Stocks
3 companies share in extreme state, appear to be the top of foreign trusts
3 companies including BRAC Bank are at the top of the trusts for foreigners. Since these companies are at the top of foreign trust, share prices are relatively moving backward. Amidst, the shares of BRAC Bank hold the floor price from the previous month.
This information is known from Dhaka Stock Exchange (DSE) sources.
According to the sources, BRAC Bank is the most trusted by foreigners from the listed companies. A total of 35.21pc shares in the company are held by foreigners.
Plus, 3 companies in the banking sector adding BRAC Bank are in the top ten of the trust of foreigners. Those are – Islami Bank and City Bank. Foreigners have 22.59pc investments in Islami Bank and 4.77pc investments in City Bank.
Amidst the companies that are at the top of the trust of foreign investors, those institutions in the banking sector are the slowest in share price. Although there is 35.21pc foreign investment in BRAC Bank, the share is currently trading at 38 taka 50 paisa. Besides, each share of the number three company Reneta, which is at the height of foreign interest, is trading at 1 thousand 303 taka. So, the share price of BRAC Bank is 33 times less than the third company on the list even from the top of foreign investment. That is, every share of BRAC Bank is being sold at a price 33 times less than that of Renata even from the top in foreign investment.
The price at which BRAC Bank shares are exchanging is the minimum share price (floor price) arranged by the Securities and Commission. Without the floor price, the share price was likely to fall further. BRAC Bank shares are trading at 38 takas 50 paisa since September 1.
There are 2 more banks in the top ten of foreign investment. Those are more vulnerable to share price. Although Islami Bank has 22.59pc, the share was last traded at 32 taka 90 paisa. And the shares of City Bank, which is number 10 in the list, were last traded at 22 taka 80 paisa.
Apart from those companies in BSRM and banking sector, the share price of other companies that leads in foreign investment is more than 100 takas. Beximco Pharma is ranked second among companies with foreign investment. Shares of the company with 28.31pc foreign investment last traded at Tk 129.90 paisa.
The share price of Renetta Limited in third place is 1 thousand 303 taka. Foreign investment in this company is 22.90pc.
Olympics has 22.59pc foreign investment. Shares of this company last traded at 128 taka 20 paisa.
BSRM is on the list with 17.49pc foreign investment. The company’s shares last traded at Tk 93.
Square Pharma, a pharmaceutical and chemical company, has 13.64pc foreign investment. The current market price of the company’s shares is 209 taka 80 paisa.
Shares of British American Tobacco, which has 6.93pc foreign investment, last traded at Tk 518.60. And shares of Singer, a company with 4.83pc foreign investment, were last traded at 151 taka 90 paisa.
Dhaka Stock Exchange DSE, Bourse on the last working day of the week, 16th May, ended with a drop in Indices and hike in Turnover from the previous working session. This information is known from DSE sources.
676 crore 79 lakh taka shares were traded on this day. 150 crore 46 lakh more tradings were done in DSE today compared to the previous workday, 15th May , Shares worth Tk 526 crores 33 lakh shares were traded last time, Wednesday.
The benchmark DSEX lost 9.98 points or 5,517 The Shariah-based index DSES dropped 0.80 points or 1,212, and the blue-chip index DS30 decreased by 3.79 points or 1,973.
Of the issues traded, 122 advanced, 215 declined and 57 remained unchanged.
MBL 1st Mutual Fund ranked top gainer on DSE, the share price increased by Tk 0.50 paisa or 10 percent. On this day, the share was last traded at Tk 5.50 paisa.
Sonali Paper & Board Mills Limited ranked top loser on the DSE, the share price dropped by Tk 11.80 paisa or 3.00 percent. On this day, the share was last traded at Tk 382.50 paisa.
DSE topped on trade is Asiatic Laboratories Limited 46 crore 23 lakh takas of company shares have been traded.
A total of 43 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 3 crore 22 lakh 1 thousand 792 shares of the companies were traded. The financial value of which is 49 crore 85 lakh taka
Dhaka Stock Exchange DSE, Bourse on the fourth working day of the week, 15th May, ended with a drop in Indices and Turnover from the previous working session. This information is known from DSE sources.
526 crore 33 lakh taka shares were traded on this day. 138 crore 3 lakh less tradings were done in DSE today compared to the previous workday, 14th May , Shares worth Tk 664 crores 36 lakh shares were traded last time, Tuesday.
The benchmark DSEX lost 58.22 points or 5,527 The Shariah-based index DSES dropped 12.79 points or 1,212, and the blue-chip index DS30 decreased by 14.14 points or 1,977.
Of the issues traded, 61 advanced, 301 declined and 33 remained unchanged.
Reliance One the first scheme of Reliance Insurance Mutual Fund ranked top gainer on DSE, the share price increased by Tk 1.50 paisa or 8.77 percent. On this day, the share was last traded at Tk 18.60 paisa.
Bay Leasing & Investment Limited ranked top loser on the DSE, the share price dropped by Tk 0.30 paisa or 3.00 percent. On this day, the share was last traded at Tk 9.70 paisa.
DSE topped on trade is Alif Industries Limited 19 crore 21 lakh takas of company shares have been traded.
A total of 45 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 68 lakh 31 thousand 91 shares of the companies were traded. The financial value of which is 37 crore 38 lakh taka
Dhaka Stock Exchange DSE, Bourse on the third working day of the week, 14th May, ended with a drop in Indices and Turnover from the previous working session. This information is known from DSE sources.
664 crore 36 lakh taka shares were traded on this day. 17 crore 86 lakh less tradings were done in DSE today compared to the previous workday, 9th May , Shares worth Tk 968 crores 2 lakh shares were traded last time, Monday.
The benchmark DSEX lost 81.14 points or 5,585 The Shariah-based index DSES dropped 15.76 points or 1,225, and the blue-chip index DS30 decreased by 26.04 points or 1,991.
Of the issues traded, 31 advanced, 343 declined and 25 remained unchanged.
Reliance One the first scheme of Reliance Insurance Mutual Fund ranked top gainer on DSE, the share price increased by Tk 1.50 paisa or 9.55 percent. On this day, the share was last traded at Tk 17.10 paisa.
Union Insurance Company Limited ranked top loser on the DSE, the share price dropped by Tk 4.00 paisa or 9.32 percent. On this day, the share was last traded at Tk 38.90 paisa.
DSE topped on trade is eGeneration Limited 28 crore 18 lakh takas of company shares have been traded.
A total of 45 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 74 lakh 95 thousand 900 shares of the companies were traded. The financial value of which is 34 crore 92 lakh taka
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