered between Tk 17.70 and Tk 18.10 before closing at Tk 17.70, shedding 0.56 per cent.

UCB came in next, with shares of Tk 216 million changing hands, grabbing 3.20 per cent of the day's total turnover. The bank's share price closed at Tk 24.70, advancing 0.37 per cent.

IFAD Autos notched the third spot, with shares of Tk 208 million changing hands, contributing 3.08 per cent to the total turnover. The company's share price advanced 2.62 per cent to close at Tk 137.30.

Power Grid emerged as the fourth, with shares of Tk 200 million changing hands, grabbing 2.95 per cent of the total turnover. The state-run company's share price closed 3.50 per cent higher at Tk 59.

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