FE Today Logo
Search date: 03-10-2018 Return to current date: Click here

Trading of BD Autocars, Legacy Footwear in spot market from today

Monno Jute to remain suspended for 15 more days


FE Report | October 03, 2018 00:00:00


The securities regulator has lifted suspension from share trading of BD Autocars and Legacy Footwear.

The share trading of the companies will be conducted in spot market from today (Wednesday).

The Bangladesh Securities and Exchange Commission (BSEC) took the decision on Tuesday evening at a meeting held at the BSEC office.

"The suspension has been withdrawn from two companies considering the investigation report and the companies' dividend recommendations," a BSEC official said.

On August 16 last, the BSEC suspended the share trading of BD Autocars, Legacy Footwear and Monno Jute Stafflers for 30 days.

The companies' share trading was suspended following abnormal price hike and trade volumes.

At the same time, the BSEC has extended suspension period by more 15 days for Monno Jute Stafflers for the sake of further investigation.

[email protected]


Share if you like