Robi's headquarters in Dhaka's GulshanCourtesyAs is practice, Robi’s shares trading under the N categoryShares of Robi Axiata Ltd, the second-largest mobile phone operator, have up 50% on its the much-awaited debut on the country’s prime bourse, Dhaka Stock Exchange (DSE). Prices per share rose to Tk15 from Tk10, shortly after the stock started trading on the Dhaka bourse on Thursday. As is practice, Robi’s shares trading under the N category. The window closed on November 23, with applications exceeding the amount that Robi intends to raise by 5.74 times. Last month, Robi posted a 77.2% slump in profit between July and September from a year earlier.

Source: Dhaka Tribune December 24, 2020 07:44 UTC