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Apex Footwear most-traded issue on DSE

apex footwear most-traded issue on dse

Apex Footwear Limited dominated the transaction chart of the Dhaka Stock Exchange (DSE) on Thursday while Bangladesh Steel Re-rolling Mills (BSRM) Limited was the most-traded issue on the port city bourse. Five most-active shares in terms of value on the premier bourse were Apex Footwear, Confidence Cement, Bangladesh Building Systems, Shasha Denims and Square Pharmaceuticals. According to the statistics available with the DSE, some 822,293 shares of Apex Footwear were traded, generating a turnover of nearly Tk 329 million. It was 5.09 per cent of the DSE’s total turnover value. The company’s share price hovered between Tk 380 and Tk 408.40, before closing at Tk 387.30 on the day, advancing 2.50 per cent over the previous day. Apex Footwear published its first quarter financial reports on the day. As per Q1 report, its earning per share (EPS) was Tk 11.73 for July-September, 2016 as against Tk 13.67 for July-September, 2015. Net operating cash flow per share (NOCFPS) was Tk 19.22 for July-September, 2016 as against Tk 24.73 for July-September, 2015. Net asset value (NAV) per share was Tk 231.95 as of September 30, 2016 and Tk 220.22 as of June 30, 2016. The company earlier disbursed 50 per cent cash dividend for the year ended on December 31, 2015. The company’s paid-up capital is Tk 112.50 million and authorised capital is Tk 500 million while the total number of securities is 11,250,000. The company’s total market cap stood at Tk 4,225.50 million as on Thursday. The sponsor-directors own 21.82 per cent stake in the Apex Footwear while institutional investors own 36.41 per cent and the general public 41.77 per cent as on October 31, 2016, the DSE data showed. Apex Footwear was, closely followed by Confidence Cement with about 2.58 million shares worth nearly Tk 320 million changing hands. The company’s share price closed at Tk 127.80 each, advancing 6.76 per cent over the previous day. Bangladesh Building Systems was third on the DSE transaction list with 5.77 million shares worth nearly Tk 247 million changing hands. The company’s share price rose 7.09 per cent to close at Tk 43.50 each. Shasha Denims emerged as fourth on the premier bourse’s turnover chart with about 4.27 million shares of Tk 237 million changing hands. The company’s share closed at Tk 56.90, soaring 9.63per cent. Square Pharmaceuticals was the fifth on the DSE’s turnover list with 789,291 shares worth Tk 214 million changing hands. The company’s price shed 0.07 per cent to close at Tk 271.50 each. Besides, the five most-traded stocks in terms of turnover value on the Chittagong Stock Exchange (CSE) were Bangladesh Steel Re-rolling Mills Limited, Square Pharma, Apex Footwear, Bangladesh Building Systems and Shasha Denims. According to the CSE data, some 156,654 shares of Bangladesh Steel Re-rolling were traded, generating a turnover of Tk 23.21 million. The Chittagong-based steel maker’s share price fell 1.68 per cent to close at Tk 146.30 each on the port city bourse. Square Pharma was the second on the CSE turnover list with 66,263 shares worth Tk 17.97 million changing hands. The company’s share closed at Tk 271.30 each, advancing 0.07 per cent. Apex Footwear was the third on the port city bourse’s turnover chart with 30,606 shares of Tk 12.34 million changing hands. The company’s share price rose 6.39 per cent to close at Tk 391.40 each. Bangladesh Building Systems was the fourth on the port city bourse’s turnover list with 249,473 shares of Tk 10.63 million changing hands. The company’s share closed at Tk 43.10, soaring 6.39 per cent. Shasha Denims was fifth on the CSE transaction list with 170,617 shares of Tk 9.59 million changing hands. The company’s share price jumped 9.85 per cent to close at Tk 56.90 each.