Abnormal price hike of BIFC.

Date:

Post View:

Abnormal price hike of BIFC.

The investigation of Dhaka Stock Exchange (DSE) has revealed that the share price of Bangladesh Industrial Finance listed in the stock market is increasing at an unusual rate. Hence investors should be aware before investing in the company.

It is known that the DSE authorities have sought an explanation from the company authorities regarding the increase in the share price of Bangladesh Industrial Finance. In response to DSE’s clarification summons, the company recently informed that its share price is increasing without any undisclosed price sensitive information.

Note that Bangladesh Industrial Finance’s share price was 7.2 on September 18. Which stood at Tk 11 after the transaction on October 15. That is, in 17 working days, the price of the share increased by 3.8 taka or 53 percent.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_img

Popular

More like this
Related

Stock market shows signs of hope amid decline as turnover falls

B Mirror Report:The country’s stock market began the first...

BB to open fake note verification booths at Eid cattle markets

B Mirror Report:  Bangladesh Bank (BB) has instructed all...

TCB to start nationwide truck sale ahead of Eid-ul-Azha

B Mirror Report: The Trading Corporation of Bangladesh (TCB)...

BGMEA GIZ sign MoU to boost sustainability RMG sector

B Mirror Report: The Bangladesh Garment Manufacturers and Exporters Association...