Tokyo Metro on Market Fast Track With 45% Jump in Debut
TOKYO (Reuters) -Tokyo Metro's shares shot up 45% in their market debut on Wednesday after Japan's largest initial public offering in six years bagged it $2.3 billion with the lure of sizeable dividends. Shares closed at 1,739 yen ($11.43) giving Tokyo Metro, one of the capital's two major subway operators, a valuation of roughly 1 trillion yen.
insider trading, Tokyo Stock Exchange
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