Dhaka, Bangladesh (BBN) – A total of 14 new securities were listed in the stock market this year against 15 of the previous calendar year, despite sluggish trend throughout the year, market operators said.
Among the fourteen new issues—ten were from equity securities and four from mutual funds or investment securities, according to data from Dhaka Stock Exchange (DSE).
The value of public offerings and pre-IPO (Initial Public Offering) placements was around BDT 13.47 billion through issuance of 1.05 billion shares and units.
In 2011, the public offerings and pre-IPO value of 15 issues were of BDT 12.50 billion.
The new securities which found their way into the stock market in 2012 are: AB Bank First Mutual Fund, NLI First Mutual Fund, First Bangladesh Fixed Income Fund, GSP Finance, Padma Life Insurance, GPH Ispat, NCC Bank First Mutual Fund, GBB Power Ltd, Submarine Cable Company Ltd, Saiham Cotton Mills, Unique Hotel and Resorts, Aamra Technologies, Generation Next fashion and Envoy Textile Ltd.
One more issue—Sunlife Insurance– is expected to be listed in the stock market within the end of this month (December), according to DSE officials.
BBN/SSR/AD-26Dec12-10:36 am (BST)