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BREAKING NEWS

Irish fintech FINEOS, ASX's biggest IPO this year, opens higher on debut

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(Reuters) – FINEOS Holdings Corp PLC’s <FCL.AX> Australia-listed shares opened slightly higher than their IPO price in their trading debut on Friday.

The Ireland-based company raised A$211 million (118 million pounds) from its initial public offering, Australia’s largest so far this year.

FINEOS opened at A$2.80 and was trading at A$2.6 per share by 0308 GMT, compared with its IPO price of A$2.50.

(Reporting by Nikhil Kurian Nainan and Shreya Mariam Job in Bengaluru; Editing by Muralikumar Anantharaman)

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