Stock market rings in PPAP
Shares in Phnom Penh Autonomous Port (PPAP) debuted on Cambodia’s sleepy stock exchange yesterday morning, ending the day at 5,140 riel ($1.28), down 1.15 per cent from the 5,200 riel opening price, after a lukewarm session of sideways trading that dashed some investors’ hopes for quick returns.
The port operator became the third company to list on the Cambodian Securities Exchange (CSX) after successfully raising $5.2 million in an initial public offering. …
Cam McGrath
http://www.phnompenhpost.com/business/stock-market-rings-ppap