Share price of BDCOM doubled in eight business days

২৪ সেপ্টেম্বর, ২০২২ ১৯:৩০  

Dhaka Stock Exchange (DSE), the main stock market of the country, has sent a notice to the internet service provider listed in the stock market due to the sudden increase in share prices. Along with that, based on the information provided by the company authorities, DSE has also published a warning message to the investors. But even then, the trend of rising share prices did not stop. In addition, during the last week, BDCOM Online became the top choice of a class of investors in the stock market.

In this case, even though there were buy orders for a large number of shares of the company at the highest price of the day for several working days, the sell order room was empty. As a result, the company has topped the price hike on DSE.

According to DSE sources, the share price of BDCOM Online increased by 52.62 percent during the last week. The amount has increased by 19 taka 10 paisa. At the end of the last working day of the week, the price of each share stood at 55 taka 40 paise, which was 36 taka 30 paisa on the last working day of the previous week.

Dhaka Stock Exchange (DSE), the main stock market of the country, says that such an increase in the price of the company's shares is unusual. And the company authorities said that they do not know the reason behind the increase in the share price.

The trend of the company's share price increase started last September 13. On September 12, the price of each share of the company was 32 taka 10 paisa. From there, 55 taka increased to 40 paise.

In view of the notice sent by the DSE on September 19, the BDCOM authorities said that they do not have any undisclosed price-sensitive information related to the unusual increase in share prices and transactions recently.