United Airways was the most in-demand share on the Dhaka Stock Exchange yesterday as the rumours were spreading that the private carrier is planning to make a comeback after three years.
The stock price rose Tk 2.20, up 10 percent from the previous trading day, topping the gainers’ list on the day.
Some 36.43 lakh shares of the out of service airline amounting to Tk 80.16 lakh changed hands thanks to the higher demand. There was hardly any seller of the stocks.
United Airways began its commercial operation in 2007 and flight operations have remained suspended since 2016 due to unavailability of aircraft, among other reasons.