Monno Ceramic’s share price rose by 5.51% to Tk93.90 during the morning session on 15 July, following the company’s announcement of a new export plan targeting the US market.
In a disclosure to the Dhaka Stock Exchange (DSE), Monno Ceramic confirmed it has signed a vendor enlistment agreement with LENOX Corporation USA to export porcelain and bone china tableware products.
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The development comes amid continued uncertainty over the US’s 35% reciprocal tariff on Bangladeshi products. Despite this, the news boosted investor confidence, reflecting optimism about the company’s international growth strategy and potential new revenue streams.