Fu-Wang Foods leads the turnover chart on Sunday
Regarding the sudden hike in share prices, the company said, there is no undisclosed price-sensitive information.
Fu-Wang Foods, a confectionary foods manufacturer in the country, led the turnover chart at the Dhaka Stock Exchange (DSE) on Sunday.
According to DSE data, the turnover value of Fu-Wang Foods stood at Tk68.10 crore, which was followed by Lub-ref (Bangladesh) at Tk58.82 crore and Associate Oxygen at Tk37.47 crore.
On Sunday, Fu-Wang Foods' shares price jumped by 1.40 to Tk43.50 each.
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Since 2 July, each share price jumped by 85% or Tk20.
Regarding the sudden hike in share prices, the company said, there is no undisclosed price-sensitive information.
Fu-Wang Foods manufactures bread, biscuits, noodles, snacks, mini-snacks, chocolates, energy drinks, and other food items.
Besides, its existing products, targeting Ramadan, in January this year, the company had set up a new production line to produce puffed rice.
Earlier, Minori Bangladesh, a subsidiary of the Japanese farming company Minori Co Ltd, took over Fu-Wang Foods by acquiring 7.61% of the sponsor directors shares last year, hoping for good potential.
