27-Oct-2010 3:45 PM
Cebu Pacific floats in Manila; Skymark’s recent surge halts
Analysis
Cebu Pacific gained in its trading debut in Manila after the carrier completed the nation's largest IPO in five years. Shares in the carrier opened at PHP132 (USD3.06), a 5.6% premium on its issue price, closing up 6.4% at PHP133.
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