The low-cap companies dominated the Dhaka Stock Exchange's turnover chart on Wednesday while the SK Trims Industries topped the list.
Brokers said investors showed their buying appetite on SK Trims shares in recent weeks as the company recently decided to invest Tk 45 million in Anik Trims which is a 100 per cent export oriented industry.
The Anik Trims products are marketed based on requirements of the buyers. It exports photo card, back board, bar code, hangtag, swing thread, elastic, poly, carton, tissue paper, gum tape etc. against L/C.
According to statistics available with the DSE, about 4.85 million shares of SK Trims were traded, generating a turnover of nearly Tk 208 million, which was 4.29 per cent of the DSE's total turnover.
The total turnover on the DSE stood at Tk 4.84 billion on Wednesday which was Tk 4.40 billion on the previous day.
Each share of the SK Trims closed at Tk 43.60 on Wednesday, soaring 6.60 per cent over the previous day.
The SK Trims, which made trading debut on the bourses on July 15 this year, recommended 2.0 per cent cash dividend for general shareholders only (other than sponsors & directors) and 10 per cent stock dividend for all shareholders for the year ended on June 30, 2018.
The company's paid-up capital is Tk 700 million and authorised capital Tk 1.0 billion, while total number of securities is 70 million
The sponsor-directors own 30.29 per cent stake in the company, while institutional investors own 23.65 per cent and the general public 46.06 per cent as of September 30, 2018.
Saiham Cotton Mills followed next, with shares worth Tk 194 million changing hands. The company's share price closed at Tk 21.30 each, soaring 9.79 per cent over the previous day.
VFS Thread Dyeing clinched the third spot, with shares worth Tk 180 million changing hands. The company's share price rose 4.36 per cent to close at Tk 62.10 each.
BBS Cables emerged fourth with shares worth Tk 143 million changing hands. The company's share price closed at Tk 121.60, advancing 3.40 per cent.
Intraco Refueling notched the fifth spot, with shares worth Tk 123 million changing hands. The company's share price gained 4.38 per cent to close at Tk 38.10 each.
The turnover of Summit Power was Tk 118 million. The company's share price inched up by 0.23 per cent to close at Tk 42.10.
The Peninsula Chittagong featured a turnover of Tk 109 million. The company's share price closed at Tk 32.90 each, losing 2.37 per cent.
The turnover of Intech was Tk 108 million. The company's share price fell 0.98 per cent to close at Tk 60.60 each.
Shsha Denims featured a turnover of Tk 105 million. The company's share price rose 4.47 per cent to close at Tk 70.10 each.
Monno Ceramic Industries was also included in the top 10 turnover chart with shares of Tk 90 million changing hands. The company's share price closed at Tk 373.40, gaining 3.0 per cent over the previous day.
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