The Chittagong Stock Exchange (CSE) is going to launch a new Index named “CSE SME INDEX” for its Small Capital Platform.
The existing five major indices and 18 sectoral indices will be jointly formed a new index for its Small Capital Platform namely “CSE SME INDEX”.
The CSE has already embarked its Small Capital Platform through debut trading of Nialco Alloys on June 10, 2021.
Nialco Alloys was the country’s first SME listed on the stock market. This index will be a free-float-based index and raised Tk 75 million through qualified investors’ offers. The short name of the Index will be “CSESMEX”.
The five SME companies that will make debut trading today on the CSE SME Platform are Master Feed Agrotec, Oryza Agro Industries, Bengal Biscuits, Apex Weaving & Finishing Mills, and Wonderland Toys.
The CSE Index Advisory Committee will review the index – its criteria, performance, and calculation method after every six months.
Source: Financial Express