All Beximco’s listed companies saw volatility in their share prices. The share price of Bangladesh Export Import Company (Beximco) has been stuck on the floor for a long time. As a result, there is no chance for the current rate to fall more than 115 taka 60 paisa. And there are no customers to buy shares of the company at a price higher than this rate.

Share prices of two other companies of this group, Shinepukur Ceramics and Beximco Pharmaceuticals, have fallen almost every day. Shares of both companies lost up to the circuit breaker maximum (3%) on most days. If there had been a normal time circuit breaker (10%), the share price might have gone down even more.

According to sources, the share price of Shinepukur Ceramics fell by 7.30 paisa (22.67%) in the first 11 working days of this month. During this time, the company’s share price lost every day. The company’s share price fell by 70 paisa (2.73%) on the last working day of last week (August 15) to last trade at 24 taka 90 paisa. Earlier on August 1, the share price of the company was 32 taka 20 paisa.

On the other hand, shares of Beximco Pharmaceuticals fell for 9 consecutive working days. After a slight rise on August 14, the next day (August 15), the share price fell again. All in all, the share price of this company decreased by 23 taka (21.21%) till last Thursday. Shares of Beximco Pharmaceuticals fell by Tk 2.60 (2.95%) on the last working day of last week. The latest share price of the company stood at 85 taka 40 paisa.

Salman F Rahman has been accused of unprecedented corruption, looting, fraud and money laundering in the financial sector in the last 15 years. It is known that Salman F Rahman is involved in every big scandal in the capital market of the past years. He has siphoned huge sums of money from the capital market both publicly and privately.

Source- Dhaka Stock Exchange