JAKARTA/SINGAPORE :Shares in Indonesia's Trimegah Bangun Persada rose in their trading debut on Wednesday after the company, also known as Harita Nickel, raised 10 trillion rupiah in the country's biggest listing so far this year.
It climbed as high as 1,410 rupiah a share, then dropped to as low as 1,205 rupiah before trading at around 1,275 rupiah, while the local benchmark stock index was down 0.17 per cent. New share sales more than quadrupled in Indonesia to $828.1 million in the first quarter from the same period last year, according to Refinitiv data.
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