Bangladesh, July 17 -- The Bangladesh Securities and Exchange Commission (BSEC) has ordered detailed investigations into suspicious trading activities involving the shares of three listed companies after sharp price gains within a short period.

The companies are Malek Spinning Mills Ltd, Zeal Bangla Sugar Mills Ltd, and Apex Weaving and Finishing Mills Ltd

Shares of Malek Spinning Mills surged 35 per cent to Tk 45.50 between June 22 and July 14 while Zeal Bangla Sugar Mills jumped 48 per cent to Tk 235.40 between June 18 and July 15.

Meanwhile, Apex Weaving and Finishing Mills climbed 49 per cent to Tk 14.10 per share between May 19 and July 16.

In three separate directives issued on July 16, the market regulator instructed the Dhaka...