JAKARTA — Shares of Indonesian infrastructure and logistics company Chandra Daya Investasi, a unit under major energy conglomerate Barito Pacific, rose 35% in its market debut Wednesday.
Chandra Daya’s stocks traded at 256 rupiah per share as the Indonesia Stock Exchange opened in the morning – an increase from its initial public offering price of 190 rupiah. The Jakarta Composite index rose roughly 0.4% on Wednesday’s opening.
