Floor price: Shares of 28 companies declined

Senior Reporter: Of the 30 new companies that have raised the floor price in the Bangladeshi capital market, shares of 28 companies have declined in the transaction till Monday; Increased two.

Last Thursday, in the budget announcement for the fiscal year 2021-22, the regulatory body raised the floor prices of 30 new companies. The Bangladesh Securities and Exchange Commission raised the floor prices of a total of 97 companies, including the previous six.

After handing over the floor price of 30 new companies, transactions took place in the capital market of Bangladesh for two days.

It has been seen that the share price of most of the companies has come down to the maximum limit. The exceptions were Apex Footwear Limited and Apex Tannery Limited. The share prices of these two companies have risen.

It was decided on March 19 last year to fix the lowest share price or floor price in the capital market of Bangladesh to prevent the fall in the price of coronavirus.

Five days before March 19, the closing price of each company’s shares is the average floor price of the company’s shares.

About 11 months later, in February this year, the capital market regulator of Bangladesh did not decide to change the floor price of the company after announcing the bonus or right share by keeping the floor price normal.

After that, from April 6 this year, the regulatory body completely lifted the floor price of that company.

Fearing a big fall, the regulator issued new rules on April 10, saying the company’s share price could fall by a maximum of 2 per cent a day if the floor price is raised. Can increase 10 percent.

The prices of new companies have gone up and down

Renwick Yajneshwar & Company’s floor price was 900 rupees, down 35 rupees 60 paise in two days. It has been reduced to 74 rupees 40 paise.

The floor price of Munnu Agro and General Machineries Limited was 694 rupees 60 paise and in 31 days it was 31 rupees 40 paise. It has been reduced to 63 rupees 40 paise.

The floor price of Bata Sue Company was 693 rupees 20 paise and decreased by 28 rupees 30 paise in two days. 75 rupees 90 paise has been reduced.

The floor price of Kahinur Chemical was 472 rupees 60 paise and in two days it has decreased by 16 rupees 60 paise. Decreased 454 rupees 20 paise.

The floor price of Northern Jute was 324 rupees 90 paise and in two days it has decreased by 12 rupees 80 paise. 312 rupees 10 paise has been reduced.

The floor price of standard ceramics was 306 rupees 90 paise and decreased by 12 rupees 10 paise in two days. 295 60 paise has been reduced.

The floor price of Wata Chemical Limited was 308 rupees 60 paise and decreased by 12 rupees 10 paise in two days. 294 60 paise has been reduced.

The floor price of Sonali Paper was Tk 283, down by Tk 10.60 in two days. 262 rupees 30 paise has been reduced.

The floor price of Apex Footwear was 219 rupees 30 paise and increased by 2 rupees 60 paise in two days. It has increased to 222 rupees.

The floor price of K&Q Limited was 206 rupees 40 paise and decreased by 8 rupees 10 paise in two days. Decreased 199 rupees 30 paise.

The floor price of Bangladesh Autocar was 148 rupees 30 paise and decreased by 5 rupees 60 paise in two days. Decreased by 141 rupees 80 paise.

The floor price of Style Craft was 148 rupees 30 paise and decreased by 5 rupees 60 paise in two days. It has been reduced to 140 rupees 60 paise.

The floor price of Gemini Sea Foods was 144 rupees 30 paise and decreased by 5 rupees 20 paise in two days. 139 rupees 10 paise has been reduced.

The floor price of Eastern Cables was 140 rupees 10 paise and decreased by 5 rupees 50 paise in two days. Decreased to 134 rupees 80 paise.

The floor price of Apex Spinning was 130 rupees 60 paise and decreased by 5 rupees 10 paise in two days. It has been reduced to 125 rupees 60 paise.

Munnu Ceramic’s floor price was Tk 126.70 and in two days it was Tk 4.90. Decreased to 121 rupees 90 paise.

Bangaj Limited’s floor price was 118 rupees 90 paise in two days 4 rupees 50 paise. It has been reduced to 112 rupees 40 paise.

The floor price of CVO Petrochemical was 115 rupees 40 paise and decreased by 4 rupees 50 paise in two days. It has been reduced to 110 rupees 90 paise.

The floor price of Atlas Bangladesh was 109 rupees 40 paise and decreased by 4 rupees 30 paise in two days. 106 rupees 10 paise has been reduced.

The floor price of Apex Tannery was 106 rupees 90 paise and increased by 1 taka 50 paise in two days. It has increased by 107 rupees 40 paise.

The floor price of Samata Leather was 106 rupees 90 paise and decreased by 2 rupees 10 paise in two days. 104 rupees 80 paise has been reduced.

The floor price of National Tubes was 103 rupees 10 paise decreased by 4 rupees in two days. Decreased to 99 rupees 10 paise.

The floor price of Aziz Pipe was 96 rupees 50 paise and in two days it has decreased by 3 rupees 60 paise. It has been reduced to 93 rupees 60 paise.

Sea Pearl Beach’s floor price was 69 rupees 10 paise, down 3 rupees in two days. Decreased 8 rupees 10 paise.

The floor price of Haqqani Pulp was Tk 74. In two days it has decreased by Tk 2.60. It has been reduced to 61 rupees 20 paise.

Orion Infusion’s floor price was 82 rupees 10 paise in two days decreased by 2 80 paise. Decreased 69 rupees 30 paise.

The floor price of Legacy Foot Footwear was 82 rupees 90 paise and decreased by 2 rupees 40 paise in two days. Decreased 80 rupees 50 paise.

The floor price of SK Trim was 82 rupees 20 paise and decreased by 1 taka 70 paise in two days. It has been reduced to 56 rupees 60 paise.

The floor price of National Polymer was 57 rupees 60 paise and decreased by 2 rupees 20 paise in two days. It has been reduced to 54 rupees 40 paise.

The floor price of Daffodil Computers was 53 rupees 40 paise and decreased 30 paise in two days. It has been reduced to 53 rupees 10 paise.


Source: Daily StockBangladesh by www.dailystockbangladesh.com.

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