New Issues Puzzle: Experience from Karachi Stock Exchange
Published By: Pakistan Institute of Development Economics | Published Date: January, 01 , 2017Study finds that both groups of IPOs outperforms on first trading day, as average initial market adjusted returns of SOE and non-SOE IPOs are 27.65 percent and 22.53 percent respectively.
Author(s): Henna Malik, Malik Muhammad Shehr Yar, Attiya Yasmin Javid | Posted on: Oct 30, 2017 | Views() | Download (326)