How is Bumi Armada first day in KLSE?

Bumi Armada Bhd, controlled by tycoon T Ananda Krishnon made a strong debut in KLSE with a 30% premium over its IPO price of RM3.03.

The biggest IPO for KLSE this year opened at RM3.65 or 21% higher and closed RM1.11 higher to RM4.14.

With the stock being listed, we may see some money back to KLSE again. Hopefully with this money KLSE will go higher and more active in trading.