BDCOM Online streaks 86 per cent

Share price of BDCOM Online jumped 86 per cent in two consecutive sessions despite having no undisclosed price sensitive information (PSI).
The company topped the chart of top 10 gainers in previous two sessions executed on Dhaka Stock Exchange (DSE).
During the outgoing week, the company's share price soared 31.20 per cent in five sessions and closed at Tk 45 on Thursday.
In previous week, the company saw a price hike of 41.74 per cent and closed at Tk 34.30 each on March 10.
In response to a DSE query dated March 09, 2022, the company has informed that there is no undisclosed PSI for recent unusual price hike and increase in volume of shares.
On March 10, the company repeated its response saying that there is no undisclosed PSI for recent unusual price hike and increase in volume of shares.
Some other IT companies also rose during the outgoing week.
Of the companies, the share price of Agni Systems advanced 13.38 per cent or Tk 3.40 and closed at Tk 28.80 each on Thursday.
The share price of aamra networks rose 13.12 per cent or Tk 5.80 in last week and closed at Tk 50 each on Thursday.
The share price of aamra technologies went up by 15.49 per cent or Tk 5.5 and closed at Tk 41 each on Thursday.
Apart from seeing abnormal price hike, BDCOM Online also witnessed increased participation from investors during the outgoing week.
In last week, the company was the number two turnover leader after featuring a value of Tk 1.18 billion.
During the week, the company contributed 3.03 per cent in total market turnover posted by the DSE.
Apart from the BDCOM Online, three other companies of IT sector saw increased participation in last week and were placed in the chart of weekly top turnover leaders.
Of the companies, Agni Systems featured a turnover of Tk 759.95 million and grabbed 1.96 per cent of the weekly turnover value.
aamra technologies posted a turnover of Tk 715.34 million and captured 1.84 per cent of the weekly market turnover.
aamra networks grabbed 1.53 per cent of the weekly market turnover after featuring a value of Tk 592.79 million.
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