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The Financial Express

Most MNCs see marginal price correction at DSE

| Updated: March 02, 2022 10:52:07


Most MNCs see marginal price correction at DSE

Majority number of listed multinational companies (MNCs) saw marginal price correction in last week amid a large fall observed in broad index of Dhaka Stock Exchange (DSE).

Of 12 MNCs, the share prices of 11 declined ranging between 0.31 per cent and 7.22 per cent per share in four sessions of the last week.

Majority number of securities listed with the premier bourse DSE also saw price correction in last week amid the ongoing bearish trend of the market.

Of the companies, the share price of British American Tobacco Bangladesh Company (BATBC) closed at Tk 616.80 each on Thursday. The company's share price closed at Tk 622.80 each in the closing session of the previous week.

As a result, the company share price declined 0.96 per cent in four sessions of the outgoing week.

The share price of RAK Ceramics (Bangladesh) declined 0.38 per cent in last week and closed at Tk 51.20 each on Thursday.

The company's share trading remained suspended on Thursday due to record date to be entitled for 12.50 per cent cash dividend for the year ended on December 31, 2021. The company's share trading will resume today (Sunday).

The share price of Bata Shoe Company (Bangladesh) closed at Tk 902.80 each on Thursday.

During the week, the company's share price declined 0.31 per cent or Tk 2.80 from the closing price of the previous week.

The share price of Singer Bangladesh on Thursday closed at Tk 158.10 each which was Tk 163.20 each in the closing session of the previous week.

As a result, the company's share price declined 3.13 per cent or Tk 5.10 in four sessions of the outgoing week.

The share price of Berger Paints Bangladesh closed at Tk 1778.60 each on Thursday with a marginal correction of 0.69 per cent.

The company's share price closed at Tk 1818.70 in the closing session of the previous week.

As a result, the company's share price declined 2.20 per cent or Tk 40.10 in four sessions of the outgoing week.

The share price of LafargeHolcim Bangladesh closed at Tk 71.90 each on Thursday with a loss of 2.84 per cent or Tk 2.10.

In last week, the company's share price declined 7.22 per cent or Tk 5.6 compared to the closing price of the previous week.

Heidelberg Cement Bangladesh saw a correction of 2.37 per cent or Tk 7.0 per share in last week and finally the company's share price closed at Tk 287.90 each on Thursday.

The share price of Grameenphone closed at Tk 341.90 each on Thursday with a loss of 3.80 per cent or Tk 13.50.

The company's share price closed at Tk 356.80 each in the closing session of the previous week.

As a result, the company's share price declined 4.17 per cent or Tk 14.9 in four sessions of the outgoing week.

On Thursday, the share price of Marico Bangladesh closed at Tk 2398.60 each with a loss of 0.71 per cent or Tk 17.10.

During the week, the company's share price declined 0.30 per cent from the closing price of the previous week.

On Thursday, the share price of Unilever Consumer Care closed at Tk 3168.30 each which was Tk 3113.10 in the closing session of the previous week.

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