Monday was the last day to participate in the subscription process for Robi's IPO worth Tk 5.23 billion. According to the CDBL, the number of BO accounts has seen 6.25 percent growth with at least 146,034 new accounts opened in the last 30 days. All BO accounts have been opened in a bid to invest in Robi's IPO, said Rakibur Rahman, director of Dhaka Stock Exchange. “At least 400,000 new BO accounts were opened when the Grameenphone IPO was initiated. While these had an impact on the surge in BO accounts, it did not match up to Robi's influence on the stock market.

Source: bd News24 November 24, 2020 07:52 UTC