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Apex Foods stands top with a 27.7% rise

Industry: Consumer & Retail, Food
Company: Apex Foods Limited
Company Intelligence Tag: Business Insights

Apex Foods shares experienced an impressive rally, surging by 27.7%, making it the top weekly gainer on the Dhaka Stock Exchange (DSE). Starting at Tk230 in the last week of March, the low-cap stock reached Tk525 on Thursday morning before closing at Tk490, due to its growth in the latest quarterly profits. Hwa Well Textile shares also performed well, rising by 24.81% and closing at Tk64.4 apiece.

Miracle Industries, despite suffering losses, came in third as its shares gained 22.22% last week amid directors’ share selling to another institutional investor. Additionally, Simtex Industries, a textile firm, saw its shares rise by 21.94%, while IT company Agni Systems’ shares rallied by 18.29% in a week. Rounding out the top ten gainers list were Shurwid Industries, Apex Spinning, Intraco Refueling, Yeakin Polymer, and Midland Bank.

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