Thailand's PTT Oil and Retail makes stock market debut 50% above IPO price

Thailand's PTT Oil and Retail makes stock market debut 50% above IPO price

Bangkok, Thailand. Photo: Jakob Owens/unsplash

Shares in Thailand’s PTT Oil and Retail Business Pcl on Thursday opened nearly 50% above the initial public offer (IPO) price, in one of the country’s largest listings this year.