Multinational companies listed on Dhaka Stock Exchange posted a heavy gain in the last calendar year in comparison with that of previous year. There are 13 multinational companies listed on the Dhaka Stock Exchange (DSE) and these hold 34 percent of total market capitalization.
DSE data showed that 12 of listed companies’ price appreciated are between 4.88% to 345% and only 1 company experienced 22.5 percent price fall in the concluding year. Recently Lafarge and Holcim have been merged and as a result it earned the highest gain. Its opening price was only tk31 at the beginning which reached tk138 at the end of the year. Grammenphone stands next as its price increased 75.71 percent to tk 360. Berger Paint’s share rose at tk1400 from 850, British American Tobacco Bangladesh placed next to Berger Paints Bangladesh by gaining 62.5 percent resulting tk2600. The price of Bata Shoe increased 57.14 percent, Glaxo SmithKline 50 percent, Marico BD 42.85 percent, Linde BD 40.62 percent, Heidelberg Cement 28.21 percent, Reckitt Benckiser 16.67 percent; Fu-Wang Foods saw 7.35 percent and Singer Bangladesh witnessed 4.88 per cent though Fu-Wang Ceramics decreased 22.5 percent over the year.
According the analysts; brand reputation, well managed operation and quality along with positive trends in dividend declaration and surplus helped them to increase the profit. Analyst also thinks that these strong and positive trends of the companies attracted other investors to invest more. As a result top multinational companies have also declared a big amount of cash dividends.
DSE data showed that 12 of listed companies’ price appreciated are between 4.88% to 345% and only 1 company experienced 22.5 percent price fall in the concluding year. Recently Lafarge and Holcim have been merged and as a result it earned the highest gain. Its opening price was only tk31 at the beginning which reached tk138 at the end of the year. Grammenphone stands next as its price increased 75.71 percent to tk 360. Berger Paint’s share rose at tk1400 from 850, British American Tobacco Bangladesh placed next to Berger Paints Bangladesh by gaining 62.5 percent resulting tk2600. The price of Bata Shoe increased 57.14 percent, Glaxo SmithKline 50 percent, Marico BD 42.85 percent, Linde BD 40.62 percent, Heidelberg Cement 28.21 percent, Reckitt Benckiser 16.67 percent; Fu-Wang Foods saw 7.35 percent and Singer Bangladesh witnessed 4.88 per cent though Fu-Wang Ceramics decreased 22.5 percent over the year.
According the analysts; brand reputation, well managed operation and quality along with positive trends in dividend declaration and surplus helped them to increase the profit. Analyst also thinks that these strong and positive trends of the companies attracted other investors to invest more. As a result top multinational companies have also declared a big amount of cash dividends.
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