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The Financial Express

Ten cos account for 35.51pc of prime bourse turnover

| Updated: January 16, 2020 11:06:12


File photo (Collected) File photo (Collected)

Ten most traded stocks accounted for 35.51 per cent of transactions on the Dhaka Stock Exchange (DSE) on Wednesday, with Standard Ceramic Industries generating the highest turnover.

The total turnover of DSE stood at Tk 2.80 billion amid major price corrections.

Of the total turnover, Tk 994 million came from transactions of 10 companies, including Standard Ceramic Industries, LafargeHolcim Bangladesh, ADN Telecom, and BRAC Bank.

Standard Ceramic generated a turnover of Tk 153.2 million, making up 5.47 per cent of the market turnover. The company's share price rose 4.08 per cent to close at Tk 731.30 each.

LafargeHolcim Bangladesh featured a turnover of Tk 140 million and it captured 5.0 per cent of the market turnover. The company's share price declined 4.49 per cent to close at Tk 38.60 each.

ADN Telecom posted a turnover of Tk 133.4 million, which was 4.76 per cent of the market turnover.

The company also topped the gainers' chart, soaring 9.70 per cent to close at Tk 44.20 each.

BRAC Bank accounted for 4.37 per cent of the market turnover by generating Tk 122.3 million.

The company's share price closed at Tk 46.50 each on Wednesday, registering an increase of 4.22 per cent.

Khulna Power Compamy featured a turnover of Tk 106.10 million and captured 3.79 per cent of the market turnover.

The company's share price declined 2.92 per cent to close at Tk 49.80 each.

Northern Jute Manufacturing Company generated a turnover of Tk 94.20 million, making up 3.36 per cent of the market turnover.

Other top ten companies include Square Pharmaceuticals featuring a turnover of Tk 82.9 million, Beacon Pharmaceuticals (Tk 61.6 million), Western Marine Shipyard (Tk 53.9 million) and Pioneer Insurance Company (Tk 47.10 million).

mufazzal.fe@gmail.com

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