National Life, 8 mutual funds to go to spot market Wednesday

Trading of the shares of National Life Insurance Company Ltd and eight mutual funds will be allowed in the spot market from Tuesday.

Block transactions for the shares will also be settled as per spot settlement cycle with cum benefit from August 26 to August 27.

Dhaka Stock Exchange (DSE) confirmed the information on its website on Tuesday.

The eight mutual funds are - ICB AMCL First Agrani Bank Mutual Fund, ICB AMCL Sonali Bank Limited 1st Mutual Fund, IFIL Islamic Mutual Fund-1, ICB AMCL Third NRB Mutual Fund, Phoenix Finance 1st Mutual Fund, Prime Bank 1st ICB AMCL Mutual Fund, ICB Employees Provident Mutual Fund One, ICB AMCL Second Mutual Fund.

Trading of the units will remain suspended on the record date scheduled for August 31.