preference shares bangladesh
DESCRIPTION
Preference Shares BangladeshTRANSCRIPT
POWERGRID
ATLASBANG
ENVOYTEX
JAMUNAOIL
BATASHOE
% change % change
1.22% Change in Index (%)
-0.24% 5.38 -7.22%
USD ml.
0.81% 25,771.24 0.77%
USD ml.
World
Indexes
Sep Oct Nov Dec
2012-13 1178.83 1453.69 1102.15 1285.30
2011-12 1101.79 855.44 1039.48 908.79 1147.22
Positive Impact on DSEX
BATBC
UCBL
DELTALIFE
NBL
PUBALIBANK -0.050.04
0.06
Negative
-0.06
200,371.38 Market
Comparisons
CSE
33,718.55
44.74
USD ml.
CSCX
BDT Cr.
-0.02
-0.01
-0.02
Impact is measured in terms of approx. change of Points
Total Turnover
4,197.92
347.85
BDT Cr.
262,161.73
DSE
DSEX
Total Mkt. Cap
0.02
0.07
0.04
41.87
Impact on DSE
General Index
6068.30
1201.15
1201.15
Remittance Flow
(Amounts in USD mil)
-0.08% -0.04% 0.66% 0.36%
Year TotalJul Aug
7399.771178.65
DAILY MARKET REVIEW
BRAC EPL INVESMENTS LIMITED
Index and
Turnover at a
Glance
Turnover is presented in BDT crore
Commentary
2-Dec-13
Stocks rebounded after four consecutive losing streak. The benchmark general gauge, DSEX started
with a flying note, and climbed around 77 points within first half an hour, then experienced some
minor correction and finally ended with moderate gain. Turnover declined slightly from that of the
previous day. Major sectors posted gain today. Heavy weight Bank climbed the most among the
sectors. It was followed by Telecommunication, NBFI and Pharmaceutical. Whereas, Fuel & Power
ended flat today.
Benchmark index DSEX advanced by 1.22 percent or 50.71 points to settle at 4197.92 points.
Turnover declined by 0.24% to stand at BDT 347.85 Crore. A total of 207 issues advanced while 53
declined and 24 remained unchanged. Major sectors advanced except Power : Bank(2.27%),
NBFI(0.57%), Telecommunication(0.59%), Pharmaceutical(0.55%) and Power(-0.01%). DELTALIFE
topped the turnover chart with turnover value of BDT 42.99 crore. BDBUILDING topped the gainer
chart with 9.97% price hike. STYLECRAFT topped the loser chart with 6.25% price loss.
Impact on DGEX
Exchange Rates
Commodity Futures
WTI Crude Futures
$93.14
GOLD Spot USD/t oz
$1,242.23
S&P 500 NIKKEI 500 HANG SENG BSE Sensex 30
World Market
EURO
105.62
CAD
73.28
USD
77.75
CHN
12.78
GBP
127.18
129
214
BDT Cr.BDT Cr.
24
53
207
Issues Unchanged
Issues Declined
Issues Advanced
57
USD ml.
0
200
400
600
800
1000
1200
2000
2500
3000
3500
4000
4500
5000 7
/15
/13
7/1
8/1
3
7/2
3/1
3
7/2
8/1
3
7/3
1/1
3
8/5
/13
8/1
4/1
3
8/2
0/1
3
8/2
5/1
3
8/2
9/1
3
9/3
/13
9/8
/13
9/1
1/1
3
9/1
6/1
3
9/1
9/1
3
9/2
4/1
3
9/2
9/1
3
10
/2/1
3
10
/7/1
3
10
/10
/13
10
/22
/13
10
/27
/13
10
/30
/13
11
/4/1
3
11
/7/1
3
11
/12
/13
11
/17
/13
11
/20
/13
11
/25
/13
11
/28
/13
Turnover DSEX
INDEX
TURNOVER
Today Yesterday Today Yesterday
37.5 34.5 10.8% 9.9%
6.8 8.8 2.0% 2.5%
2.3 2.7 0.7% 0.8%
48.4 34.2 13.9% 9.8%
14.4 16.5 4.2% 4.7%
57.3 42.5 16.5% 12.2%
3.0 3.6 0.9% 1.0%
0.1 0.1 0.0% 0.0%
5.8 8.4 1.7% 2.4%
5.9 6.1 1.7% 1.8%
8.9 10.1 2.6% 2.9%
0.1 0.1 0.0% 0.0%
33.7 35.2 9.7% 10.1%
32.9 42.8 9.5% 12.3%
2.5 3.0 0.7% 0.9%
3.2 5.8 0.9% 1.7%
10.0 7.9 2.9% 2.3%
67.3 77.5 19.4% 22.3%
7.1 8.2 2.0% 2.4%
347.3 348.2
Today Yesterday Today Yesterday
41,265 40,350 20.2% 20.0%
9,155 9,061 4.5% 4.5%
2,108 2,101 1.0% 1.0%
10,277 10,188 5.0% 5.0%
13,618 13,339 6.7% 6.6%
10,594 10,353 5.2% 5.1%
475 470 0.2% 0.2%
56 56 0.0% 0.0%
4,598 4,577 2.3% 2.3%
3,391 3,388 1.7% 1.7%
14,478 14,396 7.1% 7.1%
55 55 0.0% 0.0%
22,856 22,731 11.2% 11.2%
27,085 27,087 13.3% 13.4%
967 965 0.5% 0.5%
1,652 1,666 0.8% 0.8%
29,787 29,613 14.6% 14.6%
8,412 8,430 4.1% 4.2%
3,405 3,402 1.7% 1.7%
Change in Index (%) 204,234 202,226
DELTALIFE 43.0 33.4 10.0 28.9% 4.3 298.1 278.6 7.0%
BDBUILDING 15.3 6.6 7.7 131.3% 2.0 70.6 64.2 10.0%
BENGALWTL 14.7 6.6 10.1 122.0% 1.4 63.3 59.4 6.6%
GENNEXT 12.4 8.2 21.9 52.0% 0.6 31.2 31.3 -0.3%
RNSPIN 12.0 16.3 15.8 -26.5% 0.8 35.5 35.3 0.6%
PTL 10.5 11.4 19.4 -8.6% 0.5 50.8 52.3 -2.9%
CENTRALPHL 8.3 7.5 5.0 9.9% 1.6 41.6 39.0 6.7%
UCBL 8.1 4.7 12.4 73.2% 0.7 24.7 23.3 6.0%
JAMUNAOIL 7.4 8.1 9.6 -8.5% 0.8 235.2 237.7 -1.1%
GP 6.8 4.5 13.4 50.4% 0.5 201.8 200.5 0.6%
Tannery
0.3%
0.6%
-0.2%
34.7%
-17.9%
-5.5%
-30.8%
-3.7%
-12.2%
Food & Allied Product
Engineering
Insurance
10.2%
Jute
Bank
Cement
Ceramics
Miscellaneous
Mutual Funds
NBFI
Paper & Printing
-4.2%
-23.0%
-44.9%
26.3%
0.1%
1.0%
NOTE: CT= Today's Turnover in crore, YT= Yesterday's Turnover in Crore, AT=Last 20 day's Turnover
Average, CP= Current Price, YCP= Yesterday Closing Price,% ∆ P= Percentage change in price, NM=Not
Meaningful, NT=Not Traded
Ticker CT YT AT % Δ in
Turnover CT/AT CP YCP % Δ Price
NOTE: MC= Market Capitalization, NM=Not Meaningful, NT= Not Traded
IT
Trade Volume (Crore)% of Market
TurnoverIndustry % Δ in Turnover
9.0%
-22.7%
-14.4%
Bank
Cement
Ceramics
41.2%
-12.7%
(Amounts in BDT Crore)
Top Ten
Turnover (Amounts in BDT Crore)
Market
Market Capitalization
(Crore)
Power & Energy
Service & Real Estate
Tannery
Power & Energy
Service & Real Estate
Telecommunication
Telecommunication
Textile
Travel & Leisure
-15.2%
-13.2%
-14.2%
-0.3%
NOTE: % Δ in Turnover= percentage change in turnover from last day, NM=Not Meaningful, NT= Not
Traded
Pharmaceuticals & Chemicals
Miscellaneous
Mutual Funds
2.3%
% of Total MC % Δ in MC
1.0%
0.3%
Engineering
Textile
Travel & Leisure
Industry
Food & Allied Product
Insurance
IT
Jute
Paper & Printing
Pharmaceuticals & Chemicals
Market
0.9%
2.1%
2.3%
1.2%
0.0%
0.5%
0.1%
0.6%
0.0%
0.6%
0.0%
-0.8%
NBFI
Sector wise
Trade Summary(Amounts in BDT Crore)
Sector wise
Market
Capitalization
Summary
TURNOVER
BDBUILDING 70.60 64.20 53.74 10.0%
RAHIMAFOOD 55.80 50.80 51.68 9.8%
FINEFOODS 22.20 20.50 17.61 8.3%
RUPALILIFE 113.30 105.20 102.36 7.7%
DELTALIFE 298.10 278.60 350.86 7.0%
CENTRALPHL 41.60 39.00 33.52 6.7%
PROGRESLIF 119.30 111.90 110.00 6.6%
BENGALWTL 63.30 59.40 53.94 6.6%
UCBL 24.70 23.30 24.52 6.0%
BDFINANCE 18.90 17.90 18.72 5.6%
STYLECRAFT 1,077.20 1,149.00 1,179.13 -6.2%
ATLASBANG 157.70 167.20 166.79 -5.7%
POWERGRID 53.60 56.60 54.32 -5.3%
KOHINOOR 340.00 355.00 406.38 -4.2%
STANCERAM 37.00 38.60 39.50 -4.1%
ALLTEX 7.10 7.40 7.24 -4.1%
PTL 50.80 52.30 50.28 -2.9%
ICB1STNRB 25.20 25.90 25.56 -2.7%
BATASHOE 727.50 743.00 716.74 -2.1%
DELTASPINN 28.20 28.80 30.15 -2.1%
ECABLES 5.72 1.10 5.18 82.20
GREENDELT 33.63 6.73 5.00 93.00
DELTALIFE 429.97 99.78 4.31 298.10
LIBRAINFU 1.41 0.48 2.94 440.80
ICBIBANK 7.57 3.16 2.40 7.10
FINEFOODS 14.03 6.05 2.32 22.20
ARAMITCEM 14.03 6.09 2.30 73.90
ISLAMIBANK 22.50 9.88 2.28 36.00
MODERNDYE 0.56 0.27 2.05 104.70
BDBUILDING 153.39 77.12 1.99 70.60
KAY&QUE 0.19 0.02 12.73 15.20
IBBLPBOND 0.33 0.11 9.71 985.50
PROGRESLIF 2.01 0.22 8.96 119.30
BATBC 7.52 0.91 8.30 1,687.50
PIONEERINS 6.98 0.91 7.67 68.60
PRAGATIINS 0.32 0.06 5.11 57.60
BDFINANCE 6.00 1.19 5.04 18.90
IMAMBUTTON 0.13 0.03 4.96 7.30
ISLAMIBANK 22.50 4.70 4.79 36.00
Compared to
Yesterday's Trade
Compared to
Historical Average
Trade
Abnormal Trade
Indicator
4.82%
2.56%
( Amounts in BDT Crore)
Abnormal Trade
Indicator
Top Ten Losers
NOTE: CP= Closing Price, ,YCP=Yesterday Closing Price, AP=Average Price of last 20 day, % Δ in P =
percentage change in price,NM=Not Meaningful
Ticker CP YP AP
-8.64%
-5.45%
-1.39%
-6.32%
-1.93%
1.03%
1.50%
-6.47%
AT ATI-1Closing
Price
NOTE: CT: Today's Turnover in crore, AT: Average historical turnover ATI-1 = Today's turnover times
compared to historical average turnover
Ticker CT YT ATI-2Closing
Price% Δ in Price
5.08%
7.00%
5.23%
4.41%
8.29%
2.95%
9.97%
% Δ in Price
2.75%
-1.33%
-16.33%
% Δ P % Δ in Price from AP
NOTE: CT: Today's Turnover in crore, YT: Yerterday's turnover ATI-2 = Today's turnover times compared to
yerterday's turnover ; NM: Not Meaningfull
2.70%
0.23%
6.61%
2.49%
1.78%
2.13%
5.59%
-1.35%
2.56%
Ticker CT
CP YCP AP % Δ P % Δ in Price from AP
31.39%
7.98%
Top Ten Gainers
Ticker
17.35%
-15.04%
0.96%
10.69%
24.11%
8.46%
0.73%
26.10%
NOTE: CP= Closing Price, ,YCP=Yesterday Closing Price, AP=Average Price of last 20 day, %Δ P = percentage
change in price,NM=Not Meaningful
( Amounts in BDT Crore)
IMPORTANT DSE NEWS: SONALIANSH As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on December 03, 2013 at 4:30 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2013. GPHISPAT (H/Y): As per un-audited half yearly accounts as on 31.10.2013 (May'13 to October'13), the Company has reported profit after tax of Tk. 143.47 million with basic EPS of Tk. 1.33 as against Tk. 80.73 million and Tk. 0.75 respectively for the same period of the previous year. However considering bonus share @ 10% for the year 2013, restated basic EPS is Tk. 1.21 as on 31.10.2013 (May'13 to October'13) and Tk. 0.68 as on 31.10.2012 (May'12 to October'12). Whereas profit after tax was Tk. 65.55 million with basic EPS of Tk. 0.61 for the period of 3 months (August'13 to October'13) ended on 31.10.2013 as against Tk. 17.87 million and Tk. 0.17 respectively for the same period of the previous year. However considering bonus share @ 10% for the year 2013, restated basic EPS is Tk. 0.55 as on 31.10.2013 (August'13 to October'13) and Tk. 0.15 as on 31.10.2012 (August'12 to October'12). SAIHAMCOT (H/Y): As per un-audited half yearly accounts as on 31.10.2013 (May'13 to October'13), the Company has reported net profit after tax of Tk. 122.32 million with EPS of Tk. 0.90 as against Tk. 178.44 million and Tk. 1.32 respectively for the same period of the previous year. Whereas net profit after tax was Tk. 64.66 million with EPS of Tk. 0.48 for the period of 3 months (August'13 to October'13) ended on 31.10.2013 as against Tk. 96.59 million and Tk. 0.71 respectively for the same period of the previous year. AAMRATECH National Credit Ratings Limited (NCR) has announced the rating of the Company as "A+" in the long term and "ST-2" in the short term based on audited financial statements of the Company up to June 30, 2013. GHAIL Credit Rating Information and Services Limited (CRISL) has rated the Company as "A+" in the long term and "ST-3" in the short term in consideration of financials of the Company up to 30th June 2013 (audited) and other relevant quantitative as well as qualitative information up to the date of rating declaration.
SOME NEWS PAPER HEADLINES: Foreign investment in stocks up 21.1% The foreign investment on the country's prime bourse has increased 21.1% in November as foreign fund managers now consider the market lucrative for long-term investment due to low prices of fundamentally strong stocks. The foreign investment on the country's prime bourse has increased 21.1% in November as foreign fund managers now consider the market lucrative for long-term investment due to low prices of fundamentally strong stocks. Foreign investors bought shares worth BDT 3.4 billion and sold shares worth BDT 657.2 million to take their net investment for the month to BDT 2.8 billion in November. Foreign investment, also known as portfolio investment, accounts for less than 1.0% of the total market capitalization of the DSE. Application deadline for stock scheme extended to 15th December The supervision committee for the BDT 9.0 billion government refinance scheme for the small-scale investors affected by the 2010-11 stock market crash has decided to extend the deadline for receiving applications from merchant banks and brokerage houses to December 15. The latest move came following the plea made by the merchant banks and brokerage firms. All the margin loan providers, merchant banks and brokerage firms, are allowed to submit applications for loan facilities till December 15 this year. The Bangladesh Bank on August 26 released BDT 3.0 billion as the first phase of the BDT 9.0 billion refinance scheme. USAID, World Bank to jointly aid Bangladesh energy sector US Agency for International Development (USAID) in collaboration with the World Bank (WB) is likely to come up with a major role to provide cooperation in the country's energy sector aimed at improving efficiency. A four-member high-level team from the American state department visited the country last week and held a workshop for top level power and energy sector officials to identify the scope of cooperation. Through the workshop and discussions two major areas of investment were identified for energy efficiency improvement in the public and private sectors. These are conversion of simple cycle power plants to combined cycle ones, along with rehabilitation of fertilizer factories in public sector; and improvement of competency of captive power plants and boilers in different textiles, steel mills and dying factories in the private sector. NBFIs allowed to collect fixed deposit for 3 months The central bank has relaxed its rules, allowing the non-banking financial institutions (NBFIs) to collect fixed deposit from individuals and organizations for three months instead of six months earlier. Under the amended rules, the NBFIs are allowed to collect deposit from individuals and organizations for three months, which will not be allowed premature encashment. On March 9, 2010, the BB relaxed its rules allowing the NBFIs to receive fixed deposit from individuals and institutions for six months instead of 12 months earlier. Currently, 31 NBFIs are running their business in the country. Five new banks become primary dealers of government securities Five newly-established commercial banks on Sunday got listed with the central bank as primary dealers of the government securities. The five banks are NRB Commercial Bank, South Bangla Agriculture and Commerce Bank, Midland Bank, Farmers Bank and Meghna Bank. The banks participated in an auction of the government securities on Sunday for the first time. The five banks, however, had sought six more months before their enlistment as PD banks, but the central bank had rejected their pleas Hefty borrowings on cards for next fiscal’s draft budget The Finance Ministry has taken the task of preparing the draft budget for fiscal 2014-15 depending on hefty borrowings from the banks to meet the deficits. According to the Finance Ministry estimates in fiscal 2014-15 the deficit could reach BDT 673.5 billion, equivalent to 5.0% of the gross domestic product, up from current fiscal’s 4.6%. And the finance ministry plans to meet BDT 431.6 billion from domestic borrowings, BDT 329.5 billion from banks and the rest from non-banking sources including savings instruments. The draft budget for the next fiscal, the preparation of which has been taken at hand seven months before the current fiscal ends in June 2014, on the assumption that an ambitious 8.0% GDP growth would be achieved in 2014-15 keeping inflation at 6.0%.
FORTHCOMING RECORD DATES
1 JAMUNAOIL 6.00 90%C,10%B Saturday, January 25, 2014 Wednesday, December 04, 2013
2 POWERGRID 6.00 15%C Saturday, January 18, 2014 Sunday, December 01, 2013
Debabrata Kumar Sarker [email protected]
Fatema Akter Merry [email protected]
Ashakur Rahman Khan [email protected]
BRANCH LOCATION & CONTACT NUMBERS
Date of AGM/EGM or
Subscription PeriodRecord Date
BRAC EPL INVESTMENTS LIMITED RESEARCH TEAM
Note: C= Cash Dividend; B=Bonus Dividend; R=Right; NA=Not Applicable
Dividend (%)/Ratio
of Right Issue Year End TICKERSL
Registered Office WW Tower, (Level-9)
68 Motijheel C/A, Dhaka-1000 Phone: +88 02 9514721- 07
Fax: +88 02 9553306-07
Corporate Head Office House 18, Road 123
Gulshan Dhaka 1212.
Phone: +880 (2) 8829241, 8829253, 8829268
Gulshan Branch 121/B Gulshan Avenue, Dhaka-1212
Phone: + 88 02 8819426-7 Fax: +88 02 8819426-7
Chittagong Branch Ayub Trade Centre (8th Floor) 1296/B Sheikh Mujib Road
Agrabad Commercial Area Chittagong, Bangladesh.
Phone: +88 031 2512908-12 Fax: + 88 031 2512917
Sylhet Branch Firoz Centre (2nd Floor)
891/KA, Chowhatta, Sylhet. Phone: +0821 2831684, 2831675
2831690, 2831774 Extensions: 115,117, 120 Mobile: +8801730703946
Fax: +0821 2831763
Motijheel Branch DSE Annex Building (9th Floor) 9/E Motijheel C/A, Dhaka- 1000
Phone: +88 02 956 1070, 956 1232, 956
4959, 956 9302, 956 7086 Fax: + 88 02 956 4991, 956 2254
Disclaimer:
This report has been prepared by BRAC EPL Investments Limited (BEIL) and is provided for information purposes only. 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. BEIL provides no absolute assurance 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.