Though there is a fall in the capital market, the prices of the listed Monno Jute Stufflers are increasing at an abnormal rate. The price of the company's face value of Tk 10 is upwards of 4,500 rupees.
The Dhaka Stock Exchange (DSE) will take stern action after considering the reason behind the sudden increase in the price of Munno Jute Staphlers shares, said the director of the company Jago News. Rakibur Rahman.
However, the Securities and Exchange Commission (BSEC), the regulatory body of the capital market, in the name of investigation in April, in view of the unusual price increase of the company's shares. But BSEEC's "investigation" has been limited to investigations. As a result, the price of Munno Jute shares was more windy.
Now, if the price of shares of the face value of 10 rupees exceeds four and a half thousand rupees, the BSEC has decided not to investigate the matter again.
Regarding the executive director and spokesman of the company said. Saifur Rahman told Jago news, "We are not saying anything at the moment, but let's see." The price of some shares is increasing every day. It's just writing about them. The stock exchange quarries.
For more than a year, the prices of Munno Jute Stufflers are increasing. But in the beginning, the price of the stock rose at a small rate, but in April of this year it was increasingly unnatural. BSEEC formed a probe committee in April to look into the reasons for the rising price of the company when the price of the company exceeds 900 rupees.