Verified report from bloomberg.com
NewsMatic brief
Subdued retail demand for the IPO and the gray market indicating a gain of about 2%-3% suggest that a blowout first-day pop is unlikely.
NewsMatic provides a concise source-linked brief. The protected full report and continuing updates remain with the original publisher.
Read the full report at bloomberg.com →Related coverage
The Nikkei stock benchmark gained after a three-day holiday as Tokyo’s market caught up with a global AI-led rally. Climbing bond yields and a rise in oil prices weighed on broader risk appetite, however.
Read on NewsMatic →
Two weeks after putting his savings into a high-flying Turkish stock fund on the advice of a relative, Mehmed Kervanci was frantically hitting the sell button on his phone’s trading app.
Read on NewsMatic →
Hong Kong’s stock exchange will consult with stakeholders on a potential extension of stock trading hours that would align the bourse with major global markets.
Read on NewsMatic →
Equity analysts have turned net negative on the outlook for US corporate earnings for the first time in months, reflecting concerns about the effect on profits of inflation and higher interest rates.
Read on NewsMatic →
Banks, brokers, travel booking companies hit by threat to ‘consumer inertia.’
Read on NewsMatic →
Japanese stocks look poised to catch up with a global AI-led rally when trading resumes on Thursday, while a weaker yen keeps currency intervention risk in focus.
Read on NewsMatic →
