Insights 
INVESTMENT STRATEGY
THE BASICS
Downloads
DOWNLOAD
DOWNLOAD
DOWNLOAD
View all Reports
Economic Updates
Monthly Economic Update: Back-to-back cuts
DOWNLOAD
Reports
Back-to-back cuts: BSP follows Fed action
DOWNLOAD
Economic Updates
Inflation settles at 2.5% despite food-price uptick
DOWNLOAD
Follow us on our platforms.
Economy
1 MIN READ
Philippine supermarket operator AllDay sizzles in market debut
November 3, 2021
By Reuters
By Reuters
MANILA, Nov 3 (Reuters) – Shares of Philippine supermarket operator AllDay Marts Inc ALLDY.PS soared 50% on their market debut on Wednesday, following the latest in a raft of initial public offerings in the Southeast Asian country.
AllDay, owned by the family of Manuel Villar, the Philippines’ richest man, priced its $89 million IPO at 0.60 pesos per share. The stock opened at 0.90 pesos, hitting the day’s upside limit. nL1N2PP02P
(Reporting by Enrico Dela Cruz; Editing by Christopher Cushing)
This article originally appeared on reuters.com