Bangladesh
5 years ago

Ten cos snare 29pc turnover; Brac Bank tops

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Ten most-traded companies captured more than 29 per cent transaction of the Dhaka Stock Exchange (DSE) on Monday while Brac Bank topped the list.

Market analysts said investors were active on both sides of the Brac Bank shares after earnings declaration for January-March, 2019.

The un-audited consolidated earnings per share (EPS) of the bank stood at Tk 1.22 for January-March 2019 quarter as against Tk 1.28 for January-March 2018.

The consolidated net operating cash flow per share (NOCFPS) was Tk 5.82 for January-March 2019 as against Tk 5.67 for January-March 2018.

The consolidated net asset value (NAV) per share was Tk 34.09 as on March 31, 2019 and Tk. 26.21 as on March 31, 2018.

According to statistics from the DSE, with 6.88 million shares of Brac Bank were traded on the day, generating a turnover of Tk 400 million, which was 10.31 per cent of the DSE's total turnover.

The total turnover on the DSE stood at Tk 3.87 billion on Monday which was Tk 4.43 billion in the previous session.

The bank's share closed at Tk 58.10 on Monday, losing 2.84 per cent after soaring 6.21 per cent in the previous day.

The bank's share traded between Tk 55 and Tk 90.40 in the last one year.

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