Weekly sector-wise review

Ceramics sector witnessed the highest price appreciation in last week amid the price correction displayed by most of the sectors.

The sector comprising five companies posted 7.8 per cent return in market capitalisation in five sessions executed on the Dhaka Stock Exchange (DSE).

Of five companies, the share price of three companies rose ranging from 7.61 per cent to 39.28 per cent, whereas the share price of two other companies declined up to 30.88 per cent.

Of the companies, the share price of Fu-Wang Ceramic Industries declined 15.11 per cent or Tk 1.3 to close at Tk 7.30 each on the prime bourse.

The company has recommended 1.0 per cent cash dividend for the year ended on June 30, 2019.

The share price of Monno Ceramic Industries advanced 10.41 per cent or Tk 15 to close at Tk 159 each.

The company's board of directors has recommended 10 per cent cash and 10 per cent stock dividend for the year ended on June 30, 2019.

The share price of RAK Ceramics (Bangladesh) rose 7.61 per cent or Tk 2.20 to close at Tk 31.10 each.

The share price of Shinepukur Ceramics closed at Tk 9.40 each with a loss of 30.88 per cent or Tk 4.2 from the closing price of the previous week.

The company has recommended no dividend for the year ended on June 30, 2019.

Standard Ceramic Industries witnessed the highest return in share price. During the week, the company's share price advanced 39.28 per cent or Tk 161.60 to close at Tk 573 each.

The company has recommended 5.0 per cent cash dividend for the year ended on June 30, 2019.

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