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Top 10 companies snare 22.36pc of Dhaka stock turnover

The top 10 companies grabbed 22.36 per cent of the turnover posted by the Dhaka Stock Exchange (DSE) in last week.

Riding on investors’ increased participation, the companies featured turnovers ranging between Tk 1.36 billion and Tk 5.42 billion.

During the week, the premier bourse DSE featured a daily turnover above of Tk 25.77 billion which was 3.21 per cent less than the daily average turnover of the previous week.

Of the top 10 companies, Beximco posted a total turnover of Tk 5.42 billion in last week. The company grabbed 5.26 per cent of the weekly turnover posted by the main bourse.

During the week, the company’s share price advanced 0.37 per cent to close at Tk 107.90 each.

IFIC Bank posted a turnover of Tk 3.34 billion in four sessions and grabbed 3.24 per cent of the weekly market turnover.

The company’s share price advanced 1.19 per cent to close at Tk 17 each.

LankaBangla Finance featured a turnover of Tk 3.23 billion in last week and captured 3.14 per cent of the market. In last week, the company’s share price declined 2.98 per cent to close at Tk 39.10 each.

LafargeHolcim Bangladesh grabbed 1.87 per cent of the weekly turnover after featuring a value of Tk 1.92 billion.

At the end of the week, the company’s share price closed at Tk 71.90 each with a rise 5.89 per cent from the closing price of the previous week.

Orion Pharma posted a turnover of Tk 1.70 billion and captured 1.65 per cent of the weekly market turnover. During the week, the company’s share price closed at Tk 72.50 each with a rise of 3.13 per cent.

Saif Powertec grabbed 1.64 per cent of the market turnover after featuring a value of Tk 1.69 billion.

In last week, the company’s share price closed at Tk 30.30 each with a rise of 3.77 per cent.

Of other top turnover leaders, Malek Spinning Mills posted a turnover of Tk 1.53 billion, Keya Cosmetics Tk 1.42 billion, AB Bank 1.41 billion, and National Housing Tk 1.36 billion.

(FE)

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