MNCs shed up to 11pc on DSE

Shares in most listed multinational companies (MNCs) slumped in the last week -- up to 11 per cent -- amid continuous price correction witnessed by Dhaka Stock Exchange (DSE).

Of 12 listed MNCs, share prices of 10 firms declined while the two others saw their prices go up.

Of the companies, Heidelberg Cement Bangladesh witnessed the highest price correction of 11 per cent. Its share price closed at Tk 319.60 each on Thursday, the last day of the week.

LafargeHolcim Bangladesh shed 8.03 per cent to close at Tk 88.20 each on Thursday.

The share price of Singer Bangladesh fell 7.2 per cent to finish at Tk 174.10 each on Thursday.

RAK Ceramics (Bangladesh) saw a loss of 6.6 per cent as it closed at Tk 45.20 each on Thursday.

Linde Bangladesh declined 4.4 per cent to settle at Tk 1528.40 each on Thursday.

The share price of Bata Shoe Company (Bangladesh) closed at Tk 881 each on Thursday, shedding 2.2 per cent.

Berger Paints Bangladesh declined 0.9 per cent, Grameenphone 0.4 per cent, Reckitt Benckiser (Bd.) 0.4 per cent and British American Tobacco Bangladesh Company 0.3 per cent during the week.

However, share prices of Unilever Consumer care and Marico Bangladesh gained 2.4 per cent and 0.3 per cent respectively.

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