DP World share price hit by global market concerns

2008-1-21

The Dubai International Financial Exchange (DIFX) listing of international ports operator DP World appears to have been hit by turbulent times in the international markets.

Almost three months after its initial public offering, DP WorldĄŻs share price closed on January 18 at $1.08.

In what was the Middle EastĄŻs largest initial public offering, DP World listed on October 26 at a share price of US$1.30 each. This price was the top of the indicative range of $1.00 - $1.30 announced by the company at the start of its pricing process.

Source: arabianbusiness
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