The share prices of some 'Z' category companies rose abnormally on Sunday though the companies have recommended no dividend for the year ended on June 30, 2018.
The companies are Jute Spinners, Zeal Bangla Sugar Mills, Savar Refractories, Meghna Pet Industries, Shyampur Sugar Mills, Samata Leather Complex, Dulamia Cotton Spinning Mills and Alltex Industries.
The share prices of these companies rose between 7.05 per cent and 10 per cent on the day on Dhaka Stock Exchange (DSE).
Except Jute Spinners, the other companies have recommended 'No' dividend for the year ended on June 30, 2018.
The share price of Jute Spinners jumped to Tk 127.60 on Sunday with a rise of 10 per cent or Tk 11.60 on the DSE.
A total of 4,316 shares changed hands through 32 trades. The company will hold its board meeting today (Monday).
The share price of Zeal Bangla Sugar Mills advanced 9.83 per cent or Tk 3.50 to close at Tk 39.10 each.
Some 14,295 shares changed hands through 44 trades on the DSE.
The share price of Savar Refractories rose 7.05 per cent or Tk 7.30 to close at Tk 110.70 on Sunday.
A total of 5,748 shares were transacted through 67 trades on the DSE.
The share price of Meghna Pet Industries rose 9.74 per cent or Tk 1.50 to close at Tk 16.90.
Of other 'Z' category companies, the share price of Shyampur Sugar Mills rose 9.72 per cent to close at Tk 31.60, Samata Leather Complex 9.71 per cent to close at Tk 57.50, Dulamia Cotton Spinning Mills 8.76 per cent to close at Tk 36.10 and Alltex Industries 8.75 per cent to close at Tk 8.70.
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