New Line Clothing tops weekly price decline at DSE

by times news cr

2024-09-07 22:39:48

Senior Correspondent || risingbd.com

Published: 13:02, 7 September 2024

Among the companies and mutual funds that participated in trading on the country’s main capital market Dhaka Stock Exchange (DSE) in the outgoing week (September 1 to 5), the share price of New Line Clothing Limited, a company listed in the textile sector, fell the most.

New Line Clothing tops weekly price decline at DSE

The company’s shares topped DSE’s weekly price decliners list as investor interest waned.

This information was revealed on the basis of DSE’s weekly market review on Saturday (September 7).

According to the data, the share price of the company fell by 27.31 percent in the outgoing week. The closing price of the company’s shares was Rs 45.40 in the previous week. And at the end of the farewell week, the closing price of the unit of the fund stood at 33 rupees. As a result, the fund’s unit topped DSE’s weekly price decliners list.

Among the other companies that topped the list of weekly price decliners on DSE were Khulna Power 19.17 percent, Shine Pukur Ceramics 16.36 percent, Coppertech Industries 16.03 percent, Yakin Polymers 15 percent, Orion Infusion 14.29 percent, Beximco Sukuk 14. 00 percent, DBH First Mutual Fund by 13.33 percent, EBL First Mutual Fund by 12.50 percent and Jute Spinners by 11.93 percent.

Dhaka/NT/Tipu

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