Auckland-Listed Debut Prices at Top of Range Amid Investor Demand
A newly listed New Zealand company priced its initial public offering at the top of its indicated range after strong institutional interest.
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Markets news from Australia, New Zealand, and the wider Pacific.
A newly listed New Zealand company priced its initial public offering at the top of its indicated range after strong institutional interest.
Yields on longer-dated Australian government bonds slipped following a debt sale that drew solid investor demand.
Australia's benchmark equity index advanced as strength in resources and banking shares offset caution in defensive sectors.