Monday, November 28, 2022

E-commerce firm Blibli up nearly 5% in Indonesia stock debut

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  • Shares rose 4.9% to as high as 472 rupiah in its Indonesia Stock Exchange debut on Tuesday, in the country’s second-largest initial public offering this year.
  • In early afternoon trade, the stock was trading at about 452 rupiah.
  • The listing comes amid global macroeconomic headwinds and instability in tech stock prices.

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Disclaimer: This story is generated from RSS Feed and has not been created or edited by Waba News. Publisher: CNBC

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