JAL shares climb on return to market
Japan Airlines rose as much as 3 per cent on its return to trading in Tokyo following a 663 billion yen (HK$65.34 billion) initial public offering, making it Asia's third-biggest carrier by market value.
The company climbed as high as 3,905 yen from an offer price of 3,790 yen. It was at 3,830 yen at the close of trade yesterday.
The benchmark Nikkei-225 Index rose 1.4 per cent. The Tokyo-based carrier has a market value of US$8.77 billion.
via Business feed http://www.scmp.com/business/companies/article/1040913/jal-shares-climb-return-market