Business Standard

Aston Martin shares open flat at 19 pounds per share in London debut

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Reuters LONDON

LONDON (Reuters) - Shares in luxury carmaker Aston Martin opened flat at the offer price of 19 pounds ($24.70) per share in its London debut on Wednesday.

By 0707 GMT the stock inched up to 19.14 pounds per share.

Bankers typically target a slight bump in the stock on the first day of trading of an initial public offering to help build momentum.

($1 = 0.7691 pounds)

(Reporting by Dasha Afanasieva, editing by Sinead Cruise)

Disclaimer: No Business Standard Journalist was involved in creation of this content

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First Published: Oct 03 2018 | 12:40 PM IST

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