Welcome to Business Outlook
Related Articles
Multinational companies suffered losses between 7.25 per cent and 62.23 per cent in last one year until March 25 this year in tandem with the price erosion by most of the local companies.
Of the 11 multinational companies listed on local bourse, prices of eight firms witnessed price correction while three saw marginally higher trend in the last one year between March 25, 2019 and March 25, 2020, according to Dhaka Stock Exchange data.
Of the listed MNCs, Heidelberg Cement witnessed the highest price erosion, losing 62.23 per cent close at Tk 140 on March 25, 2020, the last trading session before the government-announced shutdown.
The share price of British American Tobacco Bangladesh Company (BATBC) slumped 42.17 per cent during the year under review to close at Tk 907.60 each on March 25, 2020.
(FE)
