The jute sector has witnessed the highest rise in market price during the last week on the Dhaka Stock Exchange (DSE).
Some major sectors such as bank, financial institution, fuel & power and telecommunication sustained correction between 0.7 per cent and 4.2 per cent.
But the jute sector comprising three listed companies advanced 20 per cent on the premier bourse.
The share price of Jute Spinners, a 'Z' category company, closed at Tk 116 each on Thursday with a rise of 9.95 per cent or Tk 10.50 on the DSE.
The company also witnessed moderate rise in other sessions of last week. At the end of the week, the company's share price rose 21.72 per cent or Tk 20.70 compared to closing price of the previous week.
The company has informed that its board meeting will be held on November 12, 2018 to consider, among others, audited financial statements for the year ended on June 30, 2018.
The share price of Northern Jute Manufacturing Company closed at Tk 839.10 each on Thursday with a rise of 2.90 per cent or Tk 23.70.
In five sessions of last week, the company's share price advanced 26.23 per cent or Tk 174 compared to closing price of previous year.
In September last, the company was placed in 'Z' category from 'A' category for recommending 'no dividend' for the year ended on June 30, 2018.
The share price of Sonali Aansh Industries, an 'A' category company, closed at Tk 310.90 each on Thursday with a rise of 3.90 per cent or Tk 11.70.
In five sessions of last week, the company's share price advanced 7.57 per cent or Tk 21.90 to close at Tk 310.90 each on the DSE.
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