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Foreign investors have continued to offload their holdings in Marico Bangladesh Limited, an India-based multinational personal care manufacturer, selling around 3.15 lakh shares worth approximately BDT85 crore between March and August this year.
According to Dhaka Stock Exchange (DSE) data, foreign investors’ stake in the company fell from 1.91% in March to 0.91% in August, a decline of 1% point in the company’s total outstanding shares.
The monthly figures show a steady sell-off, with foreign holdings declining to 1.85% in April, 1.80% in May, 1.53% in June and 0.99% in July before reaching 0.91% in August.
https://www.tbsnews.net/economy/stocks/foreign-investors-offload-tk85cr-marico-shares-six-months-1548551
