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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?


To: Kevin Podsiadlik who wrote (3057)11/4/2007 8:06:47 PM
From: RockyBalboa  Respond to of 6370
 
Prince ousted,
Citigroup first trades up 5.8 percent in Tokyo

TOKYO, Nov 5 (Reuters) - Citigroup Inc (8710.T: Quote, Profile, Research) (C.N: Quote, Profile, Research) first traded in Tokyo at 4,580 yen (=$39.90), up 5.8 percent from its tentative starting price of 4,330 yen, on the day of its Tokyo stock market debut.

The Monday listing came on the heels of the resignation of Charles Prince as chairman and chief executive of Citigroup and an announcement that the bank may suffer an $11 billion write-down for subprime losses. The tentative starting price for Tokyo trading was set based on Citigroup's closing price on Friday in New York.

quote.yahoo.co.jp