Brewery Stock Boosts BISX

The Bahamas International Securities Exchange (BISX) will see its total market capitalisation boosted back over the $3 billion level with the $250 million addition of Commonwealth Brewery, whose stock will begin trading tomorrow.

The company, which will trade under the symbol CBB on the BISX Automated Trading System, will list 30 million shares at a $8.33 opening price following completion of its $62.5 million initial public offering (IPO).