OSE stock popular in market debut, ends 1st day unquoted

OSAKA, Japan - Osaka Securities Exchange Co. (OSE), which made its debut on the exchange's Hercules market for start-up companies on April 1, finished the day's trading unquoted amid investor fervor. The stock attracted massive buy orders and was bid at 386,000 yen shortly before the end of the trading session, more than double its initial public offering (IPO) price of 170,000 yen.

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ILEA001102350

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2004/4/01 00:00:00

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Kyodo / Kyodo News Images

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2004 Kyodo News

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