What a ticker! CUAN, which literally means PROFIT. Shares of Petrindo Jaya Kreasi (CUAN) gained 24.5% to Rp274 on Wednesday, its date of listing and trading debut. CUAN offered 1.69 billion shares through the initial public offering (IPO), representing 15%, priced at Rp220 a share, to raise total proceeds of Rp371.8 billion. It listed 11.24 billion shares in Indonesia Stock Exchange (IDX).To subscribe please click here
