Bangladesh, July 13 -- The share price of the listed lubricant blender, Eastern Lubricants, rose to a six-month high of Tk 1,969.30 per share on Sunday as investors went on an aggressive buying spree following the news of the addition of a new product to its product portfolio.

Advertisement According to a stock exchange filing on Sunday, the state-owned Eastern Lubricants Blenders signed a contract a few days ago to distribute USA brand ERGON's transformer oil in Bangladesh.

Currently, the company sells lubricating oil, greases, base oil and bitumen. The transformer oil is a new addition to its portfolio.

Following the news, investors started aggressively buying shares of Eastern Lubricants. The transaction volume of the stock jumped ...