March 18, 2014 DSEX Index Closing 4,554.787↓(-36.39; … 18... · BATBC 2,146.10 1.4% 46.1 ......
Transcript of March 18, 2014 DSEX Index Closing 4,554.787↓(-36.39; … 18... · BATBC 2,146.10 1.4% 46.1 ......
Daily Market Update
March 18, 2014
DSEX Index Closing 4,554.787↓(-36.39; -0.79%)
Market retraces with slightly improved turnover
The market retraced today with slightly improved turnover. The benchmark index DSEX (-0.79%) went down
further by 36.39 points from the last session’s 7 week low value and closed the session at 4,554.78 points. The
other two indices DS30 and DSES lost 1.19% and 1.41% respectively. Among the large cap sectors, Banks
(+0.69%) posted a mild recovery from the last session’s heavy correction. In addition to Bank sector, Food &
Allied also ended in green today with 0.23% gain. Power (-1.46%) lost the most today followed by
Telecommunication (-1.44%) and Pharmaceuticals (-0.64%). NBFIs edged down by 0.12%, The total turnover
at DSE stood at BDT 3.2 billion (USD 41.5 million) today, 10.3% higher compared to last session’s 11-week low
turnover. Square Pharmaceuticals (-3.2%) remained the most traded stock of the session with a turnover of
BDT 240.6 million. IPDC (+10.9%) topped the gainers chart today following its dividend declaration of 5% cash
dividend and 10% stock dividend. Five more companies with year-end on December 2013 have made their
dividend declarations today. A new stock named Emerald Oil Industries will commence trading at DSE
tomorrow.
Sector Index Closing Opening ∆(Pts) ∆%
Banks 1,105.65 1,098.07 7.58 0.69%
NBFIs 2,035.90 2,038.45 -2.55 -0.12%
Mutual Funds 667.69 675.02 -7.32 -1.09%
General Insurance 1,858.63 1,867.85 -9.22 -0.49%
Life Insurance 2,750.89 2,784.90 -34.01 -1.22%
Telecommunication 3,190.31 3,236.78 -46.47 -1.44%
Pharmaceuticals 1,779.78 1,791.18 -11.40 -0.64%
Fuel & Power 1,497.74 1,519.89 -22.16 -1.46%
Cement 1,942.55 1,988.82 -46.27 -2.33%
Services & Real Estate 1,388.58 1,400.60 -12.02 -0.86%
Engineering 2,553.68 2,595.62 -41.94 -1.62%
Food & Allied 9,516.53 9,494.69 21.84 0.23%
IT 1,380.49 1,373.57 6.92 0.50%
Textiles 1,542.91 1,563.94 -21.03 -1.34%
Paper & Printing 1,819.96 1,902.68 -82.73 -4.35%
Tannery 2,562.29 2,563.79 -1.50 -0.06%
Jute 2,929.90 3,039.98 -110.08 -3.62%
Ceramics 456.76 469.17 -12.41 -2.65%
Miscellaneous 1,151.08 1,159.49 -8.41 -0.73%
No. of Cos Sectoral Mcap % of Total Mcap Sectoral Turnover % of Total Turnover
30 411,894.0 17.94% 324.5 10.33%
23 164,573.8 7.17% 123.9 3.94%
41 36,623.8 1.60% 54.4 1.73%
34 49,913.4 2.17% 47.9 1.52%
12 77,152.1 3.36% 117.7 3.75%
2 317,205.1 13.82% 218.9 6.97%
25 302,460.5 13.18% 441.4 14.05%
15 296,400.4 12.91% 389.3 12.40%
7 115,776.9 5.04% 186.0 5.92%
6 41,375.3 1.80% 60.1 1.91%
25 101,044.3 4.40% 328.4 10.46%
18 189,941.5 8.27% 285.5 9.09%
6 5,524.7 0.24% 35.7 1.14%
32 89,268.0 3.89% 228.4 7.27%
1 627.0 0.03% 1.2 0.04%
5 21,985.0 0.96% 43.5 1.38%
3 639.9 0.03% 9.3 0.30%
5 22,068.3 0.96% 19.4 0.62% 9 51,081.2 2.23% 225.4 7.18%
Associate: Farah Tasnim Huque (880) 173 072 7913 [email protected]
Market Stat Today Last Day % Change
Mcap Mn BDT 2,854,528.7 2,870,956.1
-0.6% Mn USD 36,714.2 36,925.5
Turnover Mn BDT 3,226.7 2,925.2
10.3% Mn USD 41.5 37.6
Volume Mn Shares 58.1 57.6 0.8%
Trade 83,839 78,087 7.4%
Index Closing Opening ∆(Pts) ∆% %∆YTD
DSEX 4,554.78 4,591.17 -36.39 -0.79% 6.76%
DS30 1,635.99 1,655.72 -19.74 -1.19% 11.58%
DSES 955.02 1009.30 -14.28 -1.41% N/A
Top Ten Gainers Close ∆% Turnover (mn BDT)
IPDC 20.30 10.9% 8.81
Dhaka Bank 22.50 6.1% 43.0
Marico Bangladesh Limited 1,170.60 6.1% 21.5
5th ICB MF 191.80 5.8% .1
Glaxo Smithkline 1,362.80 5.5% 13.8
AB Bank 27.50 4.2% 23.9
Reckitt Benckiser 1,000.00 3.8% .1
Agni System Limited 23.00 3.6% 12.1
AMCL (Pran) 251.30 3.3% 39.0
Prime Bank 23.90 3.0% 2.7
Top Ten Losers Close ∆% Turnover (mn BDT)
Anwar Galvanizing 28.10 -7.0% 1.41
Summit Alliance Port 26.20 -6.8% 12.5
First Lease International 24.70 -6.4% 18.5
National Polymer 70.20 -6.1% 25.8
Apex Foods 129.80 -5.7% 16.5
Legacy Footwear 38.40 -5.4% 5.9
EBL NRB Mutual Fund 7.30 -5.2% .0
Desh Garments 108.60 -5.2% 8.5
Bay Leasing 33.20 -5.1% 3.2
Sonali Aansh 149.90 -4.9% 9.1
Top Ten Most Traded Shares Close ∆% Turnover (mn BDT)
Square Pharmaceuticals 274.20 -3.2% 240.6
Bangladesh Shipping Corporation 641.50 2.3% 156.8
Padma Oil Co. 336.00 -2.5% 130.5
Lafarge Surma Cement 47.90 -3.2% 115.7
Grameenphone Ltd. 211.30 -1.4% 111.1
Bangladesh Submarine Cable Company Limited
212.70 -1.3% 107.8
Olympic Industries 213.70 -2.6% 92.8
Meghna Petroleum 279.10 -2.0% 82.5
National Tubes 148.10 -4.8% 62.2
BATBC 2,146.10 1.4% 46.1
Advanced Declined Unchanged Total
All Category 78 178 29 285
A Category (Equity) 57 129 11 197
B Category (Equity) 5 16 1 22
N Category (Equity) 0 4 0 4
Z Category (Equity) 8 12 5 25
Mutual Funds 8 16 11 35
Corporate Bonds 0 1 1 2
Analyst: Khandakar Safwan Saad (880) 173 035 7779 [email protected]
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BRAC EPL Daily Market Update
REPUBLIC (DSE:42.50,-2.97%; Bloomberg: RICBD:BD) The Board of Directors has recommended 12.50% stock dividend for the year ended on December 31, 2013. The Board has also decided to issue Rights shares @ 1R:1 (i.e. 1 Rights share for every 1 share) at an issue price of Tk. 15.00 each (including a premium of Tk. 5.00 each) subject to approval of the shareholders and the Regulatory Authorities. Date of AGM: 16.04.2014, Time: 10:00 AM, Venue: Trust Milonayaton, 545 Old Airport Road, Dhaka. Record Date: 31.03.2014. The Company has also reported net profit after tax of Tk. 61.22 million, EPS of Tk. 2.76, NAV per share of Tk. 13.98 and NOCFPS of Tk. 5.56 for the year ended on 31.12.2013. Another record date for entitlement of the proposed rights shares to be notified later after obtaining approval from BSEC. FLEASEINT (DSE:24.70,-6.44%; Bloomberg: FIRLEA:BD) The Board of Directors has recommended 10% stock dividend for the year ended on December 31, 2013. The Board has also taken the following special decision: The name of the Company be change, subject to approval of the Shareholders, Bangladesh Bank and the Registar of Joint Stock Companies (RJSC), from "First Lease Finance & Investment Limited" to "First Finance Limited". Date of AGM: 08.05.2014, Time: 11:00 AM, Venue: Trust Milonayaton, 545, Old Airport Road, Dhaka Cantonment, Dhaka. Record date: 31.03.2014. The Company has also reported net profit of Tk. 133.17 million, EPS of Tk. 1.32, NAV per share of Tk. 14.27 and NOCFPS of Tk. 2.26 for the year ended on December 31, 2013. SAPORTL (DSE:26.20,-6.76%; Bloomberg: SAPORTI:BD) The Board of Directors has recommended 15% cash dividend for the year ended on December 31, 2013. Date of AGM: 11.05.2014, Time: 10:30 AM, Venue: Bashundhara Convention Centre (2), Block-C, Umme Kulsum Road, Bashundhara R/A, Dhaka-1229. Record Date: 31.03.2014. The Company has also reported EPS of Tk. 0.88, NAV per share of Tk. 28.25 and NOCFPS of Tk. 1.31 for the year ended on December 31, 2013. IPDC (DSE:20.30,+10.93%; Bloomberg: IPDC:BD) The Board of Directors has recommended 5% cash dividend and 10% stock dividend for the year ended on December 31, 2013. Date of AGM: 15.05.2014, Time: 10:00 AM, Venue: BRAC-CDM, Rajendrapur, Gazipur. Record Date: 27.03.2014. The Company has also reported net profit after tax of Tk. 141.98 million, EPS of Tk. 1.36, NAV
per share of Tk. 19.79 and NOCFPS of Tk. 3.28 for the year ended on December 31, 2013. DHAKABANK (DSE:22.50,+6.13%; Bloomberg: DKBK:BD) The Board of Directors has recommended 17% cash dividend and 5% stock dividend for the year ended on December 31, 2013. Date of AGM: 17.04.2014, Time: 11:00 AM, Venue: Bashundhara Convention Centre-02, Block-C, Umme Kulsum Road, Bashundhara R/A, Baridhara, Dhaka. Record date: 27.03.2014. The Company has also reported consolidated EPS of Tk. 3.66, consolidated NAV per share of Tk. 22.25 and consolidated NOCFPS of Tk. (0.75) for the year ended on December 31, 2013. BERGERPBL (DSE:987.80,-1.38%; Bloomberg: BRGR:BD) The Board of Directors has recommended 220% cash dividend for the year ended on December 31, 2013. Date of AGM: 20.04.2014, Time: 11:00 AM, Venue: RAOWA Complex, Convention Hall-1 Mohakhali DOHS, Dhaka. Record date: 30.03.2014. The Company has also reported profit after tax of Tk. 860.94 million, EPS of Tk. 37.13, NAV per share of Tk. 119.03 and NOCFPS of Tk. 42.67 for the year ended on December 31, 2013 as against Tk. 752.79 million, Tk. 32.46, Tk. 100.20 and Tk. 46.48 respectively for the year ended on December 31, 2012. CVOPRL (DSE:865.60,-3.01%; Bloomberg: CVOPRL:BD) The Company has informed that in pursuance of the NOC dated October 03, 2011 accorded by the Energy & Mineral Resources Division under the Ministry of Power Energy & Mineral Resources of the Govt., the Company completed the installation of 50,000 M/Ton per year capacity condensate fractionation plant (Daily 150M/Ton) by the month of November'2013 which was duly inspected & Certified by BUET, BPC & PETROBANGLA as per clause of the NOC. Thereafter, the Company applied for allotment of 50,000 M/Ton condensate per year as raw material for starting operation of Refinery Plant in response to which the Ministry allotted 3,000 M/Ton condensate for test run of its plant. To procure the allotted condensate, the Company has to make a buy/sell agreement with Sylhet Gas Fields Ltd. PETROBANGLA ordered Sylhet Gas Fields Ltd. to make an Agreement with the Company. Accordingly, the Company signed buy/sell agreement with Sylhet Gas Fields Ltd. on 16th March 2014. As per clause of the NOC, the Company is going to submit result of the test run to BPC & PETROBANGLA informing satisfactory completion of the test run and thereafter the Company will be awarded the final allotment of the required quantity of condensate for the commercial operation of its plant by the Ministry COMPANY NEWS Emerald Oil Industries Ltd.: Trading of the shares of Emerald Oil Industries Ltd. will commence at DSE from March 19, 2014 under 'N' category. DSE Trading Code for Emerald Oil Industries Ltd. is "EMERALDOIL" and DSE Company Code is 14295.
Corporate Actions: Upcoming Record Dates
Important DSE News
DSE Ticker Company Name Rights Stock Cash Year End Record Date
MTBL Mutual Trust Bank Ltd 10% Dec-2013 20-Mar-2014
SAFKOSPINN Safko Spinnings 10% Dec-2013 20-Mar-2014
ARAMITCEM Aramit Cement 10% Dec-2013 20-Mar-2014
FIRSTSBANK First Security Islami Bank Limited 10% Dec-2013 25-Mar-2014
ABBANK AB Bank Limited 7% 5% Dec-2013 25-Mar-2014
GBBPOWER GBB Power Ltd 15% Dec-2013 25-Mar-2014
LINDEBD Linde Bangladesh LTD 110% Dec-2013 25-Mar-2014
IPDC Industrial Prom. & Dev. Co. of BD Ltd 10% 5% Dec-2013 27-Mar-2014
DHAKABANK Dhaka Bank 5% 17% Dec-2013 27-Mar-2014
BERGERPBL Berger Paints Bangladesh Ltd 220% Dec-2013 30-Mar-2014
Disclaimer: This report has been prepared by BRAC EPL Stock Brokerage Ltd and is provided for information purposes. It is not, under any circumstances, to be used or considered as an offer to sell, or a solicitation of any offer to buy. Reasonable care has been taken to ensure that the information is not untrue and misleading. BRAC EPL Stock Brokerage Ltd makes no representation or warranty as to the accuracy or completeness of such information. All opinions and estimates included in this report constitute our judgment as of this date and are subject to change without notice.