Unusual rise in shares of Dhaka Dyeing

Staff Reporter: There is no price sensitive information behind the unusual increase in the share price of Dhaka Dyeing Limited. When the DSE wanted to know the reason for the abnormal rise in the price of the company’s shares, the company said so. According to the Dhaka Stock Exchange website on Sunday (June 8).

Documentary taken from DSE website

According to sources, the DSE sent a notice on June 2 due to the recent abnormal rise in the share price of Dhaka Dyeing. In response, the company said the share price was rising without any undisclosed price sensitive information.

Market observation shows that the share price of Dhaka Dyeing on DSE on May 9 was 11 rupees 30 paise. On June 3, the company’s share price rose to 18 rupees 10 paise. The market authorities consider the increase in the company’s price to be unusual.

Source: Daily StockBangladesh by www.dailystockbangladesh.com.

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