Khulna Power, United Power jointly grab top position
Turnover leaders in 2018
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Top 10 turnover leaders featured a total transaction of above Tk 262.60 billion on the Dhaka Stock Exchange (DSE) in the outgoing calendar year.
During the year, the premier bourse featured a total turnover of above Tk 1.33 trillion in 242 trading sessions.
The exchange's average daily turnover was above Tk 5.52 billion, according to the information of the DSE and EBL Securities.
The companies which grabbed the list of top 10 turnover leaders were Khulna Power Company, United Power Generation & Distribution Company, BBS Cables, IFAD Autos, Square Pharmaceuticals, Beximco, Grameenphone, Monno Ceramic Industries, BRAC Bank and Dragon Sweater and Spinning.
Khulna Power Company and United Power Generation & Distribution Company became the joint turnover leaders after featuring a transaction of above Tk 37.50 billion in 2018. During the year, the company's snared 6.79 per cent of the DSE's daily average turnover observed in 2018.
On January 1, 2018, the company's share price closed at Tk 58.10 each and later the price rose to Tk 139.30 each on October 10.
Following price correction, the company's share price finally closed at Tk 59.30 each on Thursday, the last trading day of 2018.
United Power Generation & Distribution Company also featured a turnover of above Tk 37.50 billion, which was 6.79 per cent of the DSE's daily average turnover.
The company's share price closed at Tk 183.50 on January 1, 2018 and rose to Tk 368.10 each on October 9 last.
Finally, the company's share price closed at Tk 290.70 each at the end of the last trading session of 2018.
BBS Cables featured a turnover of above Tk 28.60 billion in 2018. During the year, the company grabbed 5.18 per cent of the DSE's daily average turnover.
On the first session of 2018, the company's share price closed at Tk 105.30 each and finally, the price closed at Tk 96.30 each on Thursday.
The turnover featured by IFAD Autos was above Tk 27.10 billion in 2018. The company's turnover was 4.90 per cent of the exchange's daily average turnover.
The company's share price closed at Tk 127.20 each on January 1, 2018 and finally closed at Tk 108.40 each on Thursday.
The turnover of Square Pharmaceuticals was above Tk 25.10 billion in 2018. The top pharmaceutical company of the country grabbed 4.54 per cent of the DSE's daily average turnover.
On January 1, 2018 the company's share price closed at Tk 301.80 each. On the last session of the year, the share price closed at Tk 254.20 each.
The total turnover featured by Beximco was above Tk 25 billion in 2018. The company snared 4.52 per cent of the exchange's daily average turnover.
The company's share price closed at Tk 28.30 each on January 1, 2018 and finally the price stood at Tk 23.50 each on Thursday.