CK Infrastructure Closes Higher After Thin London Start
- Stock sees light activity in first morning of trading
- CKI first to gain admission to London exchange under new rules
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CK Infrastructure Holdings Ltd. shares rose on their London debut, but trading was relatively thin in the first major listing under new rules meant to lure foreign issuers to the British capital.
The stock closed at 573 pence apiece, about 1.6% higher than an opening price of 564 pence, according to data compiled by Bloomberg. Volumes were relatively thin, with about £173,000 ($224,490) of shares traded compared to CKI’s roughly $18.7 billion market cap.